About the Pool

The pool cash flow is securitised and comprises receivables from secured SME loans originated by Five-Star Business Finance. After Sep 2023 payouts, the pool has a weighted average net seasoning of 57.4 months and top state Tamil Nadu accounting for 32.9% of pool principal. Average ticket size of the existing contracts in the pool is Rs 2.95 lakhs.

Pool Performance Summary (as after Sep 2023 payout)

^MCR = Monthly collections in the pool / Monthly billings

!CCR = {Total collections in the pool/(Total billings + opening overdues at the time of securitisation)}

*TCR = The minimum cumulative collection ratio required on a pool’s future cash flows, to be able to service the investor payouts on time
 

Counterparty Details

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