Loan Note: The rise of ARR financing; CFOs underestimate investor reporting needs

Why lenders are getting to grips with annual recurring revenue finance. Plus: investors demand more stringent reporting; and Muzinich & Co makes an insurance-focused hire. Here's today's brief for our valued subscribers only.

They said it

“Increasing signs that the world economy is entering a synchronised growth slowdown… have prompted us to forecast multiple recessions”

Taken from a Nomura Holdings research note, referenced in this Bloomberg article

First look

Why flexibility is a key demand of lenders today
Lenders are increasingly exploring the possibilities of revenue-based as opposed to EBITDA-based financings.

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