Resources
Borrower Guides
Written for the borrower reading a term sheet, not for the market. Free to read, share, and cite.
What Is Private Credit
A plain language introduction to private credit: who lends, who borrows, and how these loans differ from bank lending.
How Interest Reserves Work
How interest reserves are funded, how they are drawn down, and why an exhausted reserve can trigger default.
Warning Signs of Predatory Loan Structures
Structural features that shift disproportionate risk onto borrowers, and the questions they should prompt.
What to Know Before Signing a Personal Guarantee
What a personal guarantee does, how far it can reach, and the limitations a borrower may seek to negotiate.
How Loan Modifications Can Go Wrong
What changes in a modification or forbearance agreement, and which concessions carry lasting consequences.
Questions to Ask a Private Lender
A practical checklist of questions to put in writing before signing a private credit term sheet.
Understanding Default and Enforcement Provisions
How default is defined in private credit documents and what remedies a lender may exercise.