XV. Capital Attaches to Lanes

The highest value output of the system is not a report. It is a lane. Historical tape identifies obligors, supplier behavior, dilution, control quality, and recurring asset characteristics. Continuous monitoring preserves that knowledge as new assets arrive. Once that lane exists, capital can underwrite against something repeatable rather than anecdotal. Forward flow, warehouse lines, managed accounts, and syndication all depend on the same thing: a lane with known behavior and live controls.

5 to 10 active programs.

Sources: MINT origination funnel, lane analysis.