Tag: Family Offices

The Garrington Edge – Volume 43: Why Businesses Borrow Beyond The Banks

The Garrington Edge – Volume 43: Why Businesses Borrow Beyond The Banks

Why Businesses Borrow Beyond The Banks We are often asked, “Why would businesses with strong collateral pay 12 to 15 percent per annum—or more—to borrow from us? What’s the catch?” In our view, there isn’t one. When structured and managed with discipline, senior-secured, asset-backed lending to smaller mid-market borrowers offers one of the most compelling risk-adjusted return profiles available to…

The Garrington Edge – Volume 42 : Staying Disciplined in a Competitive Market – Garrington’s Perspective on “The Battle for the Borrower”

The Garrington Edge – Volume 42 : Staying Disciplined in a Competitive Market – Garrington’s Perspective on “The Battle for the Borrower”

Staying Disciplined in a Competitive Market – Garrington’s Perspective on “The Battle for the Borrower” A recent piece by Matt Savino, Global Head of Capital Markets at The Carlyle Group, titled “Battle for the Borrower”, explored what the author sees as a growing rivalry between private credit lenders and the broadly syndicated loan (BSL) market. The article argues that as…