# Credit Financial Model Templates

Free credit model templates in Excel for loan analysis, debt schedules, and credit underwriting. These downloads include live formulas for amortization, covenant testing, and coverage ratios so lenders and borrowers can assess a facility before signing.

Canonical: https://finamodel.com/templates/categories/credit

## Templates

- [Auto Loan Portfolio Model](https://finamodel.com/templates/auto-loan-model) - Automotive loan securitization and portfolio analysis.
- [Student Loan Portfolio](https://finamodel.com/templates/student-loan-model) - Model a portfolio of student loans with origination, repayment schedules, and default assumptions.
- [Buy Now Pay Later Model](https://finamodel.com/templates/bnpl-model) - BNPL fintech platform financial projections.
- [Factoring Program Model](https://finamodel.com/templates/factoring-model) - Financial model for accounts receivable factoring with advance rates, discount fees, and portfolio metrics.
- [Syndicated Loan Underwriting](https://finamodel.com/templates/syndicated-loan-model) - Model syndicated loan terms, pricing, club structure, and lender commitments with covenant tracking.
- [Direct Lending Fund Model](https://finamodel.com/templates/direct-lending-model) - Financial model for direct lending fund with loan origination, yield, losses, and fund returns.
- [Microfinance Institution Model](https://finamodel.com/templates/microfinance) - MFI model with loan book roll-forward by product, branch ops, funding mix, capital adequacy, and return ratios.
- [Distressed Debt Analysis](https://finamodel.com/templates/distressed-debt-model) - Valuation and recovery analysis for distressed bonds and loans with recovery timeline and outcomes.
- [Collateral Pool Model](https://finamodel.com/templates/collateral-pool-model) - Track collateral composition, haircuts, and coverage ratios for secured lending programs.
- [Credit Portfolio CDO Model](https://finamodel.com/templates/credit-portfolio-cdo-model) - Model credit default swap portfolio, tranching, and waterfall for CDO securitization.
- [Loan Portfolio CDR Model](https://finamodel.com/templates/loan-portfolio-cdr-model) - Credit default risk model for loan portfolios with cumulative default rates and loss severity analysis.
- [Credit Stress Testing Framework](https://finamodel.com/templates/stress-testing-model) - Stress test credit portfolios across default probabilities, loss severities, and adverse macroeconomic scenarios.
- [Revenue-Based Financing](https://finamodel.com/templates/revenue-based-financing) - Assess revenue-based financing deals and portfolio returns as repayments rise and fall with borrower revenue.

## Frequently asked questions

### Are these templates really free to download?

Yes. Every template is a free Excel download with live formulas after email signup. No credit card or paywall is required. Click any template, enter your email, download the .xlsx file, and open it in Excel, Google Sheets, or LibreOffice.

### What does a credit model analyze?

Credit models build the loan amortization schedule, track interest and principal, and test the borrower's ability to service debt through coverage ratios like DSCR and interest cover, plus any covenants attached to the facility.

### Are these for lenders or borrowers?

Both. A lender uses them to underwrite and size a facility; a borrower uses the same structure to check headroom against covenants and plan repayments. The mechanics are identical.

### Can I edit the models after downloading?

Yes. The free downloads are unlocked Excel workbooks with live formulas, no macros, and no password protection. You can change assumptions, add rows, relabel line items, and adapt the structure.