April 02, 2006

Loans From Hedge Funds

Are you looking for funds to bail your company out of trouble? Try turning to hedge funds as now this sector is offering loans for all sizes and scales of companies including small operators, like payday lenders and technology firms, to large automotive companies, retailers, and so on.
US News reports:

With banks shedding some of their corporate loans and becoming tighter in their lending, yield-hungry hedge funds have rushed in to exploit other areas of the debt market. Hedge funds are attracted to such loans because they help diversify their investments, have had low default rates, and offer double digit yields.

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