Tenor Digital provides loan management software that automates the collection and organization of loan events for non-bank lenders and service providers, enabling efficient monitoring of portfolio health and risk. The platform supports complex loan structures and real-time data analysis, streamlining operations and enhancing decision-making in the private credit market.
Funding
Funding not disclosed
Founders
Product
Problem
Private credit lenders and service providers face challenges in efficiently managing and monitoring complex loan portfolios due to unstructured loan data scattered across emails, PDFs, and various documents. This often leads to manual inefficiencies, increased operational overhead, and delayed insights into portfolio health and risk.
Solution
Tenor Digital offers an AI-powered loan management platform that automates the collection, organization, and analysis of loan data for non-bank lenders and service providers. The platform streamlines loan event management, dynamically generates loan schedules, and provides real-time reference and FX rates. By leveraging AI for data extraction and workflow automation, Tenor enables users to monitor portfolio performance, preempt potential risks, and gain insights through real-time calculations and reporting. The platform's API-first architecture facilitates seamless integration with existing technology ecosystems, empowering firms to scale their debt portfolios efficiently.
Target Audience
Tenor Digital is designed for direct lenders, specialty finance firms, fund and loan administrators, and loan agents in the private credit market.
Features
- AI-powered data extraction from unstructured loan documents (emails, PDFs, loan agreements)
- Automated loan event management, including notifications for rate resets, covenants, and payments
- Dynamic generation of complex loan schedules
- Real-time calculation of portfolio performance and risk metrics
- Scenario analysis to simulate the impact of various events on individual loans or the entire portfolio
- Streamlined data management for borrower financials and covenant monitoring
- Seamless integration with accounting systems via API
- Integrated tools for communication and reporting