B
onside, a technology company serving brick-and-mortar businesses with financial underwriting and funding, has partnered with Kimco Realty and Nuveen Real Estate. As part of this partnership, both firms invested in Bonside and will be among the first to use its new proprietary product, the Bonside Scorecard. This tool helps commercial landlords assess the creditworthiness and risk of retail tenants more efficiently.
The Bonside Scorecard introduces standardization to evaluating retail tenant health, using a process similar to Bonside's own investment decisions. Built on data from accounting software, it enables landlords to quickly evaluate tenant performance based on 37 transactions to date. By analyzing and standardizing non-credit retail, Bonside aims to capitalize on this growing market segment.
