NEW YORK, NY, January 13, 2016 – Bryant Park Capital (“BPC”), a leading middle market investment bank with a focus in the specialty finance industry, has published a Merchant Cash Advance (“MCA”)/Small Business Financing Industry Report – the first report of its kind. The report provides a comprehensive study of the industry, which has experienced tremendous growth since the shrinkage of traditional banks’ lending to small businesses in the wake of the Great Recession. Annual dollars funded in 2015 reached an estimated all time high of $10.7 billion. Estimated and projected figures below are based on BPC industry research including data derived from the recently published Bryant Park Capital/deBanked Small Business Financing CEO Survey. Joel Magerman, Managing Partner and CEO of BPC commented, “Given the tectonic structural shifts in the space with the traditional banks largely retreating from small business lending, merchant cash advance companies and other small business lenders have stepped into this void making capital to small businesses available at great speed and efficiency, albeit at a higher cost of capital, enabling them to do so profitably. The tremendous growth of this sector was also facilitated by the flow of institutional capital into the larger, more established of those companies, which has solidified their presence.”
The report outlines key industry factors, including (but not limited to):
- A regulatory overview
- Historical developments
- Top funding sources
- A thorough list of M&A and capital raising transactions
If you are interest in the full report, please contact Bryant Park Capital directly.