# Credia

> AI-powered term sheet analysis for Belgian SMEs. Upload a business loan term sheet, get every clause extracted, scored, and benchmarked against Belgian market data in 30 seconds.

Credia helps Belgian SME owners and their accountants understand whether their bank's loan terms are fair. The platform extracts pricing, covenants, fees, and collateral requirements from term sheet PDFs, then benchmarks each data point against real Belgian market data. The analysis covers variable and fixed-rate term loans, revolving credit facilities, and acquisition financing for deals typically ranging from €100K to €5M.

Belgium's SME lending market is dominated by four banks (KBC, BNP Paribas Fortis, Belfius, ING Belgium) that control roughly 75% of lending volume. Credia exists to close the information gap between these banks and the businesses borrowing from them.

## Guides

- [How to Read a Term Sheet](https://credia.pro/learn/how-to-read-a-term-sheet): Complete guide to reading a Belgian bank term sheet. Covers facility structure, repayment schedules, pricing (fixed vs variable, margin ranges 1.50%-3.50%), fees (arrangement, commitment, prepayment with Belgian legal caps under WER VII.145), covenants, security packages (hypothecair mandaat vs full mortgage), conditions precedent, representations, undertakings, and events of default.
- [Loan Covenants Explained](https://credia.pro/learn/loan-covenants-explained): Every covenant type in Belgian SME lending. Financial covenants (leverage ratios, ICR, DSCR, solvency, minimum EBITDA, maximum capex), operational covenants (change of control, negative pledge, dividend restrictions, MAC clause, information covenants), the EBITDA definition trap, what happens when you breach, and how to negotiate thresholds.
- [10 Red Flags in a Term Sheet](https://credia.pro/learn/term-sheet-red-flags): The 10 warning signs that a Belgian bank term sheet is structured aggressively. Each flag includes what to look for in the document language, why the bank includes it, and exact pushback language. Covers uncapped guarantees, cross-default breadth, vague MAC clauses, EURIBOR floors, one-way ratchets, all-assets security, prepayment penalties, missing cure periods, dividend lock-ups, and reporting deadline traps.
- [How to Negotiate Better Loan Terms](https://credia.pro/learn/negotiate-better-loan-terms): Practical negotiation tactics for Belgian SME borrowers. Covers competing offers (which banks to approach), margin negotiation (share-of-wallet lever, bidirectional ratchets), fee-by-fee scripts, covenant negotiation (20% buffer rule, equity cure rights, covenant holidays), collateral proportionality, a week-by-week negotiation timeline, and when to walk away.

## Guides (Dutch)

- [Hoe een Term Sheet Lezen](https://credia.pro/nl/learn/hoe-een-term-sheet-lezen): Complete gids voor het lezen van een Belgische term sheet voor KMO's.
- [Leningsconvenanten Uitgelegd](https://credia.pro/nl/learn/leningsconvenanten-uitgelegd): Elk convenanttype in Belgische KMO-leningen uitgelegd.
- [Rode Vlaggen in een Term Sheet](https://credia.pro/nl/learn/rode-vlaggen-term-sheet): 10 waarschuwingssignalen in een Belgische term sheet.
- [Betere Leningsvoorwaarden Onderhandelen](https://credia.pro/nl/learn/betere-leningsvoorwaarden-onderhandelen): Onderhandelingstactieken voor Belgische KMO-ontleners.

## Guides (French)

- [Comment Lire un Term Sheet](https://credia.pro/fr/learn/comment-lire-un-term-sheet): Guide complet pour lire un term sheet bancaire belge pour PME.
- [Covenants de Prêt Expliqués](https://credia.pro/fr/learn/covenants-de-pret-expliques): Chaque type de covenant dans les prêts PME belges expliqué.
- [Signaux d'Alerte dans un Term Sheet](https://credia.pro/fr/learn/signaux-dalerte-term-sheet): 10 signaux d'alerte dans un term sheet bancaire belge.
- [Négocier de Meilleures Conditions](https://credia.pro/fr/learn/negocier-de-meilleures-conditions): Tactiques de négociation pour les emprunteurs PME belges.

## Tools

- [Term Sheet Analysis](https://credia.pro/analyze): Upload a term sheet PDF for AI-powered extraction, scoring, and benchmarking against Belgian market data. Free tier explains each extracted term in plain language. Pro tier adds scoring and market benchmarks.

## Key Facts

- Belgian SME loan margins typically range from 1.50% to 3.50% depending on sector, leverage, and collateral
- Standard Belgian KMO term sheets contain 3 to 5 covenants; 7+ signals higher risk
- Prepayment compensation for variable-rate KMO loans is legally capped at 6 months' interest (Code of Economic Law, article VII.145)
- A "hypothecair mandaat" saves €3,000 to €8,000 in notary fees compared to a full mortgage
- Personal guarantees from directors should be capped at 25% to 50% of facility amount with sunset and release clauses
- The Big 4 Belgian banks (KBC, BNP Paribas Fortis, Belfius, ING Belgium) control approximately 75% of SME lending
- Typical Belgian KMO loans run 3 to 7 years with linear amortization

## Optional

- [About Credia](https://credia.pro/about)
- [For Accountants](https://credia.pro/for/accountants)
- [For CFOs](https://credia.pro/for/cfo)
- [For SMEs](https://credia.pro/for/sme)
- [Security](https://credia.pro/security)
- [Privacy Policy](https://credia.pro/privacy)