Värde commits $1.3bn in asset-based private credit deals in 2023

According to a press statement, in 2024, the firm will focus on loans and leases to small and midsize businesses, including business-essential equipment finance, receivables finance, inventory finance, and SME financing across industries such as technology, industrial, manufacturing, and specialty vehicles, as well as senior secured loans for prime and near-prime borrowers backed by financial assets, such as home equity, auto, and other titled vehicles.

The firm will also look to lend against or invest in assets or contractual cash flows that are often less correlated to other financial assets, including fund finance and homebuilder finance.

Source: Private Equity Wire

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