Boutique Credit – A quiet champion of the real economy
The disintermediation of bank lending has been a key feature of the financial landscape in the aftermath of the financial crisis, writes LNG Capital founder Louis Gargour. Encouraged by regulators, banks have retrenched, restricting their lending to only the largest and highest-quality opportunities, leaving smaller companies without access to traditional funding sources. This funding vacuum has quickly been filled by alternative lenders, led by large credit hedge funds, a trend that has been widely reported by the financial media. However, less attention has been paid to the emergence of smaller boutique players, who are taking advantage of this new financial landscape….to read the rest of Louis Gargour’s article in Alt Credit Intelligence click here.