SMEs Increasingly Turn To Private Debt Investors To Support Business Growth

Private debt has become a valuable source of finance for smaller businesses across the UK since the 2008 economic crisis, reveals British Business Bank, with £18.4billion of lending in 2018 and 2019. Private debt, direct lending and private credit refers to loans made by non-bank lenders to companies. With banks retreating from making loans to SMEs, the private debt market has flourished.
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