Using WhiteCap Search’s unique vantage point, we expect companies to seek out more creative financing solutions from credit and special situations lenders.
As borrowers increasingly battle with rising prices, supply chain pressures, constraints in the syndicated lending markets and uncertainty in the stability of their relationship banks, Private Credit has continued to prove itself as an attractive option. This is thanks to its ability to provide flexible, tailored and relationship-based financing at a time of growing liquidity constraints. With the threat of recession looming, and with so many leveraged buyouts having been financed with private debt in recent years, predictions of more widespread distress will put credit funds on the front lines of supporting businesses through the next challenging economic cycle.
As Q4 2023 approaches, WhiteCap Search’s Financial Services division looks forward to supporting our existing clients’ human capital needs in addition to supporting the needs of new relationships who are experiencing similar growth in these markets.