Levocred is an AI workforce for lenders that automates underwriting, portfolio monitoring, compliance, and back-office reporting. It targets credit funds, fintech lenders, and commercial banks.
Users upload a loan tape and a credit agreement. Levocred returns a cited Investment Committee (IC) memo draft, with every figure tied to its source.
For reporting, it recomputes and tests compliance certificates so they are ready for CFO signature. For monitoring, teams ask questions about their loan book in Slack and get sourced answers in about a minute.
The company says $1Bn+ runs through the platform and cites Y Combinator backing. Its pitch is scaling with tokens rather than headcount.
Pricing
Levocred does not publish plan names, prices, or usage tiers. The site mentions scaling with tokens rather than headcount, but gives no token rates. Pricing is discussed through a 20-minute demo call or by emailing the founders. Seat limits and volume caps are not disclosed.
* Disclaimer: Please note that pricing information may not be up to date. For the most accurate and current pricing details, refer to the official website.
Key Features
- ✓
Cited IC memo drafts from loan tape and credit agreement
- ✓
Borrowing base calculation across thousands of tape rows
- ✓
Eligibility tests and obligor concentration cap exclusions
- ✓
Compliance certificate recomputation and testing for CFO signature
- ✓
Slack queries returning sourced answers within a minute
Use Cases
Credit Fund Deal Memos
Analysts synthesize loan tapes and dense credit agreements into IC memos. Levocred drafts the memo with citations, so reviewers check figures against source documents instead of writing from scratch.
Fintech Book Questions
Operations teams need quick answers about portfolio status. They ask in Slack and receive sourced replies, without parsing spreadsheets or running SQL queries.
Bank Covenant Reporting
Lending desks test borrowing bases and rebuild compliance certificates on a recurring basis. Levocred recomputes and tests the certificate, leaving a signature-ready document for the CFO.
Borrowing Base Verification
The sample workflow processes a 4,182-row tape. It ties gross receivables, applies 12 eligibility tests, flags an obligor over a 10% cap, and confirms an 85% advance rate.
Scaling Without Hiring
Growing lenders often add analysts as deal volume rises. Levocred positions its AI workforce as a way to absorb routine workload through software tokens instead.
Strengths & Weaknesses
Strengths
Built specifically for lending workflows rather than generic document processing.
Outputs carry citations and calculation breakdowns that reviewers can verify.
The company reports $1Bn+ running through the platform in production.
A public sample borrowing base workflow lets buyers test before a demo.
Backed by Y Combinator, with a published case study from Pier Asset Management.
Weaknesses
Pricing, plans, and trial terms are not published anywhere on the site.
Custom workflows require booking a demo or emailing the founders.
Slack is the only integration named on the public site.
Security certifications such as SOC 2 are not listed on the homepage.
Who Is This For?
Credit funds: investment teams that want faster, cited IC memo drafts and portfolio compliance checks.
Fintech lenders: growing companies that want to scale back-office work without matching headcount growth.
Commercial banks: lending desks that manage borrowing bases and covenant certificates.
COOs and CCOs: leaders who own efficiency, risk management, and audit readiness in lending firms.
Frequently Asked Questions
What inputs does Levocred need for underwriting?
It takes a loan tape and a credit agreement. From these it produces an IC memo draft with cited figures.
How does portfolio monitoring work?
You ask a question about your loan book in Slack. Levocred replies with sources, typically within a minute.
What does the compliance workflow produce?
It recomputes and tests the compliance certificate. The result is ready for CFO signature.
Which borrowing base checks are shown in the demo?
The sample ties gross receivables, applies 12 eligibility tests, and excludes obligors over a 10% cap. It also confirms the advance rate against a credit agreement clause.
Can I test Levocred before booking a call?
The website offers a sample borrowing base workflow you can run yourself. A formal trial is not described.
How do I get a custom workflow?
Book a 20-minute demo or email founders@levocred.com. The team configures workflows around your documents and desk.
Which lenders is the platform designed for?
The site lets visitors pick a desk: credit fund, fintech, or bank. It does not list other lender types.
What proof of production use does Levocred give?
It states that $1Bn+ runs through the platform. It also links a case study with Pier Asset Management.
Does Levocred publish security or API documentation?
The homepage lists no security certifications or API references. Ask the team directly during a demo.
Slack is the only integration listed publicly. It lets users ask questions about their loan book and receive sourced answers. No other public integrations are currently available.