Non-bank Lenders Thrive in the Shadows
Non-bank Lenders Thrive in the Shadows
The Wild West of Finance…BizCap’s Chuck Doyle Weighs in on the Explosive Growth of US Private Debt Markets
Non-bank lenders thrive in the shadows
by Robin Wigglesworth, Financial Times, February 3, 2019
“When the dotcom bubble burst, Chuck Doyle smelt an opportunity — arranging loans for companies shunned by big banks and too small to tap the bond market. It proved very fertile ground. His company, San Francisco-based Business Capital, says it has since helped hundreds of smaller companies raise money to keep afloat, finance their inventory or expand. But Mr Doyle… says conditions in the non-bank, non-bond “private debt” market have never been more frenzied.”…
Click here to read full article courtesy of the Financial Times