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Participation - Buy Side

Explore how participating in capstack looks from the buyer's side.

By Ori Berelovich

In this tutorial, we will cover how buying into participation looks like in capstack, how to submit access requests to explore additional data like files and originating bank performance, submit participation requests, and sign the legal documents.


we will also showcase the existing notifications a buyer will receive trough the buying process.

Let's get started

First, we navigate into the marketplace and find a listing that we are interested in.

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Click on the title to see additional information
Step #1: Click on the title to see additional information
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Click on "See more information"
Step #2: Click on "See more information"

Offering Access Request

Currently, we are just viewers of this offering. We can see the basic data and terms. This data should suffice for us to understand whether we're interested in this offering and looking for additional data.

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Click here
Step #3: Click here

To submit an access request, we only need to click on "Request Full Loan Details".

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Scroll down and click on "Request Full Loan Details"
Step #4: Scroll down and click on "Request Full Loan Details"
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Click on "OK"
Step #5: Click on "OK"

Once the access request is accepted, we will get a message stating we now have access to further explore the offering, we will be granted access to the following features:

  1. Browsing the Documents library

  2. Viewing the originating bank performance

  3. Ask public questions in the Q&A section

  4. Access private information about the borrower

  5. Contact the originating bank via direct chat

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Step #6:
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Click here
Step #7: Click here
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Step #8:
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Click here
Step #9: Click here
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Click here
Step #10: Click here

Participation Request

The second step in the process of participating in a loan is the participation request.
After we decided we wanted to participate in the offering, we will be able to submit a participation request, this request states to the originator that we are interested in proceeding with the transaction.

the originator will evaluate our request and choose whether to continue with the offer.

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Click on "Submit Participation Request"
Step #11: Click on "Submit Participation Request"
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Click on "Submit Participation Request"
Step #12: Click on "Submit Participation Request"

By submitting a participation request, we are agreeing to the requested terms: participation amount and interest rate.

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Step #13:

Agreement

Once the participation request has been approved, we move to the agreement stage. in this stage Capstack offers the originator 2 options,

  1. Fully managed agreement - Managing the agreement signing process for the parties via Docusign.

  2. Manual agreement - Will be managed outside the system and uploaded after all parties have signed for documentation purposes.

In case the originator selected the "Fully managed agreement" option, you'll be required to sign the agreement first in DocuSign.

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Click here
Step #14: Click here
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Click on "Review And Sign The Agreement"
Step #15: Click on "Review And Sign The Agreement"
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Click on "Continue To Review And Sign"
Step #16: Click on "Continue To Review And Sign"
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Click here
Step #17: Click here
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Click on "START"
Step #18: Click on "START"
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Click on "Sign"
Step #19: Click on "Sign"
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Click on "Finish"
Step #20: Click on "Finish"
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Click here
Step #21: Click here
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Click on "Download agreement"
Step #22: Click on "Download agreement"

Once the originating institution signs the agreement, we will proceed to the final part of the offering which is the summary, here we can see the terms we signed on, access all the information historically, and download the signed agreement.

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Click here
Step #23: Click here

Loan Management

Once the transaction is finalized, we provide also management features for the offering. we will be able to access the offering and management-related data such as loan performance, active and historical payments.

We elaborate even further about the loans management system in the "Loans Management" tutorial.

quick overview of the features:

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Click on "Manage loans"
Step #24: Click on "Manage loans"
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Click on "Buy side" to access the performing loans
Step #25: Click on "Buy side" to access the performing loans
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Click here to view the latest offering we just participated in
Step #26: Click here to view the latest offering we just participated in
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Step #27:

Notifications

Notifications are integral part of get real-time updates about the requests we submitted, every action in the system is mapped to a relevant notification that helps the user navigate easily and get up-to-date with later actions. here are some examples

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Press on the bell icon in the top right corner of the screen
Step #28: Press on the bell icon in the top right corner of the screen

This is a notification we got as a party that requested access request to a certain offering. once we click on the notification we will be redirected to the relevant offering and can start exploring

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Click on the notification you want to open
Step #29: Click on the notification you want to open

here we see that we have one unread notification.

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Click here
Step #30: Click here

we are being notified that our participation request has been approved and we can proceed to signing the agreement

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Step #31:

Activity

Activity Is a place where we can browse all of our participation activities and view all the offerings we interacted with.

for documentation purposes, we also keep here finalized offerings for easy access.

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Participation - Buy Side