A consistent credit package for GPU lending
Evaluate GPU-backed transactions against your institution's underwriting, documentation and servicing requirements.
Start with credit-policy fit
Review eligible borrowers, customer revenue and hardware collateral against your institution's mandate. GLX provides a path to discuss participation, syndication or seasoned whole-loan purchases.
Examine the structure in detail
Assess the asset-holding entity, security interests, controlled accounts, covenants and lender rights. Transaction documents establish the obligations and remedies relevant to the proposed position.
Establish servicing responsibilities
USD.AI retains servicing. Confirm the information, monitoring, escalation and consent arrangements required by your institution before participation.
Participation routes through GLX
Participate at origination
Evaluate a position in a newly originated facility.
Join a syndicate
Participate alongside other capital providers in a larger facility.
Purchase a seasoned loan
Review a whole loan with an operating and repayment record.
Available transactions and participation terms depend on the facility and the capital provider's requirements.
Examine the structure behind each loan
Each qualifying loan is held in a dedicated special-purpose vehicle with its hardware, customer contracts and revenue accounts. Transaction documents set out the security interests, covenants and remedies.
- GPU hardware
- Customer contracts
- Revenue accounts
Supporting the loan throughout its life
Escrow
Released to the supplier after installation is independently verified.
Controlled revenue accounts
Customer payments flow to accounts within the structure.
Debt-service reserve
Held within the structure to support repayment.
Insurance and monitoring
Hardware insurance and monitoring for the term of the loan.
Servicing stays with USD.AI
USD.AI retains servicing and the borrower relationship when a loan is distributed through GLX. Monitoring, collections and reporting continue for the life of the loan, with the buyer's rights set by the transaction documents.
Funding
Conditions met and capital released
Installation verified
Servers confirmed online
Repayment
Collections from controlled accounts
Monitoring
Hardware and cash flow reviewed
Reporting
Information to capital providers
Review the evidence
Common questions
No treatment is represented on this page. Each bank must determine the applicable classification and requirements through its own legal, risk and regulatory processes.
GLX supports discussion of origination participation, syndicate positions, and seasoned whole-loan purchases. Suitability and availability depend on the transaction and mandate.
No. A sale depends on a buyer, transaction terms, and market conditions.
