Private credit

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Debt - non-bank lending - private markets.

Private credit is a loan to a business that is originated by a lender other than a bank or other traditional financial institution, and is not tradable in a public market.

Private credit is also sometimes known as direct lending, alternative lending, non-bank lending or private debt.

Borrowers are typically small and medium sized enterprises, or smaller listed companies.

Lenders are typically regulated asset managers.

Purposes of private credit borrowings are wide ranging, including - among other purposes - asset backed finance and trade finance.

See also

Other resource