Private credit lending has become a genuinely competitive space. When a corporate borrower is weighing which lender’s money to take, the deciding factor often isn’t just pricing — it’s the deal itself. Lenders differentiate by crafting bespoke loans, with terms engineered to be more attractive to the borrower while still protecting the lender’s position. And those terms keep evolving: dealmakers are constantly drafting new forms of PIK or conceiving new triggers for financial covenants to win the next deal.
The Real Problem Isn’t Designing the Loan — It’s Servicing It
Here’s the catch: the challenge in private credit was never really about designing new “loan technology.” Lawyers can draft almost any structure a dealmaker dreams up. The real problem surfaces afterward — how does an operations team actually service that loan once the final, complicated documentation is signed?
Even teams that have moved beyond Excel and onto a dedicated loan agency platform often find themselves constrained. Chances are, that platform was built decades ago — architected for a version of private credit that no longer exists.
Purpose-Built for Private Credit’s Nuances
LoanStreet’s loan servicing and management software was purpose-built to natively handle the full complexity of modern private credit — not retrofitted to accommodate it after the fact.
The platform handles every type of loan, including delayed draw term loans, revolvers, ABLs, and real estate construction loans. And it’s designed to manage the full range of features driving today’s deal structures:
- True PIK and PIK toggling
- Unitranche structures
- Multi-currency facilities
- Multiple Borrowers
- Non-pro rata funding and repayment
- Benchmark rate automation for floating rate loans
- Automated payments from pre-funded escrow and reserve accounts
- Complex fee support
- Financial covenant tracking
Where legacy platforms force teams into manual workarounds, LoanStreet is built to handle these features as first-class functionality.
A Modern, AI-Powered Tech Stack
LoanStreet’s infrastructure reflects how lending teams actually want to work today. Users can board loans through the AI LLM document reader, which extracts loan terms directly from credit agreements — eliminating hours of manual data entry. And the platform’s MCP server lets users query loan data and take action directly within the platform, connecting LoanStreet’s data to the broader AI tools teams are increasingly relying on.
Breadth and Depth That Stays Usable
None of this complexity would matter if the software itself became a burden to use. That’s where LoanStreet sets itself apart: it manages to make all of this optionality genuinely user-friendly.
Need to change a pro-rata funded loan to non-pro rata? No problem. Adding a new PIK drawdown? Not an issue. Creating a new cap on a construction draw? Easy to do. Need to back-date a lender register change and corresponding accruals? Easy. What would be a multi-step, error-prone process on a legacy platform is a simple, smart workflow on LoanStreet.
LoanStreet: Breadth, Depth, and Usability
Private credit lenders win deals by offering borrowers bespoke, sophisticated loan structures — but that advantage only holds if operations teams can actually service what the lawyers draft. LoanStreet closes that gap, combining deep native support for private credit’s most complex features with a modern, AI-powered, genuinely usable platform. That combination of breadth, depth, and usability is what makes LoanStreet the premier loan servicing and management software for today’s private credit lending.