Loan Agency
Our Agency Services offering is positioned at the ideal intersection of depth of expertise and scale of service, providing the perfect platform for your loan agency needs and fund operations.
Why Alter Domus for Loan Agency?
Market forces drive challenges for lenders in the private credit, direct lender, and broadly syndicated loan (“BSL”) market to efficiently carry out their operational and back-office functions, especially when technology is everchanging and subject matter expertise is fragmented. Alter Domus helps you overcome those challenges through deep sector knowledge acquired over multiple full market cycles, with a proprietary platform that makes transaction management, communications, and portfolio management efficient and seamless.
How can we serve as your loan agent?
Administrative agent
As lead administrative agent, or a named agent, we can fully represent you on any loan and in all associated documents. Under the lead administrative agent role, we handle all loan agent responsibilities from your position as the lender.
Sub agent
Under a sub agent role, we let you take the lead role in the loan agency process listed as the lead agent on your own deals. Meanwhile, we take over behind-the-scenes responsibilities including payment distribution, managing interest rates, and beyond.
Successor agent
As successor agent, we step in to provide a seamless transition for the Borrower and the Lenders on transactions where the administrative agent resigns or is removed. Under proceedings such as bankruptcies and restructurings, we serve as a neutral party and work with the designated professional to maximize recovery for our clients from the fallen deal no matter where they sit in the capital structure.
Loan Agency tasks our teams can handle
- Document review and onboarding
- Primary closing, receipt of funds, deal closing
- Borrower and lender communication
- Agency notices: rate resets, margin changes, loan activity
- Registrar of secondary loan trades
- Oversight of covenant compliance, required reports, financials, certificates
- Amendment support and voting
What kind of deals do we support?
- Broadly syndicated and middle market
- Club deals and bi-lateral
- Commercial and industrial loans
- Distressed and restructuring
- Fund finance
- New origination and refinancing
- Payment in kind (PIK)
- Project finance
- Term and delayed draw and revolver
Our Loan Agency Technology
From loan servicing to accounting, Alter Domus’ selection of SaaS and proprietary technology are purpose-built for the credit space and meticulously maintained by our in-house tech teams.
CorPro serves as our secure web portal allowing you to access fund and asset-level financial data and distribute all communications and reporting to investors through a secure, customizable application.
Agency360 is Alter Domus’ proprietary platform purpose-built for our teams to perform all Loan Agency services. From calculations to notice preparation to payment processing and tax reporting, our service teams rely on Agency360 as their single source of data and operations. All activities and reporting are fed from Agency360 into Agency CorPro, your dedicated portal for any loan agency data needs.
Get in touch with our team
Contact us today to learn more about Alter Domus’ Agency Services.
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