A second person on the file means a second set of obligations.
Where someone else stands behind the loan, the record has to carry them properly: who they are, what they agreed to, when they consented, and what happens if that consent turns out not to be theirs.
CD Guarantor Loans is Covenant Desk Lending configured for a second party — guarantor identity, the signed consent Licensing Condition 13 requires for referees, and a reversal path when consent fails.
This runs on Covenant Desk Lending today. It is the same borrower record and the same audit trail, configured with different products, rules and documents — a setup task rather than a build.
The borrower page carries the second party properly: who they are, what they signed, when they consented, and whether that consent still stands — rather than a name typed into a box on the application form.
Each stage below runs on the Covenant Desk platform. The result and the evidence behind it stay attached to the borrower and the loan.
A guarantor or referee is a person on the record with their own identity evidence, not a name typed into a free-text box on the borrower's form.
Licensing Condition 13 requires the referee's own written consent, signed by them, confirming they agree to act. The platform captures it and attaches it to the loan agreement, in the order the condition expects.
Conditions 1 to 4 apply to any loan agreement: whether a third party was involved, who they are, and the prohibition on separate fee charging. Those answers sit in writing on the loan.
What the guarantor agreed to is its own record, with its own document and its own audit trail, rather than an annotation on the borrower's file.
If you learn a consent was not genuinely signed, Condition 13 requires you to stop using that referee's information. The record is built so that is an action you can take and evidence, not a deletion you improvise.
AI Copilot answers plain-language questions about your own portfolio with links back to the underlying records. AI Credit Analyst summarises a file and cites where each figure came from. Document processing reads what the borrower sent into fields your staff confirm, and email and WhatsApp intake turn enquiries into structured leads.
None of it approves anything. Every output is decision support attributed to the staff member who accepted it, and no loan is approved without a named person signing off. That boundary is the same on this product as on every other.
One borrower record, one audit trail. These capabilities are part of the same platform and apply to this product line as well.
Court judgments, company and directorship records, insolvency, regulatory enforcement, adverse media and sanctions — recorded against the borrower with the reason each result was cleared. Criminal records are not searchable by a third party in Hong Kong, and the platform does not claim otherwise.
Valuation, loan-to-value, charge registration, priority, redemption and discharge are first-class objects on the platform, so a secured product line runs on the same borrower record as an unsecured one.
Connect the credit reference systems and data providers your licence and consents allow, and work with that data alongside your own borrower records. Covenant Desk does not operate a credit database or issue consumer credit reports.
Other lines: CD Tax Loans · CD Debt Consolidation · CD Business Lending · CD Property Mortgage · CD Bridging Finance.
Plans are split by how many lending companies you run. Portal software and implementation are custom quoted; AI, bots and other add-ons keep their separate published prices. Configuration for this product line is completed during implementation.
Single company
Cross-company
Federation
Bring your own book to the demo and we will work through it against these questions rather than a slide.
Book a demoYes. Licensing Condition 13 permits them and sets the procedure: where a referee is provided, the lender obtains the referee's own written consent, signed by the referee, and attaches it to the loan agreement. The Registrar publishes a sample consent form. What the condition does not do is prohibit referees.
Condition 13 requires the lender to immediately cease using that referee's information. The platform treats that as a recorded action against the loan, so you can show what was stopped and when, rather than quietly deleting a field.
No, and the distinction matters. A referee provides information about the borrower on a voluntary basis; a guarantor takes on obligations for the debt. The platform records them as different roles because the consequences differ.
