Technical Training
12-Week Credit Curriculum
Our technical training track is designed to move members from credit fundamentals to underwriting, structure, documentation, and special situations with a clear progression of deliverables.
Weeks 1 - 2
Introduction to Private Credit
Direct lending mechanics, market participants, how lenders get paid, and how lenders lose money.
Weeks 3 - 6
Underwriting Foundations
Business model risk, quality of earnings, cash flow vs. EBITDA, leverage, coverage, debt sizing, and sources and uses.
Weeks 7 - 8
Structure and Protections
Security, collateral, covenants, baskets, EBITDA addbacks, and reporting mechanics.
Week 9
Sponsor Finance
Sponsor behavior, equity cushion, value creation plans, and add-on acquisitions.
Weeks 10 - 11
Stressed and Distressed Situations
Liquidity pressure, valuation stress, recovery drivers, and intercreditor dynamics.
Week 12
Restructuring & Special Situations
Rescue financings, amend-and-extend, priming, liability management, and process basics.
Training Philosophy
Built around lender-style outputs
The goal is not passive exposure. Members build practical reps through risk memos, covenant work, underwriting exercises, downside framing, and committee-style decision making.