Insights
Notes on private credit, direct lending, and how non-bank finance works for European companies and originators.
What is a private credit fund?
How private credit funds work, how they differ from banks and private equity, and when a mid-market company should approach one.
Private credit vs private equity
Capital structure, return profiles, senior secured mechanics, and what each form of capital means for a company taking the money.
Direct lending in the UK and Europe
Why companies choose direct lending over bank credit, typical terms and processes, and how the European landscape is evolving.