PALM BEACH, Fla, Nov. 3, 2022 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - The Debt Financing market has been growing in recent years during the pandemic and is expected to continue to grow and thrive in the coming years at a substantially increasing pace. The Debt Financing is a technical term for borrowing money from an outside source with the promise to return the principal plus the agreed-upon. Debt Financing is offered by banks, financial institutions, NBFCs in form of secured and unsecured bonds, & loans. One of the biggest benefits of debt financing is that borrower won't be giving up his/her ownership of the business. Other advantage of debt financing are low interest rates, tax deduction benefits. A report from ResearchAndMarkets projected that the debt financing market is poised to grow by $16.17 bn during 2022-2026, accelerating at a CAGR of 9.66% during the forecast period. It added: "The market is driven by tax-deductible debt interest costs, preserves company ownership, and lower interest rates… This study identifies the increasing collaboration and mergers and acquisitions as one of the prime reasons driving the debt financing market growth during the next few years. Also, the availability of several ways to approach debt financing and surge in demand from APAC will lead to sizable demand in the market." Active companies in the markets this week include Mill City Ventures III, Ltd. (NASDAQ: MCVT), Affirm (NASDAQ: AFRM), LendingClub Corporation (NYSE: LC), OneMain Holdings, Inc. (NYSE: OMF), Goldman Sachs Group, Inc. (NYSE: GS).
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