Direct lenders run sophisticated structures across manager, fund, SPV, and separately managed account hierarchies. LoanStreet models them natively, so the most complex credit in your book lives in the platform, not in a spreadsheet. See how agentic private credit loan servicing works.
Draw requests, PIK elections, and covenant deliveries arrive by email. Borrowers can’t see balances or upcoming payments without asking. The borrowers no longer query the lender for data or documents that they can self-serve.
Direct lenders not only have operations teams that need access to the loan data – they also have accounting teams, portfolio management teams, investor relations teams, and executive management teams that benefit from transparent access to the loan data. Instead of waiting on the operations team to answer basic questions, any team member can log in, pursuant to their permissible access, and self-serve the data that they need.
Loan terms, cash, documents, and fund hierarchy are tracked in separate tools and reconciled by hand before every report. With LoanStreet, each user securely accesses all of the data from a single source of truth.
Without LoanStreet, complex private credit features, such as non-pro rata PIK unitranche loans and delayed draws are often calculated in spreadsheets. Once a lender increases complexity or scale, spreadsheets become untenable. Borrower invoices and lender notices are automatically generated. Document and financial covenants are automatically tracked. Borrower draw requests create intuitive workflows for the borrowers and lenders. Payment processing features ensure straight-through processing.
When changes happen in spreadsheets and inboxes, there’s no reliable record of who did what and when, for auditors, LPs, or regulators. On the LoanStreet platform, all activities and changes associated with the loan are recorded, along with the user that authored such activity or change.
Yes. The platform models manager, fund, SPV, and separately managed account hierarchies, with non-pro rata funding and repayment across affiliated positions.
Yes. Lenders who don’t service in-house can shadowbook their portfolios the same way, with cash flow projections and reporting on the same record.
Yes. Future cash flow projections generate IRRs and MOICs at both deal and portfolio level.
See the full LoanStreet commercial and corporate loan servicing platform: AI loan boarding, straight-through payments, covenant tracking, and portfolio analytics.