private-credit

Underwrite private credit facilities with cash-flow stress testing and covenant design.

2|Updated Mar 26, 2026
One-click install
npx skills add https://github.com/tmcga/alpha-stack --skill private-credit
Or copy as Structured Prompt for Agent
Please help me install this Agent Skill.
Skill: private-credit
Source: https://github.com/tmcga/alpha-stack/tree/main/skills/private-credit
Command: npx skills add https://github.com/tmcga/alpha-stack --skill private-credit

SYSTEM DOCUMENTATION & REQUIREMENTS

What problem does it solve?

Private credit underwriting for direct lending, mezzanine, and unitranche structures, enabling rigorous analysis of cash flows, covenants, and downside risk to support informed lending decisions.

Core Features & Use Cases

  • Underwrite direct lending facilities (first lien, unitranche, second lien) to assess debt serviceability across stress scenarios.
  • Design covenant packages and evaluate intercreditor dynamics to protect downside risk.
  • Stress test borrower cash flows, compute expected losses, and estimate risk-adjusted yields for deal screening and pricing.

Quick Start

Provide a private-credit case example and I will underwrite the loan, draft covenants, and estimate risk-adjusted returns.

Frequently Asked Questions about private-credit

High-intent search queries and answers about installing and using this skill.

FAQPage Schema
How do I underwrite a private credit facility and calculate risk-adjusted yield?

To underwrite a private credit facility, you must analyze borrower cash flows, design protective covenants, and stress-test downside scenarios to determine debt-service capability and estimate risk-adjusted yields for direct lending, mezzanine, or unitranche structures.

What covenants do I need for a unitranche or mezzanine direct lending deal?

Designing covenants for unitranche or mezzanine deals requires evaluating intercreditor dynamics and borrower cash flows to structure protective packages that mitigate downside risk and safeguard debt serviceability across stress scenarios.

Can I stress test borrower cash flows for sponsor-backed private credit loans?

Yes, you can stress test borrower cash flows for sponsor-backed private credit loans to compute expected losses, determine leverage thresholds, and size the risk-reward profile to support informed lending and pricing decisions.

What is the best way to size leverage thresholds for a mezzanine debt facility?

Sizing leverage thresholds for a mezzanine debt facility involves applying cash-flow analysis and stress-testing to evaluate debt-service capability, quantify downside risk, and determine appropriate leverage limits for risk-adjusted returns.

Does private credit underwriting work for both first lien and second lien structures?

Private credit underwriting applies to first lien, second lien, and unitranche structures, enabling rigorous analysis of cash flows and covenants to assess debt serviceability and downside risk across various direct lending scenarios.

When should I use stress-testing in private credit deal screening?

Stress-testing should be used during private credit deal screening to evaluate borrower cash flows under downside conditions, compute expected losses, and accurately estimate risk-adjusted yields before finalizing pricing and leverage decisions.