AssureMonitor
The pack verifies the deal before you fund. Monitor keeps verifying it after — re-pulling the same trade evidence over the life of the facility and flagging deterioration, dilution and counterparty events the moment they appear.
AssureLocker supplies signals and recommended checks. It does not approve, price, sanction, disburse, hold funds, chase collection or replace the lender’s own credit process.
What it watches
The receivable can change after you fund it
Underwriting is a snapshot. Between disbursement and settlement the invoice can be credit-noted, the goods can be diverted, the buyer can dispute, the counterparty’s registration can be cancelled. Monitor re-checks each funded deal on a cadence and surfaces only what changed.
Receivable dilution
A credit note or GST amendment against the funded invoice — the receivable shrinks after you funded it.
Goods-movement diversion
A linked e-way bill cancelled or diverted mid-transit, or a buyer rejection — the shipment behind the receivable moved.
Buyer dispute
The buyer raises a dispute or short-payment on the funded invoice — the repayment source is at risk.
Overdue & due-soon
Date-based checks on every funded deal — a receivable falling due or already past due, with days-over context.
Counterparty corporate events
A GSTIN cancellation, DIN strike-off or director change on the deal's borrower or buyer, joined from entity monitoring.
Insurance lapse
Cargo or trade cover on the funded shipment lapses — collateral protection weakens while exposure is live.
How it works
Silent when fine. Loud — to one analyst — when it matters.
Weekly by default, daily on demand
The API-cost-incurring trade-evidence re-pull runs weekly for every lender by default; switch a portfolio to daily monitoring (a premium add-on) in settings. Free overdue / due-soon checks always run. Refresh any single deal in real time from its deal room.
Exception-only, to the right analyst
A clean check is silent — the deal room just shows “monitored, last checked”. The moment a check flags something, the assigned analyst gets an email: the exception, the recommended recourse, an attached PDF and a deep link straight to the deal.
Recommended recourse, never an instruction
Each exception carries suggested verification or reconciliation steps a credit team may consider — reconcile against GSTR-1/3B, adjust drawing power by the credit-note amount, re-confirm the receivable. Signals and suggestions only; the lender decides.
Weekly (default) or daily re-pulls between funding and settlement. Only the check that finds something raises an exception; the rest are recorded silently as “monitored, last checked”.
What it is — and isn’t
Transaction monitoring, not covenant surveillance
Monitor watches the funded transaction— the invoice, the goods, the buyer, the counterparty’s registration — using AssureLocker’s own GST, e-way and IRP checks. It is near-real-time and deal-level. It is not a financial-covenant or ratio-headroom surveillance product, and it is not a credit rating. Financial-covenant and rating-migration monitoring are on the roadmap, gated on their own data sources, and will be labelled as what they are — periodic and opinion-based — when they ship.
Every exception carries recommended recourse — a suggested check the lender may consider, never a credit or collection instruction. AssureLocker does not lend, hold funds, value goods, or make the decision. The lender decides.
Commercials, stated plainly
The Monitor capability is included in every AssureLocker subscription. Enrolled deals are billed a flat per-deal weekly rate — daily cadence is a premium option — separate from, and never drawing on, your pack-credit allowance. No per-alert, per-signal, loan-value, sanction or outcome-linked fee, and monitoring never stops because an allowance ran out. An exception that warrants full reassessment is an ordinary evidence-pack request at pack rates. Indicative figures on the first call.
Works with
AssureSignal — Pre-Credit Pack
The point-in-time evidence pack your team reviews before funding. Monitor continues it after.
AssureFirst
First-financing fingerprint registry — the anti-duplicate check at disbursement that Monitor watches over time.
Monitoring settings
Set the cadence (weekly / daily) and the analyst who receives exception reports.
Turn monitoring on for your funded book
Start in shadow mode on a sample of live deals, tune the cadence, and route exception reports to the right analyst. Then decide whether to run it across the portfolio.