Corvid Logistics At risk No new money
Regional trucking and logistics · Loan + revenue share · $9.0M deployed · Last report Oct 8
Risks
Items marked Act now.
2
Payroll gap and DSCR breach
Items marked Watch.
3
Fuel card, lawsuit, tax reminder
Leases remaining plus guarantees.
$3.4M
Leases $2.4M · guarantee $1.0M
Open IRS or state notices or levies. New, added by Your Cohort
1
Payroll tax reminder
Risks and obligations
Liens, taxes, lawsuits, leases, guarantees, related parties
Monthly · alerts daily
- Act nowPayroll $0.31M short for Wednesday Nov 11No funding source identified · today
- Act nowQ3 DSCR covenant breach0.86x vs ≥1.20x required · second quarter in a row
- WatchFuel card provider moved to prepay$0.18M credit line withdrawn · Nov 2
- WatchVendor lawsuitTrailer lessor, unpaid rent · $0.22M
- WatchTax notices (IRS or state)Payroll tax deposit reminder, no penalty yet
- InfoLease commitments$2.4M left across 2 terminals
- InfoFounder personal guarantee$1.0M, backing the Thorne loan
Monitoring for this company: bank, accounting, payroll, liens, tax and court records are connected. All feeds synced today at 6:00 AM.
New marks a measure Your Cohort adds to Thorne’s reporting · fictional companies and figures · thresholds are placeholders · select or hover any dotted label for its definition