Suntera Fund Services Partners with Tenor to Enhance Private Credit Loan Administration
RALEIGH, N.C., March 20, 2025 /PRNewswire/ -- Suntera Fund Services ("Suntera"), a leading provider of bespoke fund and loan administration and loan agency services for private credit funds, has partnered with Tenor, the AI-powered platform optimizing private credit operations. This collaboration enables Suntera to leverage Tenor's Loan Central, leveraging AI-driven automation while maintaining oversight of critical loan servicing and compliance processes to enhance efficiency, scalability, and risk management.
Driving Efficiency & Innovation in Private Credit
As private credit expands, loan administrators face increasing complexity in servicing, borrower monitoring, and compliance tracking. Through this partnership, Suntera integrates Tenor's AI-driven automation and data validation tools to streamline workflows while maintaining high-touch client service and strategic decision-making.
"In a competitive private credit landscape, operational excellence is paramount. Our co-sourcing partnership with Tenor allows us to scale faster while ensuring our clients' best-in-class reporting, compliance, and portfolio management," said Michael Von Bevern, Co-Managing Director, Americas at Suntera. "By leveraging Tenor's AI-powered platform, we can offer greater transparency and accuracy, reducing the manual burdens of loan administration."
"We are thrilled to collaborate with Suntera to redefine private credit loan administration. This partnership demonstrates how co-sourcing empowers loan administrators with AI-driven technology without sacrificing control or flexibility," said Tony Chung, Co-Founder & CEO of Tenor.
A New Standard for Private Credit Loan Administration
By integrating AI-powered workflows with Suntera's deep expertise in loan administration and loan agency, this co-sourcing model offers a scalable, efficient, and regulatory-compliant approach to managing private credit portfolios.
About Suntera Fund Services
Suntera Fund Services is a leading middle-market provider of fund and loan administration for private alternative investment funds. As the North American arm of Suntera Global, it offers bespoke administration and accounting solutions across global offices, including the Bahamas, Cayman Islands, Guernsey, Hong Kong, Isle of Man, Jersey, Luxembourg, UK, and the US. With 550 specialists, Suntera extends its clients' businesses with governance, compliance, and accounting expertise.
About Tenor
Tenor is an AI-driven platform designed for private credit lenders and loan administrators, optimizing post-close loan operations. By automating data validation and borrower monitoring, Tenor eliminates manual inefficiencies, ensuring real-time insights into borrowing bases, covenants, and portfolio performance. Tenor works with lenders, loan administrators, and fintech innovators to drive efficiency, transparency, and growth in private credit markets.
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SOURCE Tenor