Business development companies are still lagging the market in a sign of persisting concern over the performance of loans to small and midsize businesses. … READ MORE >
BDCs
How business development companies can weather the coronavirus downturn
The stock prices of business development companies, which invest in small and midsize companies along with distressed enterprises, have experienced the sharpest and fastest decline since the financial crisis of 2008-9. Still, BDCs may ultimately have a better chance of weathering the storm without suffering the depression-level shocks that seem to have been priced into their stock prices. … READ MORE >
BDCs’ popularity unlikely to be slowed by recent Fed rate cut, but headwinds remain
Business development corporations are unlikely to lose their momentum in the near term, despite last week’s interest rate cut by the Federal Reserve and the ongoing trade conflict with China. … READ MORE >