In a more transactional lending market, specialty finance stands apart by understanding the business, staying steady under stress, and structuring around client outcomes. Commercial lenders often say they are relationship-driven, but too many have lost sight of what made relationship...

As market volatility, tariffs and global economic pressures continue to impact businesses across industries, turnaround and restructuring professionals are increasingly focused on helping companies navigate uncertainty before challenges become crises. In a recent conversation with 2026 TMA Global Chair Rachael...

With private credit spreads compressing toward 500 basis points in the upper middle market, origination efficiency has become the margin differentiator separating profitable platforms from capital-intensive also-rans The structural transformation of middle market direct lending has been defined by a...

A Headline-Driven Moment The first quarter of 2026 has delivered the most intense period of scrutiny that the private credit industry has faced since its emergence as a distinct asset class. Blue Owl Capital’s decision to permanently close redemption gates...

I’ve written extensively about MCA-related issues for lenders and borrowers over the past several years. At the recent IFA conference in Nashville, I was struck by the need for more robust conversations around actionable MCA solutions for the factoring industry....