Private Credit Intelligence

See beyond the fund. Understand the credit underneath it.

Research borrowers, facilities, lenders, sponsors, managers, funds and underlying credit exposure through one connected private credit intelligence environment. Fontavis brings borrower fundamentals, financing terms, lender relationships, portfolio exposure and market research together — helping credit teams move from market-level analysis to individual facilities without losing context.

55K+
Borrowers & Issuers Tracked
90K+
Credit Facilities & Instruments
25K+
Lenders, Managers & Sponsors
6K+
Funds & Investment Vehicles

Built for private credit managers, lenders, institutional investors, allocators, family offices and credit research teams.

Revenue$184M
EBITDA$41M
IndustryLogistics
BorrowerHarborline Distribution Corp.
SponsorCascade Growth Partners
Facility TypeSenior Secured Term Loan
SeniorityFirst Lien
Leverage4.2x
SpreadSOFR + 525bps
Interest Coverage2.6x
BorrowerIndustryLeverageSpread
Harborline DistributionLogistics4.2xS+525
Westgate ManufacturingIndustrials3.8xS+475
Leverage CovenantWithin Threshold
Interest CoverageApproaching Threshold
Fixed Charge CoverageWithin Threshold

Illustrative — covenant status is descriptive, not predictive.

2027
2028
2029
2030
2031+
Fund
Portfolio
Borrowers
Facilities
Connected Credit Data

Private credit becomes clearer when you can see through the structure.

A fund-level return doesn't tell you everything you need to know. Which borrowers drive the exposure? How leveraged are they? Who sponsors them? What are the terms of the underlying facilities? How much covenant headroom remains, and where is refinancing pressure building?

Fontavis connects borrowers, facilities, lenders, sponsors, managers and funds so users can research private credit from the market level down to individual instruments.

Borrower
Facility
Lenders
Fund
Sponsor Manager Maturity Covenants Comparable Credits
Market to Instrument

Research private credit at every layer.

Borrower Intelligence

Understand the business behind the debt. Bring operating performance and financing information together to support underwriting, comparable analysis and ongoing credit monitoring.

Business description & industry Ownership & PE sponsor Revenue & EBITDA EBITDA margin & growth Cash-flow metrics Total & net debt Leverage Interest coverage Debt-service coverage Liquidity Capital structure Current facilities & lenders Maturity schedule Relevant news

Facility & Instrument Intelligence

Go inside the structure of the deal. Move beyond headline yield and understand the underlying structure of individual private-credit exposures.

Instrument & facility type Origination date Commitment size & balance Seniority & security Collateral Coupon / reference rate Credit spread Floor & OID Call protection Amortization & maturity Leverage & interest coverage Covenants & headroom Amendments & refinancing

Lender Intelligence

Understand who is providing capital. Research banks, private credit funds, BDCs, specialty lenders and other institutions, and understand which lenders are active and how their strategies are changing.

Institution type Credit strategies Typical borrower profile Industry & geographic focus Preferred instrument types Recent & historical financings Average facility size Sponsor relationships Co-lenders Associated funds

Sponsor Intelligence

Understand the equity owner behind the borrower. Evaluate relationships between sponsors, borrowers and lenders across multiple sponsor-backed companies.

Portfolio companies Current credit facilities Lenders & private credit managers Financing history Acquisitions & refinancings Exits Associated funds

Fund & Manager Intelligence

Move from strategy to underlying exposure. Compare managers and strategies while maintaining visibility into the underlying borrowers and credits that shape portfolio exposure.

Fund vintage & size Strategy Fundraising status Geographic & industry focus Borrower & instrument focus Portfolio holdings where available Deployment pace Portfolio concentration Maturity exposure

Portfolio Look-Through

See through the fund to the underlying credits. Where holdings information is available, move through Manager → Fund → Portfolio → Borrower → Facility.

Borrower & industry Sponsor Geography Instrument type & seniority Maturity & origination vintage Leverage Covenant structure
Deal Intelligence

Know where a credit sits relative to the market.

Private loans are difficult to evaluate in isolation. Fontavis helps users compare facilities against relevant cohorts using borrower, market and structural characteristics.

Pricing Intelligence

Reference rates Credit spreads All-in yield OID & fees Floors Amortization

Structural Intelligence

First-lien Second-lien Unitranche Mezzanine Asset-based lending Venture debt NAV facilities

Covenant Intelligence

Leverage covenants Interest coverage Fixed-charge coverage Minimum liquidity Debt baskets Equity cures

See the Comparables tab of Private Credit Intelligence above for a sample deal-benchmarking view.

