Private Credit Lent $560 Billion to U.S. Businesses Since 2023
According to a report from the Managed Funds Association (MFA), private credit funds have extended approximately $560 billion in new loans to American businesses since 2023, contributing to over 6.5 million jobs and an estimated economic footprint of around $897 billion. The shift is attributed to tighter bank regulations pushing higher-risk lending into the hands of alternative lenders.
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Topics: economic impact hedge funds job creation lending activity private credit