A credit facility is a lending arrangement that generally allows a borrower to draw down funds across different types of indebtedness. A single facility can include multiple tranches of indebtedness, including one or more term loans, revolving loans and letters of credit. Servicing a credit facility requires tracking each tranche’s lenders and terms, including balances, rates, fees, various currencies, multiple borrowing entities and covenant obligations. LoanStreet CLS services multi-tranche credit facilities with credit facility management software that tracks each tranche’s lenders, balances, rates, fees and currencies.