For CFOs and treasurers of EUR 100M–2B groups
Your TMS tells you what you owe. Credenda tells you what you’re overpaying — and which renewal will hurt you next quarter.
No card. Cancel any time. See pricing.
She doesn’t ask ‘what’s the bank’s pricing model?’. She asks ‘is this fair, and what should I push back on?’.
Paste the term sheet — PDF, email, or plain text.
We benchmark it against comparable transactions across rating, tenor, sector, and bank structure.
You get a verdict, a fair-price band, and the asks to push back on.
Module A — Term-Sheet Doctor Included in Solo, Treasury, Advisor
Paste the deal. Get a fair-price band, the clauses to push back on, and a draft counter-offer — in about a minute.
“Your deal is 8 bp above market for your rating and your bank's structure. Estimated overpayment: EUR 56k over the tenor.”
Module B — Wallet Included in Treasury, Advisor
Every facility, every bank, on one screen — concentration, covenant headroom, and policy breaches flagged before your board asks.
“EUR 320M across 6 banks. BNP holds 38 % — above the 30 % cap in your treasury policy.”
Module C — Next Move Included in Treasury, Advisor
A quarterly worklist — who to call, when, what to ask, and the email draft ready for you to send. Wired to your renewal calendar.
“This quarter: push back on the BNP RCF renewal (8 bp above fair). Draft email ready for your review.”
Sabine is the CFO of a EUR 800M industrial group. Six banks, eleven facilities, two currencies. Two years ago, repricing caught her board off-guard — and the post-mortem made one thing clear: the cost of borrowing is decided in negotiation, not in finance.
Today, the night before a renewal meeting with her lead bank, Sabine opens Credenda. The Wallet tells her BNP holds 38 % of her debt — eight points above the concentration cap her board signed off on. Term-Sheet Doctor scores the draft she received last week: 8 bp above market, EUR 56k of overpayment hiding in the spread. Next Move has already drafted the email — the one that pushes back on the spread, asks for the covenant headroom her group earned last year, and lines up Crédit Agricole for the next slice.