Preservation of capital before the pursuit of yield.

The name is a nod to Dr John Watson: the steady analyst who grounds bold ideas in evidence. Every facility is structured around secured collateral, conservative underwriting, and a long view of the relationship.

DUE DILIGENCE 9 STAGES ON EVERY DEAL

How a deal is checked.

Scrutiny

01Initial project assessment. Alignment with risk tolerance and a business model review.
02Legal due diligence. Swiss and local law firms vet the borrower and the structure.
03Conditions Precedent check. Verifying the CP list: the conditions that must be met before any money moves.

Structure

04Financial and collateral review. The numbers and the asset behind them.
05Security package design. Liens, pledges, and guarantees, set per deal.
06Notarial registration. Security registered before disbursement.

Stewardship

07Compliance and regulatory review. AML and KYC against Swiss, European, and local standards.
08Final approval and documentation. Sign-off and the paper trail.
09Ongoing monitoring. Regular borrower check-ins and clear enforcement triggers.

Security instruments

First-rank mortgage Personal guarantee Bank guarantee Share pledge Cross-collateralisation Assignment of rents Covenants Notarial registration Corporate guarantee Escrow control Retention account Insurance assignment Negative pledge First-rank mortgage Personal guarantee Bank guarantee Share pledge Cross-collateralisation Assignment of rents Covenants Notarial registration Corporate guarantee Escrow control Retention account Insurance assignment Negative pledge

First-rank mortgage
Personal guarantee
Bank guarantee
Share pledge
Cross-collateralisation
Assignment of rents
Covenants
Notarial registration
Corporate guarantee
Escrow control
Retention account
Insurance assignment
Negative pledge

Packages may vary by deal

From enquiry to indicative terms.

A few minutes

Enquire

Send the project, the asset, the amount and term sought, and the intended exit. A short brief is enough to begin.

Within 24 hours

Qualify

A principal reads the brief, checks it against the deal box, and follows up on anything missing.

Within 48 hours

Structure

The underwriting committee sets the security, the mortgage, the guarantees, and the order of disbursement.

Within 72 hours

Terms

You receive indicative terms in writing, with the structure already agreed rather than assembled after the fact.

Watson doctrine

Watson AM is built on a simple principle: preservation of capital before pursuit of yield.

First-rank securityRegistered first

A first-rank mortgage over the asset is registered before disbursement, ranking Watson AM ahead of other creditors.

Personal guaranteesBeyond the asset

When applicable, the sponsor stands personally behind the facility, so recourse extends beyond the asset itself.

Bank guaranteeAdditional layer

Where a deal calls for it, a bank guarantee from a named institution sits behind the facility, adding a further layer between investor capital and any loss.

Due diligenceNine steps

A published nine-stage pipeline runs on every facility, from first assessment through to ongoing monitoring.

Exit strategyPre-approved

Every facility is underwritten to a clear, pre-agreed exit before any terms are issued.

CollateralAsset-backed

Each loan is secured against real property, so repayment never rests on cash flow alone.

Term profileShort to mid

Facilities run short to mid-term, keeping capital working and turning over rather than locked away.

Maximum LTVUp to 80%

Loans are sized against a conservative view of value, leaving an equity cushion beneath Watson AM's position.

Underwriter reviewEvery deal

Nothing is funded without passing Watson AM's internal underwriting committee.

Swiss companyAG structure

Watson AM AG is a Swiss company, registered in Basel under UID CHE-368.490.535.

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