Borrower-Side Covenant Monitoring
Monitor covenant headroom, lender-defined EBITDA and reporting obligations before they become a bank problem.
Many SMEs and their advisors still track DSCR, leverage ratios, EBITDA add-backs, reporting dates and covenant headroom manually.
That creates risk when definitions drift, reporting deadlines are missed, or headroom deteriorates before anyone sees the warning signs.
Managed Service Flow
Loan agreements and covenant requirements.
Definitions, add-backs and reporting dates.
Accounting data or management reports.
Green, amber and red covenant headroom dashboard.
Bank-ready reporting support packs.
Centralised view of facilities, thresholds, definitions and measurement dates.
Configure and monitor lender-defined add-backs and exclusions.
Track covenant pressure using simple green, amber and red status views.
Monitor reporting due dates and compliance preparation windows.
Identify covenant pressure before it becomes a last-minute issue.
Prepare bank-ready covenant reporting support aligned to lender requirements.
Covenant Guard is built by Owen Chiunda, founder of SimplifyNumbers.com, a Chartered Accountant with extensive commercial finance and business transformation experience across:
This is not generic reporting software. It is borrower-side decision support for covenant visibility, bank reporting discipline, and early financial risk detection.
The value is: Owen Chiunda reads your loan agreement and builds the monitoring framework. It is a premium managed covenant monitoring service, not automated lender software.
We are inviting a small number of Fractional CFOs, outsourced finance teams, and SME leaders to test Covenant Guard.
Setup
$1,500
Includes loan agreement review, covenant registry setup, dashboard configuration, and the first reporting cycle.
Monthly
$750/month
Includes ongoing monitoring, breach-risk alerts, and monthly reporting support.
Additional clients: $150/month
Or email owen@simplifynumbers.com
We start with a discovery call to review your current debt structure. Once onboarded, you securely share your loan agreements, and our team manually extracts the thresholds, covenants, and definitions to configure your dashboard.
No. While we can integrate with accounting software data, Covenant Guard can ingest manual data inputs, structured spreadsheet exports, or standard management reports.
Yes. The system is designed to map separate covenants, margins, and reporting due dates across multiple different bank facilities or lenders.
No. Covenant Guard is strictly borrower-side software and support. We provide visibility and compliance discipline for fractional CFOs, advisors, and SME finance leaders to protect borrower interests.
Onboarding and registry configuration typically take between 7 to 10 working days, depending on the complexity of your loan agreements.
Disclaimer: Covenant Guard is a decision-support and monitoring tool. It does not replace professional judgement, lender advice, legal advice or formal sign-off by the responsible CFO, accountant, director or borrower. Covenant Guard is a borrower-side covenant monitoring service, not lender software.