The Loss Rate Advantage: Why Direct Lending Continues to Outperform Public Credit Markets
The case for direct lending has always rested on a simple proposition: private credit should deliver better risk-adjusted returns than...
Forward for Specialty Finance
Uncategorized
MCA Daily Withdrawals, Collateral Erosion and the Question of Control
In most cases, not through a borrower’s negotiation alone, moving bank accounts, or other isolated tactics. Those approaches often trigger...
The Eye of the Storm: Navigating the Surge in Middle-Market M&A Disputes
Frank Dery, Managing Director, BRG (Chicago) Kevin Hagon, Director, BRG (London) Listen to the podcast here on Youtube. As the...
Machine Intelligence Meets Middle Market Lending: The Quiet Transformation of Credit Underwriting
While artificial intelligence reshapes commercial lending at every scale, the middle market’s adoption path reflects its own distinctive blend of...
The Covenant Divide: Why Financial Protections Are Holding Firm in the Lower Middle Market
As covenant-lite structures dominate large-cap transactions, the core middle market tells a fundamentally different story—one where lender protections remain robust...
Xposure Secures $42.5MM in Funding to Expand Artist Financing and Catalog Investments
Xposure Music, a technology-driven financing and investment platform for independent artists, secured $42.5 million in new debt and equity funding....
Castleton Commodities International Completes Renewal of Credit Facilities Totaling Over $2.1B
Castleton Commodities International (CCI) renewed two credit facilities totaling more than $2.1 billion. The facilities include a $1.9 billion secured...
Seward & Kissel Elects Bresler as Management Committee Chair
Investment management partner Daniel Bresler has been elected chair of the Seward & Kissel’s management committee, effective Feb. 1, 2026....
Software and SaaS in the Middle Market: The Shift from Growth to Profitability Financing
As middle market software and SaaS financing pivots from growth-at-all-costs to profitability-driven models, lenders, sponsors, and advisors are rewriting the...
Rosenthal Capital Group Closes $12MM PO Facility for Canadian Apparel Company
Rosenthal Capital Group (RCG), a private commercial finance firm in the United States, completed a purchase order financing facility totaling...
