For Municipalities & Municipal Trustees

The transaction closed.
The responsibility didn't.

For the next 30 years, your finance team is wiring debt service, releasing construction draws, and paying vendors — with no systematic way to confirm where the money lands.

The Problem

Thirty years of payments. Zero systematic protection.

Debt service tracked in spreadsheets. Construction draws released after an email and a phone call. Vendor banking changes arriving by PDF. Each payment is a fresh opportunity for misdirection.

The Basefund Approach

Lifecycle protection from first draw to final maturity.

Counterparties independently confirmed, accounts checked in real time, and every disbursement insured — from quarterly coupon payments to $12M construction releases.

“When you’re managing multi-million-dollar transactions, security can’t be an afterthought. Basefund’s built-in verification and insurance features give us the confidence that every disbursement is protected.”
Andria Kataja
Director of Loan Operations, Equitable Facilities Fund

Capabilities

Protection from first draw to final maturity.

✓
Ongoing Verification
Trustees, paying agents, and contractors re-confirmed before every disbursement — across the full life of the bond series.
✓
Portfolio-Wide Visibility
See the verification status of every payment across your entire portfolio in a single dashboard. No more spreadsheet tracking.
✓
Regulatory Audit Trail
Sealed, permanent records ready for state auditors, oversight boards, or GASB compliance reviews. No manual assembly.
✓
Transaction Insurance
Every disbursement backed by its own policy. If a fraudulent redirect slips through, the funds are covered.
✓
Vendor Management
Maintain a verified registry of contractors, service providers, and payees. Changes to banking details trigger automatic re-verification.
✓
Public Accountability
Clear evidence for council members, taxpayers, and oversight bodies that every dollar went to confirmed, independently checked recipients.

30 years of payments.
Every one protected.

Continuous, insured protection across your entire bond portfolio.

Get Started