The private credit market has become a cornerstone for small and mid-sized businesses (SMBs) facing difficulties in securing traditional bank loans, with FAVO Capital Inc. (OTC: FAVO) leading the charge in offering innovative financing solutions. The company's portfolio, which includes revenue-based funding and merchant cash advances, has benefited over 10,000 small businesses, contributing more than $138 million to the economy.
This growth in private credit, from $500 billion in assets under management in 2013 to an anticipated $1.7 trillion by 2025, reflects its increasing significance in fostering business growth and sustainability. FAVO Capital's tailored financing approaches have proven essential for SMBs, enabling them to overcome financial obstacles and capitalize on growth opportunities, thereby setting a standard for how alternative financing can enhance economic resilience.
