Private credit
Private credit with accrual and repayment built in
Credit funds earn interest, capitalize payment in kind and return principal. The ledger distinguishes each, and so do your investors' statements.
What gets in the way today
Accrual is a monthly scramble
Interest and payment-in-kind accruals are rebuilt in spreadsheets every period.
Income and principal blur
Investors need to know how much of a payment is income and how much is a return of principal.
Loan marks need history
Valuations per loan each period should be on the record, not in an email.
Features that apply
Fund accounting
Scheduled interest accrual, PIK capitalization and loan-level valuations.
Capital calls and distributions
Income distributions separated from principal repayments.
Tax center
1099 and K-1 delivery matched to the investor entity.
API and webhooks
Events for your loan servicing and reporting systems.
Vocabulary defaults
Investors see your terms, not ours. Defaults are editable per fund.
- Structure
- Private credit vehicle
- Terms
- Limited Partners, Interests, General Partner, LPA, or Members, Units, Manager, Operating Agreement
See it with your own fund structure
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