How to Discuss Covenants in a Private Credit Interview
Apr 01, 2026
Learn how to explain maintenance vs incurrence covenants, headroom, leakage, and enforcement in a private credit interview — with a lender-first framework and a ready-to-use answer.
2 articles in this category.
Apr 01, 2026
Learn how to explain maintenance vs incurrence covenants, headroom, leakage, and enforcement in a private credit interview — with a lender-first framework and a ready-to-use answer.
Mar 26, 2026
Leakage, permissive baskets, and loose documentation can weaken a credit long before the numbers break. Learn what private credit interviewers test on documentation risk — and how to answer.