CapitalBridge vs Termgrid
Termgrid is a lender workflow platform with covenant tracking inside a broader financing process suite. CapitalBridge is a focused covenant compliance + counterparty reporting platform with a borrower self-service portal. Different scope. Different sweet spots.
At a glance
| Dimension | Termgrid | CapitalBridge |
|---|---|---|
| Primary focus | Financing process + lender workflow + collaboration | Covenant compliance + counterparty reporting |
| Best for | Institutional private credit, mid-market direct lenders, PE-backed credit teams | Mid-market private credit + DFIs focused on compliance ops |
| Borrower self-service portal | No | Yes (built-in) |
| Covenant headroom monitoring | Visualization included | Configurable buffer per covenant per borrower |
| Document collection from borrowers | Lender collaboration only | 27 reporting types pre-configured |
| Audit trail | Standard | SHA-256 chained ledger |
| Implementation | Medium | 2-4 weeks |
| Multi-currency native (frontier markets) | Limited | 156 currencies |
Termgrid is the right call when
- You need integrated financing process tooling
- Lender collaboration is a primary workflow
- Institutional-grade collaboration features are required
- Covenant tracking is one capability among many in your workflow
CapitalBridge is the right call when
- Compliance + covenant monitoring is the primary workflow
- Borrowers need self-service portal (reduce email chasing)
- You operate in DFI / emerging markets context
- Auditor-grade audit trail (SHA-256 chained) is required
The covenant side, and the borrower side
| Borrower | Covenant | Level | |
|---|---|---|---|
| Kanzu Finance | DSCR | 1.42x | Compliant |
| Sahel Agri-Co | Leverage | headroom 6% | At-risk |
| Lakeview Microbank | DSRA | below floor | Breach |
Headroom, not just a pass or fail
Termgrid visualises covenant headroom inside its financing workflow. CapitalBridge sets the buffer covenant by covenant, borrower by borrower, and tests it every period.
| Borrower | Requirement | Status | |
|---|---|---|---|
| Northstar Energy | AFS | submitted | On time |
| Kanzu Finance | QMA | 3 days out | Pending |
| Lakeview Microbank | Covenant test | overdue | Chasing |
27 reporting types, collected from the borrower
Termgrid's collaboration tools sit on the lender side of the table. CapitalBridge's portal sits on the borrower side, with the reporting catalogue and reminder ladder that go with it.
How does CapitalBridge compare to Termgrid?+
Termgrid is a financing process and lender workflow platform with covenant tracking as one capability inside a broader credit operations suite. CapitalBridge is purpose-built for covenant compliance, counterparty reporting, and a borrower self-service portal. Different scope. Institutional private credit teams needing integrated financing workflow and lender collaboration fit Termgrid; mid-market funds focused on covenant monitoring, borrower compliance and audit trail fit CapitalBridge, shipped at department-budget pricing in 2-4 weeks.
How do the two compare on covenant monitoring depth?+
Both platforms support covenant tracking with headroom visualization. Termgrid integrates it into its broader financing process tooling, well-suited to mid-market private credit teams wanting one workflow platform. CapitalBridge focuses solely on covenant compliance, counterparty reporting and audit trail, with a borrower self-service portal Termgrid does not offer. Choose based on whether the need is broader lender workflow or focused compliance with borrower-side workflow.
Can we use Termgrid and CapitalBridge together?+
Yes. Termgrid handles the lender-side financing workflow: sourcing, syndication, deal collaboration. CapitalBridge handles the borrower-side compliance workflow: counterparty portal, covenant compliance, reporting collection. Combined coverage spans pre-investment to post-investment without overlap.