12-05-2025
Small Private Credit Loans Weakening Fastest, Moody's Says
Loans taken out by smaller companies weakened at a faster rate between 2023 and 2024 than those by bigger companies, yet overall credit quality remains stronger than before the pandemic, according to Moody's Ratings.
The share of small middle-market companies with weak liquidity climbed about ten percentage points to over 30% during the period, Moody's said in a report on Monday. By contrast, for those with more than $50 million in earnings before interest, tax, depreciation and amortization, the share with weak liquidity rose only slightly to less than 20%, the ratings firm said.
