November 2024

As private credit continues to encroach upon traditional banking products, there is greater competition than ever. This is positive news and serves our borrowers' best interests. However, the industry can get crowded, noisy, and difficult to navigate as direct lenders come and go....

Private lending in the U.S. continued to grow in 2024, building on its role as a critical alternative to traditional banking. Total assets in the private credit market, which includes direct lending and specialty finance, reached approximately $1.6 trillion and are projected to grow significantly...

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