How Fence and Ledger works
From application to closing, every step is designed to protect confidentiality, maintain institutional standards, and streamline the exchange of commercial loan opportunities.
Apply for Membership
Submit your guild's membership application through our online form. Provide details about your institution, primary contacts, and the types of commercial lending activity you engage in. Our compliance team reviews every application against regulatory and reputational criteria.
- Application typically reviewed within 3 business days
- Verification of guild registration, licensing, and standing
- Designated contacts receive secure login credentials upon approval
Browse Available Opportunities
Once approved, your team gains access to the exchange. Browse summarized deal cards that display loan type, geography, approximate size, and asset class without exposing sensitive borrower data. Filter by criteria relevant to your institution's appetite.
- Deal summaries are anonymized until access is granted
- Filter by loan type, geography, asset class, and deal size
- New opportunities are posted daily by member institutions
Request Access to Deal Details
When an opportunity matches your criteria, submit an access request to the listing institution. The seller reviews your guild profile, trust score, and institutional fit before deciding whether to grant access to full deal documentation.
- Sellers control who sees their confidential deal data
- Access requests include your guild profile and trust rating
- Approved counterparties gain time-limited document access
Review Documents Securely
Approved counterparties receive access to the deal's document room. Review loan packages, financial statements, appraisals, and supporting materials through our encrypted document viewer. All access is logged and auditable.
- Documents delivered via signed, expiring URLs
- Watermarked viewing to deter unauthorized distribution
- Full audit trail of who accessed which documents and when
Communicate and Negotiate
Use the platform's secure messaging to discuss terms, ask questions, and negotiate directly with counterparties. All communications are logged within the deal record for compliance and reference purposes.
- Threaded messaging tied to each deal
- No sensitive data leaves the platform
- Message history preserved for regulatory and audit needs
Close and Record the Transaction
Once terms are agreed upon, finalize the transaction through your standard closing process. Record the outcome on the platform to build your guild's transaction history and trust score. Both parties provide confidential feedback.
- Transaction recording strengthens your guild's trust rating
- Counterparty feedback is aggregated and anonymized
- Completed deals contribute to your guild's platform reputation
Guiding principles
Seller Control
Listing institutions decide who gains access to their deal data. No borrower information is exposed without explicit approval.
Confidentiality First
Every interaction is governed by platform-level confidentiality agreements. Data never leaves the secure environment.
Institutional Standards
The platform enforces the same rigor and professionalism expected in direct institutional relationships.
Ready to get started?
Apply for membership and join a network of approved institutions exchanging commercial loan opportunities.
Apply for Membership