Credibur replaces reactive continuity arrangements with always-on backup servicing infrastructure, ensuring institutional lenders and investors can rely on uninterrupted operations regardless of what happens to the primary servicer.
What is Backup Servicing
A backup servicer assumes loan administration and reporting obligations if the primary servicer or originator becomes unable to perform, due to operational disruption or insolvency.
This includes: portfolio data mirroring and reconciliation, borrower communication and collections continuity, payment processing and waterfall execution, investor and lender reporting, and regulatory and covenant compliance.
The role is a standard requirement in European ABS and private credit transactions where institutional capital providers require documented servicing continuity arrangements from day one.
