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SPV Management Services

We are a provider of comprehensive solutions for special purpose vehicles (SPVs), also known as special purpose entities (SPEs). Our SPV management services offer independent director, commercial domicile and registered agent services.

Trust Us to Meet Your Goals

We manage SPVs that can meet your goals and become a successful component of your planning strategy.

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Expertise with quality service

Our knowledgeable and experienced staff will help you consider your options.

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Unique solutions

Our solutions include corporate record keeping, bank account maintenance and reconciliation and board meetings and minute preparation.

Comprehensive Services and Solutions for Special Purpose Vehicles

Independent Director

An independent director plays a crucial role in the functioning of SPV by serving on its board of directors. WSFS SPE Services, LLC can provide you with an independent director that can assist your SPV in a wide variety of SPV transactions, including structured finance, credit, real estate or asset-backed securitization transactions.

Commercial Domicile

A commercial domicile is the headquarters of an SPV in which management discusses and manages business activities. Our services help SPVs set up commercial domiciles by offering office space, employees, officers, directors and administrative services. This service is available in both Delaware and Nevada.

Registered Agent

A registered agent is a person or business who can accept legal documents and government notifications on behalf of a special purpose entity. WSFS SPE Services, LLC can serve as your registered agent to ensure that your SPV is functioning in accordance to the law. This service is available in both Delaware and Nevada.

Corporate Governance Services

Springing and special members
Independent Director
Company formation/qualifications
Corporate administrative services
Preparation for local and state filings
Corporate record keeping
Conference room facilities
Mail processing and forwarding

Entity Management Services

Bank account maintenance and reconciliation
Board meetings and minute preparation
Telephone answering and message services
Shared or private office space

FAQs

Also known as special purpose entities (SPE), the SPV must conduct business in its own name, hold itself out as a separate entity and maintain an arm’s length relationship with any affiliates. Special purpose vehicles are formed in conjunction with:

– real estate finance transactions
– tax and risk management strategies
– project finance transactions
– trademarks and intellectual property protection
– bankruptcy remote entities
– holding company investment portfolios
– asset-backed securitizations
– collateralized debt obligations
– life insurance securitizations
– and other types of special purpose vehicles

The SPV’s organizational documents and/or transaction documents should include separateness covenants designed to provide legal comfort that the SPV will operate as an independent entity.

SPV management is the administration of necessary business functions to keep the parent and subsidiary companies separate from each other, in order to fully meet all legal requirements.

An SPV is a subsidiary created by a parent company to isolate financial risk. Its legal status as a separate company makes its obligations secure even if the parent company goes bankrupt. The SPV’s assets, liabilities and equity will be recorded on its own balance sheet so the financial information of the SPV may not appear on the parent company’s balance sheet as equity or debt.

A company operating in the SBA sector enters into a securitization to collateralize SBC (small balance commercial) loans. The issuing entity is a Delaware Statutory Trust (DST) and a Delaware/Nevada SPV is the Depositor. The Depositor purchases the loans from the Originator. The Trust issues certificates to the Depositor for the loans and the Depositor sells the Certificates to investors.