In a thought-provoking interview published on ET Edge Insights, Ms. Kanchan Jain, Head of Ascertis Credit Group, discusses private credit and highlights how it appeals to borrowers due to its tailored and structured solutions.
Ms. Jain discusses private credit, which is a general term for nonbank lending to businesses. Private credit has significantly increased during the 2008–2009 Global Financial Crisis. It is a phenomenon that is more common in the United States and the United Kingdom, but it is also an asset class that is expanding in emerging nations.
Additionally, Ms. Jain highlights how private credit appeals to borrowers due to its tailored, structured solutions, longer maturities, increased flexibility, and simplicity of use. Due to its appealing risk-adjusted returns, private lending is also popular among investors.
Real-world production and consumption patterns have changed significantly as a result of the COVID-19 epidemic, with repercussions on the credit markets.
To learn more about the potential of private lending and its impact on businesses, watch the interview - https://lnkd.in/g8hehYni