Thalos Capital Research

Insights

Commercial finance analysis and practical guidance, equipment, working capital, asset-based lending, and strategic debt, for business owners, executives, and finance leaders across the United States and Canada.

Family Offices Now Lead Demand for Portfolio-Backed Credit, and They Are Borrowing to Acquire

Family Offices Now Lead Demand for Portfolio-Backed Credit, and They Are Borrowing to Acquire

Single-family offices now drive 65% of NAV loan demand, and 85% of that borrowing funds acquisitions, not distributions. What the shift means for owners financing against a portfolio.

Capital Markets & TrendsBorrower Advisory
Private Credit Has Never Had More Money. The Independent Owner Still Hears No.

Private Credit Has Never Had More Money. The Independent Owner Still Hears No.

Direct lending now rivals the syndicated market at $1.5 to $2 trillion, but the majority flows to sponsor-backed deals. Why non-sponsor owners get declined, and what closes the gap.

Capital Markets & TrendsBorrower Advisory
Capital Is Available. That Does Not Mean Your Deal Gets Funded.

Capital Is Available. That Does Not Mean Your Deal Gets Funded.

Private equity deal value fell 14% year over year while deal count stayed flat. In a selective market, readiness, not access, decides which borrowers actually get funded.

Capital Markets & TrendsBorrower Advisory
The Rate Cut Your Capital Plan Is Counting On Is Not Coming

The Rate Cut Your Capital Plan Is Counting On Is Not Coming

The 2026 rate cuts your capital plan assumed are gone. The Fed is on hold, banks are tighter, and capital has shifted to private credit. How to structure financing for the rate environment that actually exists.

Capital Markets & TrendsBorrower Advisory
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Commercial finance analysis and practical guidance for business owners, executives, and finance leaders across the United States and Canada.

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Thalos Capital is a boutique commercial finance origination and strategic advisory platform that works entirely on the borrower's side, analyzing the financing need, structuring the alternatives, and bringing real funding options from a vetted capital network, on deals from $50K to $100M+ across the United States and Canada.

Disclaimer

Thalos Capital is a boutique commercial finance origination and strategic advisory platform providing borrower-side advisory, structured financing support, and execution for businesses across the United States and Canada, with the exception of California, Nevada, New York, and Quebec, which Thalos Capital does not currently serve. Financing is provided by third-party capital sources and is subject to underwriting, approval, documentation, and closing conditions established by the applicable financing provider. Thalos Capital does not guarantee that financing will be available, approved, or offered on any particular terms. Thalos Capital does not raise capital; does not offer, solicit, buy, or sell securities; and does not provide investment advisory, securities dealing, or fund management services. Nothing on this website constitutes an offer, solicitation, or recommendation with respect to any security or investment, or any investment, legal, tax, or accounting advice.

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