Maturity Intelligence

Know when capital structures need to change.

Maturity schedules can reveal potential refinancing pressure before it becomes obvious at the portfolio level. Fontavis helps users analyze upcoming maturities across borrowers, funds and portfolios.

Refinancing Exposure

Near-term maturities Higher refinancing costs Multiple facilities coming due High leverage Limited covenant headroom

Refinancing History

Extensions Amend-and-extend Refinancings Repricings Debt exchanges Restructurings

See the Maturity tab of Private Credit Intelligence above for a sample maturity-wall view, filterable by industry, fund, manager, borrower and instrument type.

Credit Risk

Move from periodic review to continuous awareness.

Private-credit conditions can change between reporting periods. Fontavis Monitor™ helps teams organize borrower, facility and portfolio information and follow relevant developments as new information becomes available.

Revenue & EBITDA trends Margin & leverage changes Interest coverage Liquidity pressure Covenant headroom Payment issues Maturity proximity Sponsor actions

These indicators reflect available research context, not a predictive model or a guarantee of future performance.

See the Covenants tab of Private Credit Intelligence above for a sample covenant-headroom view.

Market Intelligence

Understand conditions beyond the portfolio.

Private-credit pricing and underwriting standards evolve with interest rates, liquidity, competition and borrower demand. Fontavis connects deal-level intelligence with broader market conditions.

Market Dashboard

Origination volume Average spread Average leverage Covenant prevalence Refinancing activity Fundraising & dry powder

Strategy Intelligence

Direct Lending Middle Market Unitranche Mezzanine Venture Debt Asset-Based Lending NAV Lending Fund Finance

Sector Intelligence

Software Healthcare Business Services Industrials Consumer Financial Services Energy
Discovery

Find the credits and markets worth investigating.

Search and screen borrowers, deals and managers using criteria aligned with a strategy, and organize saved searches and alerts around new deals, maturing facilities and credit events.

Sponsor-backedSectorEBITDA rangeLeverageFacility typeMaturity window

Underwriting Intelligence

Bring borrower research, capital structure review, market comparison and documents into an organized workflow that can support credit and investment committee analysis. Fontavis organizes the information used to evaluate a credit — it does not automatically approve or reject credit decisions.

Business model & market position Historical financials Debt capacity Existing & proposed debt Collateral Market comparison Credit memorandum support
Distressed Credit

Follow deterioration, restructuring and recovery.

Research material developments affecting stressed borrowers and facilities — payment defaults, covenant breaches, amendments, restructurings and recoveries.

Operating Deterioration
Covenant Event
Amendment
Restructuring
Resolution
Fontavis Monitor™

Monitor private credit at borrower and facility level.

Bring credit positions into a portfolio-level environment designed for ongoing analysis, concentration review and reporting to investment and risk committees.

Learn More →

Watchlist

NorthPeak AISeries B closed
Meridian MultifamilyNew listing added

Portfolio Developments

Harborline DistributionPayment received
Tech Ventures Fund IQ3 report published

Market Developments

Private Credit SpreadsTightened 12bps
Multifamily Cap RatesStable in Q3

Research Updates

Sector Deep Dive: AIPublished Sep 10
Market Outlook 2026Published Sep 3
Borrowers Facilities Maturities Managers
Concentration analysis Cross-manager analysis Monitoring calendar Investment & risk committee reporting
Private Credit Research

Understand the forces shaping credit conditions.

Fontavis Research combines market intelligence with analysis of the broader private lending environment — interest rates, credit spreads, leverage, covenant trends, refinancing, defaults and fund finance.

Credit Themes

Interest-rate conditions Maturity walls Covenant trends Sponsor behavior Software leverage Healthcare credit NAV financing Bank retrenchment Public/private credit convergence

Expert Guidance

When a credit question requires deeper context.

Fontavis research specialists can support targeted private-credit research — borrower research, deal comparables, covenant analysis, manager research and lender mapping — where available.

Example questions
  • “How does this loan's spread compare with similar sponsor-backed software credits?”
  • “Which lenders are most active in lower middle-market healthcare?”
  • “How much maturity exposure sits in this portfolio over the next 24 months?”
  • “Which comparable unitranche facilities originated recently?”
Speak With an Expert
Connected Intelligence

The private credit ecosystem, connected.

Private credit is a network of borrowers, sponsors, lenders, managers and capital structures. Fontavis lets users move naturally between a borrower and its sponsor, facilities, lenders, fund and manager — and between a manager and the funds and borrowers underneath it.

