Institutional
Exclusive access to AI infrastructure backed debt
Review loans originated, underwritten and serviced by USD.AI through GLX, the GPU Loan Exchange.
Access GPU credit on defined terms
Participate at origination
Evaluate a position in a newly originated facility.
Join a syndicate
Participate alongside other capital providers.
Seasoned loans
Review a whole loan with a performance record.
One framework
Compute IQ assesses the operator, customer and contract.
USD.AI servicing
USD.AI services loans on behalf of lenders.
Follow one record from origination to servicing
Borrow brings in the financing request. Compute IQ assesses operator quality, customer credit and contract strength. USD.AI structures the loan, GLX connects it with capital, and USD.AI services the loan on behalf of lenders. A common credit package supports comparison across transactions.
Borrow
Takes the application
GLX
Connects the loan with capital
USD.AI
Services the loan
Review the sources of repayment and recovery
Assess customer cash flow alongside hardware collateral. Diligence covers the legal structure, controlled revenue accounts, repayment requirements, monitoring and enforcement rights. Customer concentration, utilization, hardware depreciation and execution remain part of the credit assessment.
Operator
Experience, financial position and delivery plan
Customer and contract
Credit quality, payment terms and concentration
Collateral and security
Identified hardware and security interests
Loan structure
Entity, controlled accounts and reserves
Funding conditions
Documented conditions before release
Monitoring approach
Reporting and servicing after funding
Choose the discussion that fits your mandate
Private credit fund
Review origination participation, syndication and seasoned whole loans.
Family office
Understand the asset, transaction structure and ongoing information required for an allocation decision.
Bank
Examine documentation, servicing responsibilities and fit with your institution's credit policies.
Fintech
Separate direct loan participation from digital-asset treasury and integration requirements.
Questions from institutions
No. When a position is acquired through GLX, servicing stays in place for the full term of the loan. The transaction documents set the buyer's rights and the reporting you receive. Nothing changes for the borrower, so the loan file stays consistent from origination through repayment.
Positions become available once a financing originated through USD.AI is seasoned and performing. Qualified institutional counterparties under NDA can discover specific opportunities through GLX. Larger facilities can be offered in portions sized to a mandate. To discuss eligibility, contact hello@usd.ai.
Every loan through USD.AI comes with one file: a Compute IQ assessment of the operator, customer and contract, plus the loan structure, funding conditions and monitoring approach. The same format lets institutions assess exposure once and compare loans side by side.
A bankruptcy-remote special-purpose vehicle holds the GPUs, customer contract and revenue account. The lender group holds a first-priority security interest and step-in rights at the data center. The operator contributes at least 20% equity before funding and a three-month debt-service reserve at closing.
Straight-line amortization over 3–5 years pays down principal over the hardware's scheduled working life. A warrantied GPU value schedule is set at origination, and telemetry monitors uptime and server health throughout the life of the loan.
Financing starts at about $5 million and scales to large facilities for GPU cloud operators in the Compute Middle Market. Typical transactions range from $20 million to $150 million, with portions sized to an institution's mandate. Sizes and terms are shared with qualified counterparties under NDA.
