As chief executive of the B2B financial planning platform Abacum, Julio Martínez has a front-row seat to monitor macro trends in corporate finance. That’s enabled him to track the boom in private credit—that is, companies borrowing money from non-bank lenders—over the last five or so years.
“In 2021, maybe 2022 and some subsequent years, naturally, a lot of businesses went into the market and borrowed significant amounts of money,” Martínez says. “We see our customers incorporate those credit facilities or their plans to borrow money from private lenders in their financial plans.”
