The post-crisis bank retrenchment strangled the supply of traditional sources of finance for Europe’s corporate base. In its place, a range of alternative finance providers have flourished. For loans of less than £1mn, new peer-to-peer (P2P) and asset-backed lenders now provide a cheap source of company debt. For loans greater than £200mn, corporate behemoths have ...
Direct Lending: the new force in corporate finance
Written by Fundraising.
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