§ The four sections that earn the report
Where COREView differs from a market-research report.
Most industry reports explain the market. COREView frames the credit decision: lendability, structure, covenants, watchpoints, and post-close monitoring.
02
Credit & Lending Summary
The first read for a credit analyst: industry risk, lending posture, and the terms to consider before opening the memo.
- Credit risk classification with justification
- Lifecycle and credit-cycle position with evidence
- DSCR, leverage, interest coverage, and working-capital ranges
- Typical loan structures, terms, collateral, and advance rates
- Top underwriting watchpoints and key success factors
10
Credit & Financial Profile
The quantitative section that maps directly to spread review, covenant design, and credit-committee discussion.
- Cost structure and revenue segmentation
- Strong / Acceptable / Watch thresholds for core credit metrics
- DSCR, fixed-charge coverage, and working-capital cycle ranges
- Multi-variable stress scenarios tied to covenant breach risk
- Recommended covenant levels transferable to the memo
11
Industry Risk Ratings
A 10-dimension risk score built for credit review, not a subjective Low / Medium / High graphic.
- Revenue volatility, margin stability, and capital intensity
- Competitive intensity, regulatory burden, and cyclicality
- Technology, concentration, supply-chain, and labor sensitivity
- Weighted composite score on a severity-banded chart
12
Diligence Questions & Considerations
The questions a lender should ask before approving, sizing, or monitoring an exposure in the sector.
- Revenue quality, margin durability, and DSCR history
- Debt history, covenant compliance, and prior restructurings
- Capacity, key person risk, customer concentration, and pricing power
- Regulatory exposure and industry-specific watchpoints
- Monitoring triggers for post-close portfolio review