4 articles in this category.
Mar 25, 2026
Debt sizing is one of the most tested technicals in private credit interviews. Learn the three-constraint framework lenders use — leverage, coverage, and liquidity — with a ready-to-use answer.
Mar 22, 2026
Working capital is where cash quietly disappears — or appears. Learn how private credit lenders analyze DSO, DPO, inventory cycles, and seasonal swings to assess real cash flow risk.
Mar 21, 2026
PIK interest is rising across private credit. Learn how payment-in-kind works, when it helps the lender, when it is a red flag, and how to discuss it in a private credit interview.
Mar 19, 2026
Direct lending vs syndicated lending is a common private credit interview question. Learn the structural, documentation, and process differences — and how to explain why it matters for the lender.