Business development companies are still lagging the market in a sign of persisting concern over the performance of loans to small and midsize businesses. Although default rates and losses in BDC loan portfolios have not been as dire as initially expected during the depth of the market panic in March, ... READ MORE >
BDCs
How business development companies can weather the coronavirus downturn
The coronavirus pandemic has taken a severe toll on the American economy, with small and midsize businesses being hit especially hard. It’s not surprising, then, that the stock prices of business development companies, which invest in small and midsize companies along with distressed enterprises, have ... 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. BDCs—the companies that invest in financially distressed small to medium-size private businesses—have yet to be ... READ MORE >