The Benefits of Direct Lending for Small Businesses
Direct lending provides small businesses with fast capital and flexible terms. See how skipping traditional banks simplifies financing and fuels growth.
Direct lending provides small businesses with fast capital and flexible terms. See how skipping traditional banks simplifies financing and fuels growth.
Barings, one of the world’s leading global alternative investment managers, today announced the successful close of over $19 billion in committed capital for its Global Direct Lending strategy, garnering interest from a diverse group of institutional, insurance and wealth clients. The two-year fundraising period coincided with strong and sustained deployment activity, including over $18 billion across 355 transactions globally. “We are thrilled to reach this milestone and grateful to our global investor base as we...
At ICBA LIVE, Rapid Finance has announced a significant enhancement to its Decisioneer loan origination software – seamless, one-button integration with the trusted Rapid Finance Funding Network. This powerful enhancement now unlocks new non-interest income streams for community banks when effortlessly referring loan applications that fall outside their lending criteria. With increasing competition from larger banks, community financial institutions need ways to streamline their SMB lending and retain their small business customers. Rapid Finance’s LOS not only improves...
Initially Invested in 2017, ahead of private credit expansion and supported the growth of the platform
Strategic Hire Builds on D2's $1 Billion Launch and Partnership with Koch Real Estate Investments
Invesco Private Credit, a market-leading global private credit platform of Invesco, Ltd., announced the successful close of its flagship Invesco Direct Lending Fund II, which along with similar vehicles, total $1.4 billion of investable capital. “Our dedicated direct lending team is part of the $48 billion Invesco Private Credit platform with deep resources and expertise built over its 36-year history,” said Scott Baskind, CIO and Global Head of Invesco Private Credit. “The direct lending team’s capabilities and experience have...
Direct Lending Now Comprises Over $15 Billion of Investable Capital Within $35 Billion Silver Point Platform
Formida Capital offers flexible and tailored capital solutions across the entire capital stack, providing debt, mezzanine financing, and equity for real estate projects across the U.S.
Michael Smith and Mitch Goldstein Appointed as Co-Chairmen of Board of Directors
European credit specialist, AlbaCore Capital Group (“AlbaCore”), is pleased to announce the appointment of Luke Gillam as Partner, Head of Senior Direct Lending. Gillam brings more than 25 years of experience across European Leveraged and Structured Finance to this newly created role. He joins AlbaCore from Goldman Sachs, where he served as Head of EMEA Credit Capital Markets and as Co-Chairman of the Credit Capital Market Committee. Gillam will lead, alongside Bill Ammons, the sourcing,...