Skip to main content

Posts

Showing posts from November, 2023

Who is lending now?

  Few things we see in the debt market: 1- High interest rates, stricter bank’s criteria for lending have made borrowing an expensive proposition. Hence many borrowers are looking for a bridge to greener pastures, 1-2 year loans. 2- Since bank loans are expensive, would-be borrowers are turning their attention to Family Offices (Private investors of substantial holdings) — to either get a loan from them, or get money in return for equity. 3- FOs are notoriously difficult to deal with, and now are having a field day. 4- For example we / Our Family Office turns down many hotel financing requests every week. FOs are really getting the pick of the bunch. 5- Debt sales are getting hotter. Some hedge funds are behind this rush turning into frenzy in 2024. Payclass has the infrastructure in place to help you with either or both — debt and/or equity raise. Contact us to get funding…