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| Direct lending is when a non-bank lender (usually an insurance company or an investment firm) lends directly to ultimate borrowing companies rather than doing so via a bank or a hedge fund.
| | National Institute of Economic and Social Research. |
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| Funds dedicated to direct lending have increased as this type of lending has often been looked down upon by banks.
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| For example, Lawrence Delevingne writing for Reuters<ref>[https://www.reuters.com/article/us-usa-funds-lending/direct-lending-funds-fading-all-weather-appeal-idUSKBN1A90CJ] ''www.reuters.com''</ref> (24 July 2017) says "direct lenders make high-interest rate loans, usually to fledgling or struggling businesses passed over by banks".
| | ==See also== |
| | *[[Organisation for Economic Co-operation and Development]] |
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| However, as banks struggled to lend to smaller companies following new capital requirements following the global financial crisis starting in 2007/8 and the eurozone crisis starting in 2009, direct lending has grown and some banks themselves started conducting some of their corporate lending via direct-lending funds.
| | [[Category:Knowledge_and_information_management]] |
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| == See also==
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| * [[Bank facility]]
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| * [[Facility]]
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| ==References==
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| <references/>
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| [[Category:The_business_context]]
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| [[Category:Long_term_funding]] | |
Revision as of 14:01, 27 March 2016
National Institute of Economic and Social Research.
See also
