Private credit: what critics miss and what founders need to know | Fortune
Private credit is structured, senior secured lending by non-bank institutions supporting companies, with risk managed through covenants and protections despite growth-related challenges.
Jamie Dimon on Tricolor and First Brands crack-ups: 'When you see one cockroach, there's probably more'
Auto industry bankruptcies exposed strain in non-bank lending, prompting JPMorgan to warn of broader credit risks and tighten underwriting after a $170 million loss.