Economic conditions have given private credit lenders more power episode artwork

EPISODE · Aug 4, 2023 · 13 MIN

Economic conditions have given private credit lenders more power

from The NAVigator

Chris Oberbeck, chairman and chief executive at Saratoga Investment Corp., says that the balance of power in the lender-borrower relationship has shifted dramatically in the last 12 to 24 months, with banks now pulling back which is leaving private lenders with better terms and more power to insist on superior deals. Oberbeck notes that those conditions are putting BDCs generally -- but Saratoga specifically, thanks to an all-weather portfolio of loans -- in a better position to minimize any damage that might be done if the economy goes through a recession.

NOW PLAYING

Economic conditions have given private credit lenders more power

0:00 13:38

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of The NAVigator?

This episode is 13 minutes long.

When was this The NAVigator episode published?

This episode was published on August 4, 2023.

What is this episode about?

Chris Oberbeck, chairman and chief executive at Saratoga Investment Corp., says that the balance of power in the lender-borrower relationship has shifted dramatically in the last 12 to 24 months, with banks now pulling back which is leaving private...

Can I download this The NAVigator episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!