Draft a credit memo from spreads and statements with ZeroDesk for Excel
Cowork pulls the borrower's filings and spreads through the S&P Capital IQ connector and reads the underwriting workbook from your deal folder. You take the ratios and exceptions into ZeroDesk for Excel to update the model, then bring the writeup into ZeroDesk for Word for the credit memo.
Describe the task
The deal goes to committee Thursday. You have three years of statements in the deal folder, a half-built spread in Excel, a covenant package the relationship manager sent over Friday, and a borrower that does not quite look like the last one you underwrote.
ZeroDesk pulls the borrower's filings and peer spreads through the S&P Capital IQ connector, reads your underwriting workbook from the deal folder, and tells you where the ratios trip your policy thresholds and which assumptions in the model do not square with the statements.
ZeroDesk pulls the spreads and runs the ratios; you make the credit decision.
Acme Manufacturing - $25M revolver renewal, committee Thursday. Walk me through the credit before I touch the spread.
Required Data & Steps:
Pull three years of financials and peer spreads from S&P Capital IQ.
Read the underwriting workbook in the deal folder and flag where ratios trip policy.
Tell me which assumptions in the model do not match what is in the statements.
Give me a brief I can take into Excel: cell refs, what to change, why.
Show me the exceptions before I touch anything.
Underwriting Workspace
Active Model
Acme Mfg. - Spread Modeling & Exception Check
Metric
FY23
FY25 YTD
Debt Service Coverage
1.42x
1.42x
Leverage Ratio
3.4x
3.1x
Give ZeroDesk context
Cowork pulls borrower data through the S&P Capital IQ connector and reads your spread from the deal folder. That is where the ratio analysis and policy check happen.
Cell edits happen in ZeroDesk for Excel with the workbook open, and the conversation carries into ZeroDesk for Word so the memo draft picks up where you left off.
S&P Global Connector
Connected
Acme Spread (XLSX)
Workbook
Memo Template (DOC)
Document
What ZeroDesk creates
From ZeroDesk
Acme Manufacturing - $25M revolver renewal, FY25 review
Where it stands vs. policy
DSCR (Debt Service Coverage Ratio)
1.42x (Passes 1.25x min)
Funded Debt / EBITDA
3.1x (Passes 3.5x ceiling)
Fixed Charge Coverage
1.18x (Fails 1.20x min)
Current Ratio
1.35x (Passes 1.20x min)
2 exceptions to flag for committee
FCCR!D14
Fixed charge coverage at 1.18x
Assumptions!B22
FY26E revenue growth at 8%
Ready to try for yourself?
Bring your source files, connect the tools where your work lives, and let ZeroDesk turn your next request into a structured first draft you can review and refine.
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