The AI Credit Risk Model
for Private Credit
Bletchley chains together vulnerabilities in private credit loans. One red flag is noise. Three chained together is a signal. We scan 24,730 loans across 24 lenders 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.
📈 PAR Database
Cross-reference every position against 24,730 holdings from 24 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%
⚡ 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
25% Off For Life
Join as a founding member and lock in 25% off all pricing — forever. Limited to our first 25 clients.
Simple, Transparent Pricing
Independent credit intelligence for private credit investors.
Single Report
- ✓ AI credit assessment
- ✓ Cross-lender mark comparison
- ✓ Vulnerability chain analysis
- ✓ Sector health context
- ✓ PDF download
LP & Family Office
- ✓ Everything in Single Report
- ✓ Unlimited searches
- ✓ Full portfolio analysis
- ✓ 30-minute onboarding call
- ✓ Named account manager
Enterprise
- ✓ Unlimited portfolios
- ✓ API access
- ✓ Automated credit memos
- ✓ Custom integrations
- ✓ Dedicated support
Check Your Portfolio Now
Upload your positions or try our free demo to see Bletchley in action.
Try our free demo — see what a portfolio health check looks like on real BDC data
Analyze a sample 20-position portfolio worth $47M against 24 public BDCs. No signup required.
Drop your portfolio file here
CSV or Excel with columns: Company, Sector, Mark (% of Par), Value ($M)
Full portfolio analysis: $1,000 — includes cross-lender marks, Bletchley analysis, and AI assessments for all positions.