CapitalBridge vs Termly
Termly is AI-native covenant extraction (PDFs to covenant terms with automated memos). CapitalBridge is production compliance operations (covenant tracking + borrower portal + audit trail). Different layers of the same problem. Most teams benefit from both.
A term sheet is a promise about the future. A covenant is that promise being tested every quarter.
At a glance
| Dimension | Termly | CapitalBridge |
|---|---|---|
| Primary focus | AI extraction + automated compliance memos | Production compliance ops + counterparty portal |
| Best for | Lean credit teams, emerging managers wanting fast operational wins | Mid-market funds needing production-grade workflows + audit trail |
| Covenant calculation | AI extraction + automated | Deterministic rule-based (regulator-friendly) |
| Document extraction from PDFs | Excellent (AI-native) | Standard (manual + template) |
| Borrower self-service portal | Moderate | Yes (built-in, multi-language) |
| Audit trail | Standard | SHA-256 chained ledger |
| Production deployment | Newer platform | 191+ counterparties, 23 countries |
| Implementation | Low (fast deploy) | 2-4 weeks |
Different layers, often complementary
Termly's AI extraction is genuinely useful for ingesting new credit agreements + generating first-pass compliance memos. CapitalBridge's ongoing compliance operations + borrower portal + SHA-256 audit trail are not what Termly tries to be, and vice versa. Many teams pair them: Termly for intake + analysis, CapitalBridge for ongoing ops + reporting + auditor view. For a single-platform choice: pick based on whether your bottleneck is unstructured-document ingestion (Termly) or ongoing operational compliance + borrower workflows (CapitalBridge).
Extraction happens once. The ledger keeps going.
Extraction is one step of a loop that runs every quarter for the life of the facility. A number that has been read out of a PDF has not yet been tested against anything.
The number Termly extracts still has to be tested, every quarter
Termly's AI reads the covenant off the agreement once. CapitalBridge tests it against the borrower's actual submission, this period and every period after.
A memo captures a moment. The ledger captures the sequence, and hashes each entry onto the one before it, so what changed and who changed it survives the quarter.
A memo captures a moment. The ledger keeps going
A compliance memo is a snapshot. CapitalBridge's audit trail keeps the record of every reminder, submission and change for as long as the facility is open.
How does Termly compare to CapitalBridge?+
Termly is an AI-native covenant monitoring platform with strong document extraction (covenants pulled from credit agreements and financial statements via AI) and automated compliance memo generation. CapitalBridge is an operational compliance platform with a deterministic rule-based covenant engine, configurable headroom buffers, three-state status, a borrower self-service portal, and a SHA-256 chained audit trail. Termly excels at unstructured-document intelligence; CapitalBridge excels at production-grade operations. Largely complementary.
Which is better for AI-driven workflows?+
Termly is AI-native: covenant extraction from PDFs, automated compliance memos, modern UX optimised for AI workflows, best for lean credit teams and emerging managers wanting fast operational wins. CapitalBridge uses deterministic rule-based covenant calculations (regulator-friendly, fully auditable), with AI augmentation in adjacent layers like document classification and anomaly detection. Choose Termly for AI-first workflow and document parsing; choose CapitalBridge for production compliance ops, borrower portal and audit-grade trail.
Can we pair Termly with CapitalBridge?+
Yes. Termly for AI extraction of covenant terms from new credit agreements and first-pass compliance memos. CapitalBridge for ongoing covenant monitoring, borrower-side reporting, and audit trail. The two systems address different stages of the compliance lifecycle: intake and analysis versus ongoing operations.