Direct Lending

Covenant monitoring for bilateral direct lenders

Direct lending funds negotiate every facility one-to-one. Every loan ends up with its own covenant package: DSCR, ICR, LTV, leverage, plus deal-specific tests like minimum liquidity, excess cash flow sweeps, or sponsor support undertakings. CapitalBridge tracks them all per facility, recomputes automatically on borrower submissions, and gives the credit team one cross-portfolio view of risk concentration.

Built for Direct Lending Workflow

From facility close to compliance reporting, in one platform

Direct lending covenant compliance is not a back-office afterthought; it is the credit risk function in operational form. CapitalBridge captures the covenant package at facility close, applies it on every borrower data submission, surfaces deterioration proactively, and gives the credit committee an audit-ready view at every quarterly review.

  • Per-facility covenant package, defined once at close
  • Cascading defaults for sponsor-led, sector, or product type
  • Borrower portal eliminates email-based data collection
  • Audit trail every credit committee will trust
From a direct lending CIO

"We do not need a fund-accounting platform. We need a place where 80 facilities each with different covenants live, computed correctly, every quarter."

Ready?

See how it works with your portfolio structure

Book a 30-minute demo. We configure it with your actual portfolios, categories, and counterparties so you see exactly how CapitalBridge fits. No generic product tour. You talk to the team that built it.

Why we built this

"The gap between a $200K enterprise platform and a shared spreadsheet should not be this wide. We built the thing that belongs in that gap."