Private Credit Term Sheet Template

In today’s market, private credit has become an increasingly important source of financing for growing companies. Rather than raising capital through public debt or equity markets, many businesses are turning to private lenders — funds, family offices, and specialized firms — to access more flexible, negotiated loans tailored to their specific needs.

Private credit transactions can fund growth initiatives, refinance existing obligations, or bridge a company to its next major milestone. Because these deals are privately negotiated, having a clear and detailed term sheet is critical: it sets the foundation for the legal documents that follow, and ensures both borrower and lender are aligned from the start.

To make that process easier, we’ve created a Private Credit Term Sheet Template you can download and customize. It covers the key terms typically included in a private credit facility, such as:

Loan Amount and Purpose: How much capital the borrower is seeking, and how it will be used

Interest Rate and Fees: Standard charges like origination fees, interest payments, and prepayment penalties

Collateral and Security: What assets the lender will have rights to if things don’t go as planned

Financial Covenants: Minimum financial thresholds the borrower must maintain during the loan

Key Provisions: Important restrictions, including limits on new debt, ownership changes, and financial reporting requirements

Whether you’re a company exploring private credit for the first time or an investor preparing to issue a term sheet, this template can help you move quickly and confidently through the early stages of negotiation.