LBO Debt Coverage·PIK / OID Structures·Covenant Packages·Unitranche vs. First Lien·Credit Memo Format·DSCR Analysis·Mezzanine Returns·Direct Lending·Recovery Analysis·Net IRR·Leverage Multiples·Sponsor Dynamics·Downside Protection·Deal Sourcing·Intercreditor Agreements·EBITDA Add-backs·LBO Debt Coverage·PIK / OID Structures·Covenant Packages·Unitranche vs. First Lien·Credit Memo Format·DSCR Analysis·Mezzanine Returns·Direct Lending·Recovery Analysis·Net IRR·Leverage Multiples·Sponsor Dynamics·Downside Protection·Deal Sourcing·Intercreditor Agreements·EBITDA Add-backs·

Private Credit Prep

Ace your private
credit interview.

Lender-first private credit interview prep for candidates targeting direct lending and broader private debt roles. Start with the Free Credit Investment Memo Framework, then move to the Interview Guide when you want the full prep stack.

Our students got offers from

Ares ManagementBlue Owl CapitalApollo GlobalBlackstone CreditKKR CreditGolub CapitalHPS Investment PartnersOaktree CapitalCarlyleCVC CreditTikehau CapitalArdianEurazeoCAPZAMV CreditAres ManagementBlue Owl CapitalApollo GlobalBlackstone CreditKKR CreditGolub CapitalHPS Investment PartnersOaktree CapitalCarlyleCVC CreditTikehau CapitalArdianEurazeoCAPZAMV Credit

Key Interview Angles

Three lender-first distinctions worth being able to explain under pressure.

Business vs. credit

A good business is not automatically a good credit. The real test is what happens to cash flow and debt service in a softer case.

Docs matter

Leakage, permissive baskets, and loose guardrails can weaken lender protection long before the numbers look broken.

Spread is not the thesis

Higher coupon only helps if coverage still works and the borrower can refinance from a position of strength.

How to say it

I care less about headline spread than whether cash flow, structure, and documentation still protect the lender when the plan slips.

Get these lender-first interview angles by email.

One market angle. One interview answer. One deal worth knowing. One prep move. No pseudo-data. No noise.

Interview Guide

One-time · $197

Private Credit Interview Guide

$197

One-time · Instant access · Built for private credit interview pressure.

  • 80 interview questionsIncluded
  • Case-study drillsIncluded
  • Capital structure cheat sheetsIncluded
  • Credit investment memo frameworkIncluded
  • Night-before review sheetIncluded
See the Interview Guide

Questions? Email support

Questions before buying? See the FAQ below or email support.

More FAQs →

Weekly on LinkedIn

Private credit interview notes, deal angles, and lender-first phrasing on LinkedIn.

LinkedIn

FAQ

Who is this for?

Candidates targeting private credit, direct lending, special situations, or broader private debt roles who need sharper answers and cleaner case-study judgment.

How long does it take to go through?

A focused pass takes a few hours. You can also use it selectively the week of your interviews or the night before a loop.

Is this a generic finance course?

No. PCP is interview-first and lender-first. The point is not to relearn finance 101. The point is to sound specific when the room starts pressing on downside, structure, and documentation.

How do I get access?

Instantly. The Interview Guide is delivered digitally through Gumroad as soon as you check out.

Is this a subscription?

No. One-time purchase at $197. Instant, permanent access — no recurring fees.

Private Credit Prep

Walk into your interview
sounding like you belong there.

Start with the Free Credit Investment Memo Framework. Move to the Interview Guide when you want the full prep stack.

See the Interview Guide