Overview
Private debt, a complementary and alternative financing solution to bank debt, is increasingly favored by very small businesses. Less dilutive than an equity investment by a minority shareholder, the absence of amortization and partial or total capitalization of interest are particularly well-suited to strengthening the borrower’s cash position and financing a buy-and-build strategy.
Click here to read the full article written by Pierre-Arnoux Mayoly, Shirin Deyhim and Stanislas Chenu and published in Entreprendre magazine.