Mid-market gives lenders reason for optimism

The challenges are revenue growth and productivity.

Against a background of strong economic growth and some favourable tax treatment, it appears that US mid-market companies are in generally good health. This should provide much optimism to finance providers, including private debt funds, targeting this vast universe of potential opportunity.

But while many of these businesses are seeking to invest additional capital, the start of the year has clearly presented challenges with revenue growth and productivity both taking a dip in the second quarter. Some sectors have their issues of course – and retail is one of the biggest sectors in the US mid-market.