USD.AI

Understand the credit behind AI infrastructure

Evaluate lending to GPU operators through the customer revenue, physical assets and contractual rights behind each loan.

Begin with the business paying the debt

GPU operators sell compute capacity to customers. The credit review examines those revenues and the operator's ability to deliver the service, with hardware providing collateral.

Assess a defined transaction

Discuss eligible GLX participation routes against your mandate, concentration limits and liquidity needs. Access and transaction terms require individual review.

Plan for the life of the position

Understand repayment, monitoring and servicing before committing capital. Review customer default, equipment depreciation and enforcement risks alongside the income source.

Participation routes through GLX

  • Participate at origination

    Evaluate a position in a newly originated facility.

  • Join a syndicate

    Participate alongside other capital providers in a larger facility.

  • Purchase a seasoned loan

    Review a whole loan with an operating and repayment record.

Available transactions and participation terms depend on the facility and the capital provider's requirements.

See how each loan is structured

Each qualifying loan sits in a dedicated special-purpose vehicle with its hardware, customer contracts and revenue accounts, supported by escrow, a debt-service reserve, insurance and monitoring.

Operator holding company
Special-purpose vehicle
  • GPU hardware
  • Customer contracts
  • Revenue accounts

Supporting the loan throughout its life

  • Escrow

    Released to the supplier after installation is independently verified.

  • Controlled revenue accounts

    Customer payments flow to accounts within the structure.

  • Debt-service reserve

    Held within the structure to support repayment.

  • Insurance and monitoring

    Hardware insurance and monitoring for the term of the loan.

Servicing stays with USD.AI

USD.AI retains servicing and the borrower relationship when a loan is distributed through GLX. Monitoring, collections and reporting continue for the life of the loan, with the buyer's rights set by the transaction documents.

  • Funding

    Conditions met and capital released

  • Installation verified

    Servers confirmed online

USD.AI servicingKeeps the borrower relationship
  • Repayment

    Collections from controlled accounts

  • Monitoring

    Hardware and cash flow reviewed

  • Reporting

    Information to capital providers

Common questions

This page starts a discussion about institutional loan participation through GLX. It does not present a dedicated family-office fund or promise a liquid exit.

No. A sale depends on a buyer, transaction terms, and market conditions.

GLX distributes GPU-backed loans originated and underwritten through USD.AI's own process.