Prospect Capital Defends Funding Strategy and 20-Year Performance
Friday, 9 August 2024, 22:37
Overview of Prospect Capital's Performance
Prospect Capital Corp., a private lending institution, has proactively defended its strong record over the last 20 years. The company faces mounting criticism for its funding strategies that permit borrowers to service interest through new debt.
Funding Strategies Under Scrutiny
- Use of arrangements enabling interest payment with more debt
- Heavy reliance on individual investors for funding
Despite these critiques, Prospect Capital remains confident in its operational model.
Conclusion
The company's ability to maintain a resilient financial performance amidst criticism highlights its strategic focus and commitment to long-term growth.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.