#private credit
6 articles found
Private Debt: Strategic Business Funding
A borrower guide to direct lending: who qualifies, 2026 pricing, how much debt a company can carry, covenants, call protection, and what happens in trouble.
Leveraged Buyouts in 2026: How the Math Works, Where Returns Come From, and What Breaks Them
How leveraged buyouts work in 2026: capital structure, a worked LBO with return attribution and stress tests, the interest deduction limit, and why deals fail.
Distressed Debt Investing: Fulcrum Securities, Chapter 11 Math, and the Rise of Lender Fights
How distressed debt investing works in 2026: recovery waterfalls, the fulcrum security, Chapter 11 voting, lender fights, and how individuals invest.
Mezzanine Financing in 2026: What It Costs, How PIK and Warrants Work, and When It Beats Selling Equity
How mezzanine debt works for mid-sized companies: where it sits, its real cost with PIK and warrants, a worked comparison with selling equity, and key terms.
Alternative Investments: How to Size Them, What They Cost, and How Liquid They Really Are
A practical guide to alternatives: who can invest, fee math, capital calls, why smoothed returns mislead, and what the 2026 private credit gates showed.
Private Credit Investing Guide
How private credit makes and loses money: real loan terms, why default rates disagree, what BDC fees and borrowing cost, and 2026 redemption limits.