Probability of Default (PD) Model
Sageworks developed a proprietary credit risk model that uses the probability of default to assess the creditworthiness of a private company. The global model incorporates financials from the owner or guarantor, providing a more comprehensive analysis of default risk for combined relationships. With this model, banks and credit unions can generate a default risk report for the borrower or use the PD as an objective risk rating. Download Product Overview
- Pre-screen borrowers before completing a full credit analysis
- Compare the borrower’s PD to its broader industry
- Justify loan and risk rating decisions with more objective, data-driven analysis
- Save time with automated documentation
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