Stacey Huddleston’s Post

✅ We're excited to announce that Green Zone is working with PE firms to manage their existing commercial lending relationships to allow their CFO's to focus their time, energy, and resources on portfolio growth. 🚀 🚀 While we do not make the banking decisions, we do manage the time it takes to renew, modify, and move bank credit facilities. PE firms and family offices are spread thin. Fact. Ultimately, pushing the banking relationship duties down to the portfolio CFOs/controllers to manage. Guess what? CFOs and controllers are also spread thin. Fact. The time it takes to negotiate better terms, pull financials together, and the bank & forth is time that could be spent on their other business needs. That's what we solve for! We are former commercial and ABL lenders who understand how financials need to be presented to bankers, which bankers are capable of managing your credit needs, and when it's time to search for the right banking partner who will help support your capital mission. #privateequity #PE #familyoffice #bank #CFO #CEO #ManagingPartner https://lnkd.in/gWzGUZEy

McKinsey - Private credit is expanding to include a broader range of asset types and new sets of borrowers. In our view, four asset classes in particular will increasingly shift to nonbank lenders: asset-backed finance, infrastructure and project finance assets, jumbo residential mortgages, & higher-risk commercial real estate

Simply Asset Finance Secures £120m Loan Facility From Bank of America Stefan Wolvaardt, Simply Asset Finance CFO, said: “This level of commitment from the Bank of America marks a significant milestone for us at Simply. Identifying us as a key growth partner within the Asset Finance market is testament to the strength of our approach to business lending. We’ve created a digital path to finance through our industry-leading technology paired with our team of experts which sets us apart. “With the potential to grow this facility even further, Simply’s offering will be core to Asset Finance provision across the UK, allowing businesses to realise their potential, grow and thrive.” https://lnkd.in/eAW-eUtc Andrei Cotonet #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

PIMCO’s expert Kyle McCarthy shares insights into the firm’s top themes for asset-based lending during a discussion moderated by Angela Shiu, CA, CFA. With key sectors like consumer credit, aviation finance, and digital infrastructure, Kyle delves into how these areas are poised for growth, underscored by a recent case study on a senior asset-backed loan in the digital infrastructure space. https://lnkd.in/e6augtef #FundFinance #FundFinancing #FundFinancer

According to Preqin, the Private Credit market now stands at $1.7T and is expected to nearly double over the next five years. 📈💰📊 I talk to clients daily about their allocations to private credit - Interesting read from The Globe on manager selection. 💡 #Alternatives #AssetAllocation #DirectLending #Diversification #HedgeFunds #PrivateCredit #Yield

How have stubbornly high interest rates impacted lending to RIA firms for M&A and other growth initiatives? And equally important, how have changing financing trends affected how loans are deployed in broader RIA capital structures? Dustin Mangone of PPC LOAN, James Hughes of Live Oak Bank and Derek J. Bruton of Gladstone Associates, LLC share their insights on key issues that are transforming the lender-borrower landscape across the wealth management industry in the latest issue of Wealth Solutions Report. Check out the story here!

BlackRock has estimated private credit to be a $1.3 trillion market, where direct lending is the largest component. PYMNTS Intelligence has estimated only about 8.5% of small and medium-sized businesses (SMBs) have said that they’d found working capital loans from banks were readily available. Conversely, 11% said loans were perceived as being available from online vendors. More than half of respondents said coming into 2024 that they would consider tapping new financing. Of the companies mulling new financing, the data show that more than 26% would consider using an online lender; about a third would use a large national bank.

“We think asset-based credit is probably one of the most ripe and persistent opportunities in the market today.”   Castlelake Deputy Co-Chief Investment Officer Isaiah Toback recently spoke with Private Debt Investor for their Mid-Market Lending Report to dive into what we believe to be a growing asset-based lending market and the factors we think are driving interest in the asset class. Isaiah discussed how this market compares to that of corporate direct lending, which segments Castlelake believes may present interesting opportunities and how investors seem to be approaching it. Read the full article here: https://lnkd.in/ehZyxWsw   #privatecredit #privatedebt #assetbased #lending #middlemarket

The #PrivateCredit market is projected to be worth $3.5 trillion by 2028. The explosive industry growth means #FundManagers must give their private credit offering a competitive edge. Managers should consider how their operational platforms can help them achieve success and deliver that all-important marginal gain. In our latest article, our Group Head of Private Credit, Kevin Hogan, and U.S. Head of Private Credit, Todd Werner, explore how integrating teams, technology and the right data ecosystem can provide a competitive edge. Read now > https://lnkd.in/gcFbpjcH

Private credit has transformed from a niche funding source into a key player in the capital markets, with assets soaring from $250 billion in 2008 to nearly $1.7 trillion by mid-2023. Today, private credit handles larger deals, often exceeding $1 billion, and offers increasingly flexible loan structures similar to those in the syndicated loan market. The entry of banks into this space is enhancing competition, potentially lowering pricing and broadening deal opportunities. As we move into the latter part of 2024, private credit’s speed and flexibility will be critical, especially with a forecasted rebound in M&A activity. This evolving landscape presents significant opportunities for companies and private equity firms to optimize their financing strategies. #PrivateCredit #FinanceTrends #AlternativeLending #InvestmentOpportunities #FinancialMarkets