Middle Market Firms news and trends

PNC and TCW Partner on Loans to Middle Market Companies
Partnerships // May 06, 2024

The PNC Financial Services Group and the TCW Group have formalized and expanded their partnership to develop a private credit platform focused on middle market lending. The companies aim to have $2.5 billion in investor equity capital available in the platform’s first year, and expect investment activity...

Only About 60% of Middle-Market Firms Get Paid Using Virtual Cards
B2B Payments // April 29, 2024

Many middle-market businesses operate in a world of heightened uncertainty, but PYMNTS Intelligence data found that payment solutions such as virtual cards can help mitigate that uncertainty. This is one key takeaway from PYMNTS Intelligence’s recently released edition of the 2024 Certainty Project Report, “Optimizing...

Customer Demand, Supply Chain Uncertainties Costs Firms on Average $21 Million Annually
Business // April 15, 2024

Concerns about inflation and the potential for another interest rate hike are only increasing the fierce levels of uncertainty corporate CFOs must now navigate — and that uncertainty comes at a high cost. And, as PYMNTS Intelligence found in completing its “2024 Certainty Project Report,”...

Lack of Working Capital Hinders Mid-Market Performance in APAC
Spend Management // April 15, 2024

The Asia-Pacific (APAC) region contributed roughly two-thirds of global growth last year. PYMNTS Intelligence recently studied Growth Corporates, or mid-market firms, in the APAC region to determine how they leveraged working capital solutions as part of our “2023-2024 Growth Corporates Working Capital Index” series.  The...

Interviews & Exclusives
Lack of Working Capital Hinders Mid-Market Performance in APAC

April 15, 2024
The Asia-Pacific (APAC) region contributed roughly two-thirds of global growth last year. PYMNTS Intelligence recently studied Growth Corporates, or mid-market firms, in the APAC region to determine how they leveraged working capital solutions as part of our “2023-2024 Growth Corporates Working Capital Index” series.  The series, which was commissioned by Visa, also examined working capital patterns […]

The Cost of Not Knowing Is 4.4% of Revenue for Middle-Market Firms

April 02, 2024
According to PYMNTS Intelligence’s inaugural edition of “The 2024 Certainty Project Report,” uncertainty costs middle-market companies more than $20 million on average, per these firms’ CFOs. The 2024 Certainty Project...

Nearly 1 in 5 Middle Market CFOs Tap Bank Credit Lines for Working Capital

February 13, 2024
The adoption of external working capital solutions has surged among growth corporates — commonly referred to as middle-market firms — in North America. This trend is driven by these solutions’...

41% of Latin America Middle Market CFOs Tap Working Capital to Fund Growth

January 31, 2024
Latin America and Caribbean (LAC) growth corporates, commonly referred to as middle market firms, are setting the pace when it comes to the strategic use of external working capital solutions...

Quick Reads
PNC and TCW Partner on Loans to Middle Market Companies

May 06, 2024
The PNC Financial Services Group and the TCW Group have formalized and expanded their partnership to develop a private credit platform focused on middle market lending. The companies aim to have $2.5 billion in investor equity capital available in the platform’s first year, and expect investment activity to begin in the fall, they said in a Monday […]