Significance of Statement of Truth
The banker who knows the fight won't be fair or easy
Arvind is a bank manager in an industrial Tier 3 city. Despite his best efforts and support to the borrower, it is likely the loan currently in default will become a Non-Performing Asset (NPA). This will be a huge blow to the performance of Arvind's branch and will perhaps reflect badly on his record. The borrower is shrewd and resourceful. Whilst he continues to be respectful, Arvind has a bad feeling. He knows well that the borrower will frustrate recovery and is immediately worried about the core assets relevant to the business. When stress appears, emails will be disputed and allegations will fly thick and fast. As the borrower seeks to introduce ambiguity, facts will be disputed and timelines will blur. He knows the truth — but truth, in the interest of bank and public money, will suffer.
Problems of the Operational creditor
Bhiwandi warehouse operator forced into debt by someone else’s delay
ARUN BAGHEL
Arun Baghel pays his truckers on time because they depend on him. But the big retailer who owes him doesn’t think twice before delaying payments by 60-90 days. When Arun can’t pay his own staff, shame floods him. He feels like a defaulter for doing the right thing. His distress is invisible. His truth lives only in sleepless nights.
These stories demonstrate systemic failures that we at Solvendo are determined to address.
Solvendo has spent nearly a decade innovating and building solutions that effectively deal with the hydra-headed monster — Debt Defaults.
Resolving Distressed Debt
Distressed debt is not a financial event – it is an information problem. Solvendo creates verifiable truth, orchestrates legal pathways, and introduces data intelligence into every stage of resolution. The result is a predictable, systematized, and tradable path to recovery.
A universe where distress is understood, priced, and resolved
Solvendo is focused on eliminating information asymmetry in financial markets. We've spent more than half a decade understanding, designing, architecting, and building the Distressed Debt Resolution Ecosystem.
Our technology solves for today's problems whilst ensuring it's future-ready for the evolving nature of credit and markets.