For GPU lenders, credit funds, and banks

Know what your GPU collateral is worth.

Hardbook is the independent appraiser for lenders that finance GPUs. We give your credit committee a signed value, based on real sales and on the condition of each unit.

Power-on hours11,965 hrs
ECC errors0
Thermals32°C idle
Signed value
Based on real data

We sell only the number and the audit trail.

No insurance. No guarantee. No trading. No stake in where prices go.

The problem

One facility. Three values.

The value of your collateral changes with the price source.

Illustrative proportions.

How it works

From real sales to one signed value.

  1. 01

    Record real sales

    What GPUs sell for, by channel.

  2. 02

    Read each unit

    Condition read from each GPU’s own telemetry.

  3. 03

    Price the condition

    Each unit priced on a curve of real sales, adjusted for condition.

  4. 04

    Sign the value

    One signed number, built for an examiner to reproduce.

Realized sale
Askskept apart
Power-on hours11,965 hrs
ECC errors0
Thermals32°C idle
This unit
New generation lands
Confidence band
Price against ageIllustrative shape
FMV · fair market value
OLV · orderly liquidation
FLV · forced liquidation
Signed hash
Sample · illustrative

Through the loan

One value at signing is not enough.

At signing

The value sizes the loan.

Every quarter

A fresh value to check the loan against.

In a default

A price for each step of the workout.

Do you lend against GPUs? Talk to us.

We are early, and we want to learn how your team values collateral today.

Schedule a call