Fractional CFO for online lending companies
Online lending is loan-loss accounting before it is anything else. The provision under CECL or IFRS 9, the staging of loans by performance and the assumptions behind expected credit loss models drive the income statement and balance sheet at the same time. Origination fee recognition, securitisation accounting, warehouse covenants and the distinction between balance-sheet, marketplace and forward-flow models each carry their own treatment.
The CFO role is built around the data tape. Loan book reporting by vintage, cohort loss curves against provision, capital structure across equity, warehouse and forward flow, and unit economics from origination through fully amortised loan all have to live in a single lender-grade dataset. Warehouse covenants need continuous monitoring, ECL assumptions have to be documented, and management reporting has to feed the tape that lenders, rating agencies and acquirers will rely on.
Flow provides financial modelling, FP&A and startup CFO advisory to online lending companies across consumer instalment lenders, SMB lenders, point-of-sale finance providers, revenue-based finance platforms and specialty credit operators.
KPIs to track for "online lending" startups
We're very 'KPI-driven' fractional CFOs, and we make sure to monitor the right metrics for your startup.
Originations
Loan book outstanding
Yield (gross)
Charge-off rate
Loss-adjusted yield
Cost of funds
Provision / ECL
Approval rate
Vintage loss curve
Warehouse utilisation
Financial modelling for "online lending" startups
As fractional CFOs, we build KPI-driven financial models that are insightful and easy to maintain.
Financial modelling is both art and science - models must be robust, but also understandable, and useful for both internal planning and VC fundraising purposes. Hire a fractional CFO who knows how to handle both sides of the equation.
Vintage loss curves
Charge-offs and roll rates by origination vintage projected to maturity, with stress overlays for cohorts originated under loosening credit. The metric that flags credit deterioration months before it shows in the P&L.
CECL or IFRS 9 provisioning
Expected credit loss model under stage 1/2/3 staging, with macro overlays, qualitative adjustments and back-tested probability of default. Documented to the standard external auditors and warehouse lenders will both accept.
Loss-adjusted yield and unit economics
Gross yield by product against funding cost, charge-offs, servicing cost and acquisition cost to arrive at loss-adjusted contribution per loan. The number that decides whether a vertical earns its capital.
Capital structure waterfall
Equity, warehouse, ABS and forward-flow funding stacked by cost and covenant, with advance rates and concentration limits enforced. Tells the board how much origination capacity exists before the next capital action is needed.
Warehouse covenant monitoring
Borrowing base, eligibility criteria, performance triggers and minimum equity requirements tracked daily against actual book performance. Surfaces covenant pressure before it becomes a draw-stop or amortisation event.
Loan data tape and origination model
Lender-grade loan tape with originations, balances, payments, delinquencies and charge-offs at the loan level, feeding cohort analysis and the rate sheet that ties pricing to credit performance. The dataset every warehouse, ABS issuer and acquirer will diligence against.
Founders and investors we've worked with
We've supported winning builders across online lending and beyond.
Marcura
We acted as fractional CFO to Dubai-based Marcura, owner of maritime payroll and B2B payments platform MarTrust, advising on the strategic e-Wallet vendor selection and supporting product/finance integration.
See more
Bonart
We've worked as fractional CFO with Bonart, a Zurich-based independent Swiss strategic advisory and execution platform for PE and investor fundraising, providing long-term confidential valuation guidance.
See more
Lemonade
As a fractional CFO we performed a confidential valuation of Lemonade, the publicly listed full-stack insurer powered by AI and behavioral economics, supporting Elevator Fund's portfolio management.
See more
TBô
We acted as fractional CFO to TBô, a Zurich-based tech-enabled DTC male underwear brand, building a bottom-up financial / operating model with cohort-level KPIs and positioning the company for its next venture round.
See more
Onlogist
We acted as fractional CFO to Onlogist, a Hamburg-based online marketplace for last-mile vehicle transfer, providing confidential valuation guidance and operating model support.
See moreRecent fractional CFO track record
See our fractional CFO and financial modelling experience across online lending and beyond.
Simple pricing
No hidden costs, no complicated long-term contracts. We understand how important flexibility is for online lending startups.
Per month
- Accounting / FP&A tech stack implementation
- Monthly financial statements and reporting pack
- Quarterly board pack with detailed financial analysis (with variance analysis vs. budget, relevant KPI observations etc.)
- Investor-friendly output
Per month
- Everything in Core, plus
- Operating model (via an online platform like Runway or Excel-based)
- Ongoing model maintenance, refining projections, burn/runway management
- Customer cohorts modelling, churn and retention analysis
- LTV / CAC, unit economics analysis
- Cap table management
Per month
- Everything in Grow, plus
- M&A / fundraising support; review of business plan
- Pitch deck preparation
- Investor approach strategy / list building
- Due diligence support and deal negotiation
- Valuation as required and free access to Multiples Pro
Packages shown are illustrative, final pricing is tailored to client requirements.
Explore our fractional CFO offering for similar verticals
We're a specialized fractional CFO to fintech companies.
Our fractional CFO experience spans across all fintech verticals.
Explore other sectors
We know tech inside & out.
We provide fractional CFO services to companies operating across the entire tech.
More services
We help you scale by providing fractional CFO advice, through fundraising and a successful M&A exit.
VC fundraising for online lending companies
We help you prepare materials, reach out to investors in our extensive network, negotiate fair term sheets and structure the VC round.
Learn moreM&A for online lending companies
We advise winning tech companies on M&A exits, and over the years successfully executed numerous transactions with both financial and strategic buyers.
Learn moreTalk to us
Schedule a call to get a health check on your business and see how we could help.
Fractional CFO
- Fractional CFO for Software
- Fractional CFO for AI & ML
- Fractional CFO for Fintech
- Fractional CFO for Consumer internet
- Fractional CFO for Digital media
- Fractional CFO for E-commerce & marketplaces
- Fractional CFO for Consumer products
- Fractional CFO for Mobility
- Fractional CFO for Digital health
- Fractional CFO for Industrial technology
- Fractional CFO for Digital infrastructure
- Fractional CFO for IT services
Stages
Countries
- UK Fractional CFO
- Ireland Fractional CFO
- France Fractional CFO
- Germany Fractional CFO
- Spain Fractional CFO
- Portugal Fractional CFO
- Italy Fractional CFO
- Netherlands Fractional CFO
- Belgium Fractional CFO
- Switzerland Fractional CFO
- Austria Fractional CFO
- Denmark Fractional CFO
- Sweden Fractional CFO
- Norway Fractional CFO
- Finland Fractional CFO
- Poland Fractional CFO
- Estonia Fractional CFO
- US Fractional CFO
- Canada Fractional CFO
- Mexico Fractional CFO
- Brazil Fractional CFO
- UAE Fractional CFO
- Australia Fractional CFO
Cities
- London Fractional CFO
- Dublin Fractional CFO
- Paris Fractional CFO
- Berlin Fractional CFO
- Madrid Fractional CFO
- Lisbon Fractional CFO
- Milan Fractional CFO
- Amsterdam Fractional CFO
- Brussels Fractional CFO
- Zurich Fractional CFO
- Vienna Fractional CFO
- Copenhagen Fractional CFO
- Stockholm Fractional CFO
- Oslo Fractional CFO
- Helsinki Fractional CFO
- Warsaw Fractional CFO
- Tallinn Fractional CFO
- New York Fractional CFO
- Toronto Fractional CFO
- Mexico City Fractional CFO
- São Paulo Fractional CFO
- Dubai Fractional CFO
- Sydney Fractional CFO