Neutral
Infrastructure
for Business Debt
OpenRate is a digital clearinghouse that enables structured, competitive origination between qualified businesses and vetted lenders
Built for transparency, governance, and long-term lender-borrower alignment
Business debt
still lacks market
infrastructure
Debt capital is fundamental to business growth, yet origination remains fragmented and opaque
Borrowers often make financing decisions without clear visibility into alternatives. Lenders spend significant time screening opportunities without standardized data or signals
What's missing is a shared layer of infrastructure — standardized formats, rules, and rails — that allow the market to function efficiently
OpenRate was built to provide that layer
OpenRate's role in the market
What OpenRate is
- A neutral infrastructure layer for business debt origination
- A permissioned environment for qualified borrowers and lenders
- A system that enables competitive, market-based outcomes
What OpenRate is not
- Not a broker or lead seller
- Not a referral service
- Not a pay-to-play placement platform
OpenRate provides the infrastructure — participants determine the result
How participation works
Apply to get approved to access the platform
Present financing needs in a standardized format
Receive competing proposals from qualified lenders
Select the option that best fits pricing, structure, and long-term objectives
Join a vetted network of capital providers
Access pre-screened, anonymized opportunities
Participate through structured, indicative bids
Compete on terms, structure, and fit — not proximity or off-platform noise
Governed participation,
enforced by design
OpenRate enforces participation through clear, operational safeguards:
- Borrower and lender identities remain anonymized during initial engagement
- Opportunities are reviewed before publication
- Participation is permissioned, not open
- Identities are revealed only once an indicative bid is accepted
Built to support durable
banking relationships
Financing decisions often initiate long-term banking relationships
OpenRate allows borrowers to express high-level relationship preferences alongside financing needs, while allowing lenders to evaluate opportunities with broader strategic context
This improves alignment from the outset — without forcing outcomes or distorting incentives
The result is not just efficient origination, but relationships built to last beyond a single transaction
Who OpenRate is for
- Established businesses seeking structured debt capital
- Companies that value transparency and choice
- Teams looking for the right long-term financing partner
- Banks
- Credit Unions
- Private Credit Funds
- Specialty Finance Providers
- Institutions focused on disciplined, relationship-driven origination
Aligned Incentives
Borrowers do not pay to participate
Lenders pay for access and a transaction fee upon close
This structure reinforces neutrality and long-term alignment
Engage with OpenRate
A permissioned platform for serious borrowers and disciplined lenders