Deal Star has expanded far beyond listing credits. It's now a full-blown origination platform in the vein of FIS or Jack Henry, going far beyond matching buyer to seller.
We found our customers really were suffering under the complexity of creating, reviewing, and transferring tax credits, more so than finding deals or finding buyers.
Tax credits require hundreds of documents across dozens of regulatory categories, each with specific IRS requirements and validation standards.
Projects must satisfy requirements from IRS, Treasury, DOE, DOL, and EPA, with evolving guidance creating ongoing compliance challenges.
Substantial recapture risk means every element must be thoroughly verified, creating complex underwriting processes similar to commercial lending.
The risks involved and complex processes are simply more than manual processes can handle at scale, requiring systematic automation and verification.
We didn't seek to be an exchange because we started by serving listings on behalf of our broker network. That's really all the value an exchange brings, and it has significant limitations.
We found that the long tail for the buyer means that the transaction does not "end" for almost 10 years, and at any point the buyer might be called to account for complex decisions during origination or transfer.
Every document, decision, and verification step is tracked and maintained for the full compliance period.
Structured authorization processes ensure all parties understand their obligations and rights throughout the transaction lifecycle.
Complete transaction history and document versioning provides the foundation for long-term compliance and accountability.
See how Deal Star's origination platform approach transforms tax credit transactions from complex manual processes into streamlined, compliant, and scalable operations.
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