Credit
Operations

A broad suite of middle office services for credit managers

Overview

Our Credit
Operations Services

Petra’s credit operations compliments the fund administration offering and provides support to private credit managers of all sizes and strategies. This includes a flexible approach to credit middle office operations, loan agency and monitoring services, as well as other pre and post execution support.

Credit Middle Office
Operations

Petra provides a flexible suite of traditional credit operations services, including booking, settlement, and portfolio management solution needs, often assisting with liquidity and borrowing base management, valuation process support and operational risk process oversight.

Loan Administration
Services

Petra supports investment managers by validating payments, accruals, and complex loan terms against notices, while also tracking trading activity, assignments, and closings across platforms. Our systems are built to handle delayed draws, new tranches, and revolver activity, and seamlessly account for rate elections, step-ups, and other loan activity.

Loan Agency and
Settlement Services

Petra Assist managers in notice creation, interest and principal calculation validation and review of cash payments. In addition, Petra can support syndications, settlements and streamline of borrower / lender communication.

Credit Loan
Monitoring Needs

Petra supports managers in tracking and reviewing reporting needs as well as key terms of the credit agreement at entry and on a go forward basis. This can include covenant monitoring, borrower forecasting and other investor requests.

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