Use Cases
Built for the Workflows That Consume Your Team
These four document types represent the bulk of manual processing in syndicated lending operations — and the workflows where Clairo delivers the fastest ROI.
Drawdown Notice Processing
The highest-volume workflow in credit ops
The problem
Every drawdown notice arrives in a different format — some on letterhead, some as scanned PDFs, some with handwritten annotations. Ops staff read each one and manually key borrower, amount, value date, and account details into LoanIQ. On a busy day, a team of five can process 40–60 notices. One typo on the amount field is a six-figure error.
How Clairo handles it
Clairo classifies the document as a drawdown notice, extracts all 10 schema-defined fields — including optional rate and interest period when present — and routes low-confidence fields to review. Approved data posts to LoanIQ automatically.
The outcome
Straight-through processing for standard notices. Review queue only for ambiguous fields. Processing time drops from 8–12 minutes per notice to under 60 seconds.
Fields extracted
10 schema-defined fields
- Borrower name
- Facility name
- Drawdown amount
- Currency
- Value date
- Account details
- Applicable rate
- Interest period
- Notice date
- Authorized signatory
Typical volume
40–60 notices per day at a mid-size bank
Borrowing Base Certificates
Complex calculations, zero tolerance for error
The problem
Borrowing base certificates contain calculated fields — eligible receivables, advance rates, borrowing base, outstandings, and availability — often spread across tables that vary by borrower and agent bank. Manual entry requires cross-checking multiple numbers. A transposed digit on availability can trigger a false over-advance.
How Clairo handles it
Clairo extracts all nine borrowing base fields with individual confidence scores. Currency and percentage fields are type-validated. Fields below the 80% threshold — often calculated totals — are flagged for human verification before LoanIQ entry.
The outcome
Ops teams verify flagged calculations instead of keying every field from scratch. Monthly certificate cycles that took two days complete in hours.
Fields extracted
9 schema-defined fields
- Borrower name
- Calculation date
- Total eligible receivables
- Advance rate
- Borrowing base
- Total outstandings
- Availability
- Officer name
- Date signed
Typical volume
Monthly per ABL facility
Compliance Certificates
Covenant testing, automated
The problem
Compliance certificates report financial covenant ratios — leverage, interest coverage, fixed charge — and certify whether the borrower is in compliance. These arrive quarterly and require careful extraction of ratio values from structured tables, plus boolean compliance status. Missing a covenant breach is a regulatory and credit risk.
How Clairo handles it
Clairo extracts leverage ratio, interest coverage ratio, fixed charge ratio, covenant compliance status, and default flags. Numeric fields are validated as numbers; compliance and default fields as booleans. The full certificate schema maps directly to LoanIQ covenant tracking fields.
The outcome
Covenant data enters LoanIQ on receipt — not three days later. Credit teams get compliance status in near real-time instead of after manual processing backlog clears.
Fields extracted
9 schema-defined fields
- Borrower name
- Reporting period
- Leverage ratio
- Interest coverage ratio
- Fixed charge ratio
- Covenant compliance status
- Any defaults
- Officer name
- Date signed
Typical volume
Quarterly per facility
Amendment Tracking
Legal documents, structured data
The problem
Amendment agreements modify credit facilities — changing rates, covenants, maturity dates, or borrower entities. Tracking what changed, when it becomes effective, and who consented requires reading dense legal prose and updating multiple LoanIQ records. Amendments are infrequent but high-stakes; errors propagate for years.
How Clairo handles it
Clairo extracts amendment date, amended sections, original and new terms, effective date, required lender consent, and signatures. Full-document reading captures changes buried in legal language that template-based tools miss entirely.
The outcome
Amendment terms are searchable and structured from day one. LoanIQ facility records update with effective dates and amended provisions — no manual summary memos required.
Fields extracted
10 schema-defined fields
- Borrower name
- Facility name
- Amendment date
- Amended sections
- Original terms
- New terms
- Effective date
- Required lender consent
- Agent signature
- Borrower signature
Typical volume
2–5 per facility per year
Start with Your Highest-Volume Workflow
Most design partners begin with drawdown notices or borrowing base certificates — the workflows with the clearest ROI. Request early access and we'll configure Clairo for your document types.
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