Free tool
Loan Covenant Health Check
Enter a few figures to see your debt-service coverage, leverage, and current ratio against the thresholds lenders commonly use.
DSCR (debt-service coverage)
2x
Within a typical covenant (≥ 1.25x is common)
Leverage (debt / EBITDA)
2x
Within a typical covenant (≤ 3.0x is common)
Current ratio
1.5
Within a typical covenant (≥ 1.2 is common)
Do this automatically
CovenantGuard
Loan covenant monitoring software that tracks every ratio continuously and produces lender-ready compliance reports, straight from the ledger.