The AI Credit Risk Model
for Private Credit
Your GP marks the portfolio. Who checks?
Bletchley chains together vulnerabilities in private credit loans. One red flag is noise. Three chained together is a signal. We scan 95,000 loans across 150 public BDCs for the chains your GP isn't showing you.
The Private Credit Transparency Gap
Marks Are Subjective
GPs mark their own books. Without independent verification, LPs have no way to validate if a 98% mark reflects reality or optimism.
Problems Surface Late
By the time a position shows up in quarterly reporting as impaired, the damage is done. Early warning signals exist but aren't being captured.
No Cross-Reference
When multiple BDCs hold the same borrower, their marks can differ by 10%+. That divergence is valuable information you're not seeing.
Institutional-Grade Portfolio Intelligence
We cross-reference your holdings against the full universe of public BDC filings, apply 35 validated early warning patterns, and generate AI-powered credit assessments.
📈 Cross-Lender Intelligence
Cross-reference every position against 95,000 loans held by 150 publicly traded BDCs, scanning for 35 validated distress patterns.
- › Fuzzy name matching finds your borrowers
- › See how other managers mark the same credit
- › Flag divergences greater than 3 points
⚡ Bletchley Analysis
We tested 9,493 hypotheses against 10 years of real loan data. 35 survived. We call them vulnerability chains — combinations of distress signals that individually mean nothing, but together predict default.
- › Covenant cushion erosion detection
- › EBITDA margin compression tracking
- › Liquidity deterioration signals
🤖 AI Credit Assessment
Claude-powered analysis generates institutional-quality written opinions for each position, citing specific evidence and data sources.
- › Independent valuation estimate range
- › Evidence-based rationale
- › Clear recommendation per position
📊 Sector Intelligence
Contextualize each position against sector-level health metrics from the full BDC universe.
- › Average sector marks
- › Distressed position counts
- › Sector trend analysis
Simple, Transparent Pricing
Independent credit intelligence for private credit investors.
Sample Loan Report
- ✓ Full Bletchley score breakdown
- ✓ Cross-lender mark comparison
- ✓ AI credit commentary
- ✓ PDF download
League Table
- ✓ All 150 public BDCs ranked
- ✓ Distress score methodology
- ✓ Non-accrual trends
- ✓ Updated quarterly
Fund Health Report
- ✓ 5 individual loan reports
- ✓ Full cross-lender mark comparison per loan
- ✓ AI credit memo per report
- ✓ Reports never expire
LP & Family Office
- ✓ 50 reports per month included
- ✓ Top up with credits from $7/scan — never expire
- ✓ Re-run quarterly with new BDC data
- ✓ 30-minute onboarding call + named account manager
Institutions
- ✓ Unlimited portfolios
- ✓ API access
- ✓ Automated credit memos
- ✓ Custom integrations