Payout Private Credit Fund
Institutional Access to Short-Duration SMB Credit
Invest in a private credit fund providing diversified exposure to U.S. small-business lending, supported by AI underwriting, proven servicing infrastructure, and transparent quarterly NAV reporting.
For accredited investors only
Fund Overview
The Payout Private Credit Fund offers professional investors access to a large and underserved segment of the U.S. economy through a structured GP/LP vehicle focused on short-duration SMB credit.
Key Terms
| Strategy | Diversified SMB credit (lines of credit, term loans, MCA exposure) |
| Target Yield | 20% net to LPs* |
| Target Raise | $25–$50M |
| Structure | Delaware GP/LP |
| Fees | 2.0% management fee / 20% carry with 8% hurdle |
| Lockup | 18 months |
| Reporting | Quarterly NAV & digital investor dashboard |
| *Targets are illustrative and not guarantees of performance. | |
The Opportunity
A Durable Market Shift
- Over 30 million U.S. small businesses require ongoing access to
working capital
- Non-bank lenders now represent a growing share of SMB financing
- Businesses increasingly value speed, automation, and flexible
products - A persistent SMB funding gap creates opportunity for disciplined
institutional capital
Payout focuses on providing short-term, cash-flow backed credit to this segment with
technology-driven underwriting and active portfolio management.
Investment Thesis
High-Yield, Short-Duration Credit — Powered by Data
Our approach combines diversified origination with modern risk infrastructure:
| 1. Data Advantage |
|
| 2. Servicing Infrastructure |
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| 3. Defensive Yield Profile |
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Portfolio Construction
Designed to reduce concentration risk and smooth outcomes:
Industry
Hundreds of NAICS categories
Geography
Nationwide U.S. exposure
Origination
200+ distribution partners
Position Limits
Any single deal <1% of portfolio
Typical characteristics
Average Deal Size
~$50K
Term Range
3–18 months
Monthly Origination Capacity
$5–10M with ability to scale
Target Defaults
5–15% range
Technology Edge – Blackbeard AI
The fund is supported by a proprietary underwriting and portfolio platform that:
- Ingests applications via email or API
- Extracts and analyzes bank data
- Tags transactions and models cash flow
- Applies configurable credit rules
- Generates machine-learning recommendations
- Monitors portfolio risk in real time
This infrastructure enables scalable decisioning while maintaining human oversight.
Who This Is For
Family offices and professional allocators
Wealth advisors seeking income alternatives
Institutional LPs
Corporate treasuries and accredited investors
Want to invest?
Learn more about the strategy, pipeline, terms, and reporting on a founder call.
Available only to accredited investors. This is not an offer to sell securities. Investments are subject to eligibility, accreditation, and suitability review.