01
A lending policy readers can follow
Put the eligibility and underwriting inputs beside the borrower and collateral narrative.
- Origination criteria
- Collateral and borrower profiles
- Term ranges and credit standards
Private credit PPM software
Explain your lending strategy in a private credit PPM.
Define the borrowers, collateral, underwriting standards, and portfolio limits. Turn the lending policy and offering terms into a structured draft for fund counsel.
No card required. Export one offering for $29, or unlimited drafts and exports for $49/month while Pro is active.
Drafting software. Attorney review required before issuance. Legal and filing costs are separate.
Open a full fictional PPM sample
Illustrative draft inputs
Cardinal Bridge Capital Fund II
Target raise
$40M
Minimum commitment
$250K
Your terms become an editable draft for counsel review.
Image and sample offering are illustrative.
Questions that fit your deal
Asset-specific inputs and editable narrative sections.
See the draft as you go
A connected on-screen preview before you pay.
Give counsel a working file
Paid Word and PDF exports for review and revision.
Try a few inputs
See how your deal takes shape on the page.
Change the example terms and watch the draft update. This simplified illustration shows the input-to-document workflow. Open the full demo to explore more of the actual workspace.
- 1
Set the origination policy
Describe the borrowers, collateral, lending terms, and underwriting standards.
- 2
Define portfolio limits
Record the concentration guardrails that shape the proposed loan book.
- 3
Describe the target mix
Show the intended lending positions and rate exposure in the draft.
PPMWizard workspace
Simplified interactive illustration
Try your terms
Change a term to update the draft excerpt and budget amounts. These demo edits stay on this page.
Draft excerpt
Updates as you typePrivate Credit · Private placement memorandum
Cardinal Bridge Capital Fund II
The proposed offering targets $40,000,000 in commitments, with a minimum investment of $250,000. Final terms and disclosures require issuer and counsel review.
Target raise
$40,000,000
Minimum investment
$250,000
Private Credit · Private placement memorandum
Cardinal Bridge Capital Fund II
This illustrative budget allocates the $40,000,000 target across lending capital, reserves, and offering expenses. Adjust reserves below to see the composition change.
Private Credit · Private placement memorandum
Cardinal Bridge Capital Fund II
Example topics for Cardinal Bridge Capital Fund II. Select, revise, and add disclosures with counsel for the actual offering.
- Borrower default and recovery
- Collateral and concentration
- Illiquidity and loss of capital
Illustrative topics only. This is not a complete risk assessment.
- Lending capital · 80%
- $32,000,000
- Reserves · 15%
- $6,000,000
- Offering expenses · 5%
- $2,000,000
Illustrative budget inputs, not a return model or forecast. Edit the reserve percentage in Use of proceeds.
Nothing is saved or submitted. Attorney review required before issuance.
Read the full fictional sampleInside the private credit workflow
The right questions, with room for the details.
02
Portfolio construction made explicit
Record the proposed loan mix and constraints rather than relying on a broad strategy label.
- Borrower and geographic concentration
- Debt-position composition
- Coupon and maturity assumptions
03
Disclosure beyond the coupon
Pair the yield objective with the risks, fees, governance, and distribution terms that need review.
- Credit and collateral risk topics
- Fees, conflicts, and use of proceeds
- Custom servicing and covenant disclosures
Make the numbers easier to review
Separate fund commitments from the credit facility
The Cardinal Bridge sample distinguishes proposed LP and GP commitments from its subscription-facility credit line.
Structured inputs organize the financial narrative. This chart illustrates sample inputs, rather than a built-in investment-performance forecast. Deal-specific models and calculations need separate validation.
Read the source sample- LP commitments$40M
- GP commitment$1M
- Subscription facility$14M
Fictional sample, $55M proposed capitalization. A facility amount is not cash collected, loan deployment, or investor performance.
The details, when you need them
What this starting point covers.
Review the workflow, fit, and boundaries with your team. Your attorney determines the final disclosure and document scope.
Browse the help centerWhat this PPM covers
The private-credit framework follows the standard PPM skeleton and adds structured inputs for borrower and collateral profiles, underwriting standards, concentration limits, and target portfolio composition. Its suggested risk library includes borrower default, collateral recovery, concentration, loan liquidity, and rate risk; no risk is selected automatically.
PPMWizard does not calculate portfolio yield, target net IRR, or default-and-recovery sensitivities. Those analyses should be prepared and validated separately, while specialized covenants, servicing terms, and exceptions belong in the relevant narrative section or custom risks and require counsel review.
When to use this framework
Use it for a direct-lending fund, a commercial real-estate bridge-debt program, a specialty-finance vehicle, a venture-debt sleeve, or a single-loan SPV. The PPM disclosure is separate from the underlying loan documents.
If the thesis is primarily equity with debt mixed in opportunistically, compare the real-estate or business-acquisition workflow. The private-credit framework is designed for offerings whose expected return is primarily yield.
Illustrative structure questions
A private-credit vehicle may use an LP or LLC, charge a management fee, and allocate returns through a preferred return or carried-interest structure. Single-loan SPVs and discretionary funds require different concentration, deployment, and governance disclosure. Counsel must reconcile the fee, distribution, lending, and governing terms across the document set.
Open the output
Read a full draft before you start yours.
Fictional examples you can open without an account. Explore the layout, deal terms, disclosures, and supporting sections.
Start with your deal
You have the terms.
Give them a working draft.
Draft and preview up to three offerings free. Add detail at your pace, then unlock exports when you are ready for counsel review.
One offering
Export package and later revisions to that offering.
$29once
Pro monthly
Unlimited drafts and supported exports while active.
$49/mo
USD software prices. Counsel, filing fees, other vendor charges, and any applicable taxes are separate.
A few practical questions
Before you start.
Can I use the workflow for a single-loan SPV?
Yes. The workflow can organize the lender, collateral, origination, concentration, and offering disclosures for a single-loan vehicle as well as a fund. Counsel must adapt the document to the actual structure and loan documents.
Does it calculate portfolio yield or default sensitivities?
No. Portfolio-yield, net-IRR, default, and recovery models should be prepared and validated separately. PPMWizard captures supplied assumptions and disclosure inputs without validating credit performance.
Does the PPM replace the underlying loan documents?
No. The PPM describes the investor offering. Loan agreements, security documents, covenants, servicing arrangements, and enforcement provisions require separate drafting and review.