With Insight for Credit, you can leverage AI to easily understand and compare your credit agreements, track upcoming deliverables, and proactively deliver on commitments to lenders all in one place. 

Continue reading to learn about the key features available for credit agreements and show how you can visualize your covenants, compare key terms, find your commonly negotiated provisions, and much more.

View Credit Documents

In the left-hand navigation, under Insight, open the Credit Documents page.

This page contains a centralized repository of all your agreements. Each document will show the fund it’s from, the contractual relationship, effective date, and last modified date, as well as provide access to the full original document.   

Term Comparison 

Leverage the Compare feature to instantly spot trends, outliers, and variations among key provisions across your credit facilities. 

1. On the Credit Documents page, use the checkboxes next to documents to select them, and click Compare
   
2. View summarized terms (generated by our AI with human-in-the-loop review) across the selected documents. References to an amended document are denoted with an "Amendment [#]" badge. 
   
3. Click Export to download a grid comparison of all terms
   
4. Click View Summary to review a set of summarized terms for an individual document 
   
   1. Click Edit Summary if you need to overwrite an individual data point 
   2. Click any of the hyperlinked text in the summarized answer to review the exact document reference text on the right-hand side of the screen 
      

Amendments for Credit

Insight recognizes when a credit agreement has been amended. Upload your original agreement and each amendment, and Insight will generate a summary that reflects the current state of the deal by incorporating the latest changes. You'll also be able to see the full document history all in one place nested together on the Credit Documents page. 

Digital Repository

View Obligations

Affirmative, negative, and financial covenants as well as events of default will be abstracted by our AI and human-in-the-loop review team and consolidated on the Obligations dashboard for broad visibility.

1. In the left-hand navigation, open the Obligations dashboard
2. Search and/or use the available filters to find specific obligations
   1. Use keyword search
   2. Set the available filters (Investing Party, Contractual Relationship, Fund, Document Type, and More Filters) 
   3. Use the Category drop-down to locate covenants under the Compliance category 
      
3. Click an obligation to view more details such as the Description, Activity log, and source language
4. Click any hyperlinked text under Document References to navigate to the source language in the document
   

SmartLine Obligations

Use SmartLine to group and redline differences against a base provision. 

1. Follow the guidance above to view and filter for specific obligations 
2. Once located, check the boxes next to the obligations to be compared 
3. Click Bulk Actions and select SmartLine™ 
4. Check the Select all box
5. Choose a provision to Set as Base and compare against 

Covenant Compliance

Track lender commitments with structured tasks to deliver on affirmative and financial obligations. Identify default triggers and manage next steps required for compliance across your entire portfolio.

View and Filter 

1. In the left-hand navigation, open the Obligations dashboard
2. Open the Tasks tab
3. Adjust/apply any filters
   1. Click More Filters to narrow down Document Type to Credit Agreement and Credit Term Sheet, then View Results
4. Review the filtered list of tasks
5. Assign and manage Tasks to completion

Real-time Compliance Status Report 

1. Follow the steps above to view and filter Tasks as needed 
2. Click Download All to receive an .xlsx summary of your obligations to prepare for upcoming lender or compliance conversations.