A credit professional's time is worth more than document organization. This workflow converts a raw data room into a structured diligence package that a decision-maker can trust and use quickly.
Junior time goes into pulling together sources that were never designed to line up. Decks, executed agreements, financial models, and filings all use different definitions and formats. Reconciling them manually takes hours before any analysis starts.
When documents disagree — and they almost always do on something — someone has to determine which controls. Sponsors define EBITDA addbacks differently in the deck than in the credit agreement. That distinction matters before you size the position.
Even after junior work is done, a senior person still reads the deal from scratch. Not because the work was bad — because the output was not organized around how credit decisions actually get made. The re-check is structural, not a quality failure.
Decks, executed credit agreements, financial models, filings, and internal memos. All sources go in — not just the ones that are easy to parse.
Executed documents control. Decks and management presentations are framing. The workflow applies that hierarchy consistently, not just when the conflict is obvious.
Financial metrics, covenant terms, and defined terms are extracted across documents and compared. Conflicts are flagged — not buried. EBITDA in the deck versus EBITDA in the credit agreement, surfaced explicitly.
The result is organized around how credit decisions actually get made — not the order the documents arrived in. What to check first. What looks off. What the investment committee needs to see.
The structured output matched what the arranger memo said. It also caught discrepancies the deck had papered over.
Specifically: the EBITDA addbacks described in the investor presentation were more favorable than those permitted under the executed credit agreement. The deck framing was optimistic. The credit agreement was not. That kind of discrepancy disappears in manual assembly — it becomes visible when the system knows which source controls.
This workflow can be adapted to your deal flow, document types, and credit standards. The setup takes a conversation, not a procurement cycle.
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