SERVICES
Private-credit operations connected from facility terms to fund reporting.
Structure loan data, recurring servicing, agency coordination, covenant monitoring and credit operations around a complete source-linked facility record.
Overview
Private credit combines fund-level administration with asset-level loan operations. Every facility has bespoke documents, rates, fees, principal events, covenants, notices and cashflows that must stay aligned with the fund accounting record.
We support the operating layer between the investment team, borrowers, agents, administrators and other providers—without blurring formal lender, agent or legal responsibilities.
The operating challenges we address
- Loan terms remain trapped in documents and spreadsheets.
- Interest, fees, principal and amendments are re-keyed across systems.
- Borrower and agent notices are not connected to fund records.
- Covenants, borrowing bases and CLO requirements create specialised recurring work.
- Loan and fund records diverge as portfolios scale.
Capabilities
How the service works
| Step | Operating activity |
|---|---|
| 1 | Onboard executed loan documents and build the facility record. |
| 2 | Validate economic terms, schedules, ownership and provider data. |
| 3 | Process recurring events, notices, amendments and cash movements. |
| 4 | Reconcile loan, agent, bank and fund-accounting records. |
| 5 | Escalate covenant, data and payment exceptions and publish approved asset-level data to fund reporting. |
Technology & expertise
We combine controlled workflow technology with specialist operating knowledge. Expert judgement defines the rules, review criteria and exceptions; the technology layer connects data, automates repeatable processing, preserves evidence and routes issues to the right owner.
Core operating elements
- Financial AI Harness for workflow orchestration, tools, context and escalation.
- Specialist skills for the domain-specific work inside this service pillar.
- Approved data and system integrations rather than an unnecessary rip-and-replace model.
- Rules, validation, exception thresholds, permissions and audit trail.
- Expert review for judgement-sensitive and material items.
Who this is for
Most relevant to Direct Lending, Private Debt, Specialty Finance, Real Estate Debt, Infrastructure Debt and CLO / structured-credit managers.
Delivery models
| Model | Description |
|---|---|
| Managed Operations | We execute the agreed recurring workflow while client and appointed-provider approvals remain explicit. |
| Technology Enablement | We implement the data, workflow and control layer for the client team to operate. |
| Hybrid / Co-sourced | Execution and review are shared through a documented responsibility and escalation model. |
| Transition & Implementation | We mobilise the operating model during a launch, provider change or transformation. |
Responsibility and control
Our service architecture is designed to preserve formal responsibility boundaries. Where a regulated, fiduciary, legal, tax, audit, banking, custody, agency or investment-management role belongs to the client or an appointed provider, that responsibility remains explicit. Kelton operates the agreed workflow, technology, data and specialist-support layer within the documented mandate.
Discuss Private Credit & Loan Services
Start with one operating problem or one workflow. We will map the current process, the data and provider dependencies, the control model and a practical first engagement.