Private credit tightening is making headlines. According to John Ellis’ blog, “A growing share of US consumers say they’re not seeking loans because they expect to be refused amid tight credit conditions.” This data comes from the Federal Reserve Bank of New York’s latest Survey of Consumer Expectations.
Ellis via Substack
The share of discouraged borrowers—people who need credit but don’t apply because they expect to be denied—has risen to 8.5%. While these consumers may not be New York Private Finance clients, the trend is clear: conventional lending is tightening across the board.
As private credit tightening continues, both entrepreneurs and banks are growing cautious. Traditional financing is harder to access, even for those with strong investment prospects.
That’s where NYPF comes in.
Our clients are typically high-net-worth individuals or successful entrepreneurs. They may have sizable portfolios or valuable alternative assets, but lack the immediate liquidity to act on time-sensitive opportunities. NYPF provides private financing solutions that bridge that gap.
We specialize in lending against illiquid assets—private companies, LP interests in funds, real estate, fine art, collectibles, and other valuable but illiquid assets. These types of assets aren’t always considered by traditional lenders, but our model is built around them.
As a subsidiary of a regulated bank, our access to capital remains strong, even during credit tightening. As a result, we can remain nimble when others can’t. Subject to due diligence and credit review, the window at NYPF is always open.
If you’re facing limited options due to private credit tightening, let’s talk. We help convert illiquid wealth into opportunity.
Please contact us to learn more.
