Don’t do it! Ha – just kidding. At the end of the day, raising a credit facility (debt to be used to service credit) is VERY different than fundraising. Credit providers are normally mid-to-large banks, hedge funds, or PE shops, who want low risk, strong RAROC. The easiest way to achieve this is by having demonstrated an ability to acquire high-quality credit at clear and easy terms, otherwise known as a book of business. Showing off a few thousand active loans with some durability makes the discussions much easier. Without that, you’re probably going to need to use your equity (sold for cash…) to service the first book of business.