How many Senior lenders are there?

The TerraNova database tracks 552 active funds with a Senior mandate as of Sep 14, 2026. The median stated check-size band is around $10M–$100M.

How do I find senior lenders for my deal?

Describe your deal once — amount, sector, geography — and the TerraNova engine scores every active Senior fund against it in about 60 seconds, free, with the reasoning shown per fund.

Private credit glossary · Data updated Sep 14, 2026

What is senior debt?

Senior debt is the highest-priority loan in a company's capital structure — first in line to be repaid if anything goes wrong — which makes it the cheapest form of private credit a borrower can raise.

552

active Senior funds in the TerraNova database

$10M–$100M

median stated check-size band

How it works

Secured by company assets or cash flow; first claim in a default waterfall.
Typically priced as a floating rate over SOFR with the lowest spread in the private credit stack.
Lenders size it off EBITDA multiples or asset coverage, usually with covenants.

When borrowers use it

Refinancing or consolidating existing debt at scale.
Funding acquisitions, growth capex, or working capital where the borrower has real collateral or cash flow.

Browse all 552 Senior lenders

Named funds with check sizes, sectors, and deal-team contacts — free to search.

See Senior lenders

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