Even Australia’s biggest companies are turning to private credit for funding
Exclusive research suggests top corporates — not just SMEs and real estate developers — are seeking private credit funding instead of traditional bank loans.
Major Australian corporates are following the lead of smaller organisations and increasingly looking at private credit as a more flexible alternative to traditional sources of funding such as bank loans.
That is one of the key takeaways to emerge from an exclusive research partnership between East & Partners and Capital Brief on one of the fastest growing segments of Australian finance.
East & Partners asked the Top 100 Australian companies ranked by revenue about their attitude to private credit and found a more than 40% increase in interest in the asset class.
The study found that 39% of corporates with turnover greater than $725 million had either sourced private credit recently (15%) or plan to do so (24%). Six months earlier in October 2024, that figure was just 28% (12% had sourced private credit, and 16% were planning to do so).
