For small or medium-sized businesses, finding timely operating capital to keep the business moving forward can be extremely challenging. It is imperative for companies to understand that every lender or source of capital has a different cost, return expectation, level of underwriting and timing to close. As they say, you need to “know your audience.” Traditional banks are always a …

Certain private credit and debt funds can help stabilize the financial markets and promote economic resilience in times when banks are unable to loan money, new research finds.  The rise of private debt funds following the 2008 recession has prompted some concern among regulators. But a paper published on February 13 and entitled “Nonbank Credit” finds that private credit funds …