AI for Venture Debt/Private Credit
Test repayment logic, model covenant risk, and stress test growth plans—directly inside Excel.
Drift helps lenders move beyond surface-level underwriting. Upload borrower models, board decks, and loan docs, and Drift will map the growth narrative to cash flow, forecast covenant compliance, and test capital structure under real-world stress.
Whether you’re screening a new credit or managing an active portfolio, Drift helps you pressure-test assumptions, validate repayment capacity, and identify breach risk—before it shows up in the numbers.
Use it to:
Whether you’re screening a new credit or managing an active portfolio, Drift helps you pressure-test assumptions, validate repayment capacity, and identify breach risk—before it shows up in the numbers.
01
Calculate debt capacity
based on historical EBITDA, free cash flow, and lender-specific thresholds.
02
Verify covenant
compliance using DSCR, leverage, or liquidity terms extracted directly from loan docs.
03
Test downside cases
by applying revenue, margin, or hiring stress and re-running serviceability metrics.
04
Spot distress signals
by surfacing disconnects between projected growth and modeled cost structure.
05
Track risk across
materials by aligning board deck targets with financial model & loan agreement terms.
Example Use Cases
Covenant Sensitivity vs. Hiring
Upload the board deck, model, and the loan docs. Drift extracts the headcount and hiring plan from the deck, then models the impact of that growth on OpEx, DSCR, and other covenants.
"Compare the hiring plan in the board deck to the model's prior salary and OpEx levels. Estimate the implied YoY increase in personnel cost. Then assess whether covenant compliance is likely to be at risk, assuming revenue growth stays flat.”
Debt Capacity vs. Ask
Upload the Excel model and the 2014 board deck. Drift calculates the borrower’s realistic debt capacity using 2013 EBITDA, cash flow, and leverage limits—then compares it to the capital raise target in the deck. It flags overreach, stress points, and whether the ask is grounded in performance or built on projection.
“Estimate how much debt this company can support based on 2013 actuals. Compare that to the 2014 €3MM raise target in the board deck. Flag any gaps between modeled capacity and capital ask.”
