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...
This month we reflect on the impact we have had in supporting successful entrepreneurs through creative lending solutions, recently surpassing $235 million in loans to small and medium-sized businesses with an aggregate workforce of ~3,000 jobholders....
Reflecting on the Opal Group's Emerging Managers Summit By Michael McAdams, President, Pasadena Private Lending As credit people, and for that matter, as many of our readers are small to medium sized business owners with limited tolerance for unproductive investments of our time and money, we are...
We discuss the recent rate cut and take stock of the impacts of inflation, showcase a loan helping a borrower acquire a company and more....
This month we underscore our commitment to our partners and the impactful roles they play in helping fuel timely opportunities for successful entrepreneurs....
As we navigate the evolving financial landscape, a pivotal moment approaches for private credit and direct lending solutions....
By Michael McAdams, President, Pasadena Private Lending Historically, many statistical experts have put small-to medium-sized enterprises (or SMEs) into the middle of the classic statistical bell curve of risk. That is, SMEs are often placed in the medium-to-higher risk category, between low-frequency large corporate defaults and...
With summer and its temperatures in full effect, we take a look at economic cycles and managing debt and risks with a column by Pasadena Private Lending President Michael McAdams....
By Michael McAdams, President, Pasadena Private Lending Unlike many thought pieces that unveil an answer at the end, the answer to the question posed by the title is a simple, "it depends." But how you get to the decision is the point. Much is written by lenders...