LOS ANGELES--(BUSINESS WIRE)--Direct Lending Investments LLC (www.dirlend.com), which runs the oldest and largest fund focused on buying short-term small business loans from non-bank lenders, today announced that it has surpassed $350 million dollars in assets under management. The news marks the three-year anniversary of the company, which was launched on Nov. 1, 2012 by President and Portfolio Manager Brendan Ross, a pioneer in using small business loans in client portfolios.
“These milestones are a great achievement for the firm, and demonstrate that our investment strategies and financial advice are working,” said Brendan Ross, founder and president, Direct Lending Investments, whose team of professionals has directed the purchase of more non-bank-originated U.S. small business loans than any other institutional investor. “The growth of our firm underscores the value direct lending brings borrowers and lenders.”
Direct Lending Investments is a marketplace lending and private investment firm that makes short-term, small business loans available in fund form to accredited investors looking for high income and growth without interest rate risk.
Typical small business loans range in size from $10,000 to $500,000 and are often for terms of one year or less. The borrowers are surprisingly strong credits, and the 20-year decline in bank lending to small businesses has made these borrowers available to non-bank lenders, with whom Direct Lending Investments partners. Returns from portfolios of these types of small business loans typically generate double-digit returns, without leverage.
“With rising interest rates on the horizon, investors are looking for ways to avoid sensitivity to interest rates. For savvy investors, one of the best ways to do that is the modern and innovative world of peer-to-peer or direct lending,” said Ross. “Right now, private credit is the only place where anyone can find double-digit returns without volatility. Our growth is a testament to the value of private credit as a fixed income investment that not only has the ability to improve when interest rates rise, but lacks volatility and duration risk.”
About Direct Lending
Direct Lending Investments is a direct lending and private investment firm that makes short-term, small business loans available in fund form to accredited investors looking for high income and growth without inflation risk. The firm is the general partner of the first and largest fund to focus on short-term small business loans. As the general partner, the firm continuously builds and monitors the Direct Lending Income Fund’s portfolio to ensure loan diversification, risk mitigation, and portfolio cash flow. To learn more please visit www.dirlend.com.