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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