Credit Analysis

3 articles in this category.

What Makes a Good Credit vs a Good Business — And Why Lenders Care About the Difference

Mar 30, 2026

The most common mistake in private credit interviews: confusing a good business with a good credit. Learn the lender-first framework that separates the two — with a ready-to-use answer.

Cash Flow Analysis for Private Credit: What Lenders Actually Look At

Mar 29, 2026

EBITDA is where equity stops and lending starts. Learn how private credit lenders analyze cash conversion, addbacks, working capital, and maintenance capex — with interview-ready frameworks.

Recovery Analysis: How Lenders Think About What Happens When a Deal Goes Wrong

Mar 23, 2026

Recovery analysis is the final layer of credit assessment — and one most candidates skip. Learn how private credit lenders estimate recovery through enterprise value, collateral, and waterfall analysis.