Connecting those relationships helps users understand individual credits in the context of the broader market.

  • Borrower → Sponsor → Facilities → Lenders
  • Borrower → Fund → Manager
  • Borrower → Comparable Borrowers
  • Facility → Refinancing Activity
Built for Private Credit

Intelligence for every side of the market.

Private Credit Managers

Source, research, underwrite, compare and monitor credits across the investment lifecycle.

Banks & Lenders

Research borrowers, benchmark facilities and understand financing and refinancing activity.

Institutional Investors & LPs

Evaluate managers, compare strategies and look through funds to underlying credit exposure where available.

Consultants & Fund-of-Funds

Compare managers, strategies and portfolio construction across private-credit markets.

Family Offices

Research private-credit managers and organize direct and fund-level exposure.

Advisors & Wealth Managers

Understand private-credit vehicles, managers and market conditions with stronger institutional context.

Connect Credit Intelligence to Your Workflow

Bring Fontavis intelligence into the systems your team already uses.

Where supported, Fontavis private-credit intelligence can be incorporated through exports, APIs, data feeds, CRM integrations, portfolio integrations and custom reporting.

Explore Data & Integrations →
Underwriting models Portfolio systems Risk dashboards Investment committee workflows Data warehouses Business intelligence tools Investor reporting
Built for Professional Credit Research

Different sources shouldn't mean different definitions.

Borrower financial information, loan terms, valuations and portfolio information can originate from different reporting periods and sources. Where relevant, important datapoints show source, reporting period, last updated date and whether a value is reported, calculated or estimated — and Fontavis distinguishes borrower-reported, manager-reported, regulatory, public, loan-document, third-party, calculated, estimated and Fontavis-research information from one another.

Borrower-reported Manager-reported Regulatory filings Public disclosures Loan documents Third-party Calculated Estimated Fontavis research

Document Intelligence

Keep credit agreements, amendments, compliance certificates, financial statements and covenant reports connected to the borrower and facility being researched, organized chronologically where appropriate.

Credit agreements Compliance certificates Financial statements Credit memoranda Covenant reports Loan tapes

Fund Finance

Leverage exists above the asset level too. Where supported, Fontavis organizes intelligence around NAV facilities, subscription lines and other fund-finance structures, connecting fund-level financing with the underlying assets supporting it.

NAV facilities Subscription lines Asset-backed facilities Collateral pools

Frequently asked questions

Fontavis Private Credit is designed to connect research across borrowers, facilities, lenders, sponsors, managers, funds and underlying portfolios. Available coverage depends on the market and underlying data sources.

Where instrument-level information is available, Fontavis can organize relevant information such as facility type, pricing, maturity, seniority, leverage, security, covenants and related borrower and lender information.

Yes. Borrower intelligence is designed to combine available business, financial, ownership, sponsor and financing information into a structured credit-research view.

Yes. Fontavis is designed to support comparable analysis using available borrower and facility characteristics such as sector, company size, leverage, pricing, maturity, seniority and structure.

Where sufficient comparable information exists, Fontavis can help users compare terms such as spreads, yields, leverage, maturities and covenant structures against relevant credit cohorts.

Where covenant information is available, Fontavis can organize covenant thresholds, testing information, headroom, amendments, waivers and related developments.

Where maturity information is available, Fontavis can help users analyze upcoming debt maturities across borrowers, facilities, funds and portfolios.

Yes. Lender intelligence is designed to help users understand lending activity, borrower relationships, sector exposure, geographic activity, instrument preferences and relevant financing history.

Yes. Fontavis is designed to connect managers and funds with available strategy, portfolio, fundraising, performance and underlying borrower information.

Where holdings information is available, Fontavis can support portfolio look-through from manager and fund level to underlying borrowers and facilities.

Fontavis Monitor™ is designed to help teams organize portfolio information and follow relevant borrower, facility, covenant, maturity and credit developments.

Yes. Fontavis Research is designed to combine market intelligence with analysis of private-credit conditions, strategies, managers, borrowers and investment themes.

Where available under the relevant Fontavis service level, research specialists can support targeted questions involving borrowers, deals, managers, lenders, sectors, maturities, comparable credits and broader private-credit markets.

See the borrower, the deal and the portfolio in context.

Research private credit from manager and fund level down to underlying borrowers, facilities, terms and market conditions. Bring deal intelligence, portfolio monitoring, market research and expert guidance into one connected private-credit research environment.

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