Pasadena Private Lending, LLC ("PPL") is pleased to announce that it has recently closed on a $50 million secured term loan with SLR Capital Partners, LLC ("SLR") an independent asset manager focused on providing capital solutions to U.S. based middle market businesses across direct lending...
Private lending in the U.S. continued to grow in 2024, building on its role as a critical alternative to traditional banking. Total assets in the private credit market, which includes direct lending and specialty finance, reached approximately $1.6 trillion and are projected to grow significantly...
Reflecting on the Opal Group's Emerging Managers Summit By Michael McAdams, President, Pasadena Private Lending As credit people, and for that matter, as many of our readers are small to medium sized business owners with limited tolerance for unproductive investments of our time and money, we are...
By Michael McAdams, President, Pasadena Private Lending Historically, many statistical experts have put small-to medium-sized enterprises (or SMEs) into the middle of the classic statistical bell curve of risk. That is, SMEs are often placed in the medium-to-higher risk category, between low-frequency large corporate defaults and...
By Michael McAdams, President, Pasadena Private Lending Unlike many thought pieces that unveil an answer at the end, the answer to the question posed by the title is a simple, "it depends." But how you get to the decision is the point. Much is written by lenders...