Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Solvency Confirmation Letter
"Need a Solvency Confirmation Letter for our Singapore-based manufacturing company to submit to DBS Bank for a new credit facility application, confirming our ability to service debts for the next 12 months from March 2025."
1. Letter Header: Company letterhead, date, reference number, and addressee details
2. Declaration of Authority: Statement of authority to make the declaration (e.g., director, authorized officer)
3. Company Details: Full legal name, registration number, and registered address
4. Solvency Statement: Clear declaration of company's solvency status including both cash flow and balance sheet tests
5. Financial Position: Brief overview of current financial position and ability to pay debts
6. Signature Block: Authorized signatory details and signature
1. Additional Financial Details: Detailed financial metrics when required by recipient - used when specifically requested or for regulated entities
2. Third Party Confirmation: Confirmation from auditors or accountants - used when external verification is required
3. Group Structure Reference: Information about parent/subsidiary relationships - used for companies within a group structure
1. Financial Statements: Recent balance sheet and profit/loss statements
2. Board Resolution: Copy of board resolution authorizing the solvency declaration
3. Auditor's Report: Independent auditor's report confirming financial position
Authors
Solvency
Cash Flow Test
Balance Sheet Test
Debts
Liabilities
Assets
Financial Statements
Contingent Liabilities
Directors
Board Resolution
Declaration Date
Relevant Period
Group Companies
Applicable Law
Material Adverse Change
Financial Indebtedness
Working Capital
Current Assets
Current Liabilities
Business Day
Jurisdiction
Regulatory Authority
Financial Year
Audited Accounts
Company Details
Financial Status
Solvency Statement
Cash Flow Confirmation
Balance Sheet Confirmation
Debt Servicing Capability
No Material Adverse Change
Contingent Liabilities
Director's Confirmation
Representations and Warranties
Governing Law
True and Accurate Statement
Financial Period Coverage
Supporting Documents Reference
No Winding Up Proceedings
No Receivership
Continuing Obligations
Future Payment Capability
Regulatory Compliance
Find the exact document you need
Download our whitepaper on the future of AI in Legal
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.