PerCina Report launched as a credit underwriting tool designed for the equipment finance and structured credit markets. By aiming to improve the speed, depth of analysis and ease of credit memorandum creation, PerCina Report intends to empower credit analysts at any skill level to create higher-quality credit reports more efficiently.

“Underwriting middle-market companies takes time, even when you have all the necessary information,” Andrew Carman, a 25-year industry veteran and the CEO and creator of PerCina Report, said. “A key challenge to analyzing companies with unique characteristics is that virtually all of the necessary information required for underwriting resides with the company seeking the capital, not with third-party credit bureaus.”

PerCina Report has a cloud-based infrastructure that is meant to allow users to tap into a frictionless “credit ecosystem” to expedite data collection, leverage decades of insights and integrate tools with their own analysis for a more comprehensive and consistent credit report. Users can utilize pre-made or customized digital templates, as well as the tool’s guided credit analysis process, to synthesize all the necessary data to complete underwriting analysis. The tool can then automatically generate a credit report and deal package for distribution.

“Our goal is to empower professionals to tell their credit story better, facilitating faster deal closures and increased business success,” Carman said.