If you haven't asked your CPA about their AI strategy yet, now's the time. A growing number of accounting firms, including small practices with fewer than 10 employees, are using AI tools to speed up tax research, automate bookkeeping, and free up time for higher-value...
By Michael McAdams, President, Pasadena Private Lending The first half of 2026 has been busy for PPL after we doubled our capital in late 2025. With that "dry powder," besides increasing credit facilities to existing clients, we made loans to 16 new borrowers totaling over $125MM...
By Michael McAdams, President, Pasadena Private Lending At Pasadena Private lending, we are at our roots credit people. That means we are practical and a bit on the skeptical side. To quote a former U.S. President, we "are trusting but prefer to verify." It also means...
By Michael McAdams, President, Pasadena Private Lending We often hear from our many borrowers about what they are doing to minimize risks from a variety of computer security and cybercrime exposures. For example, we have seen hackers try to commandeer a borrower's wire instructions and send...
The five things a lender sees that you've stopped noticing By Brad Feldman, Managing Director, Pasadena Private Strategic Advisors Here's a question most owners never ask themselves: If you weren't running your business, would you lend it your own money? Not as the founder who knows where...
By Michael McAdams, President, Pasadena Private Lending We are asked a lot lately about what to expect from the economy in this time of Mideast war. But it isn't clear if we are in a wartime economy or just in an economy impacted by wartime influences,...
A Borrower Profile: FreeFall Aerospace and the Entrepreneurial Second Act of a JPL Pioneer There is a certain kind of entrepreneur who doesn't set out to build a company - they simply reach a point where the opportunity is too important to ignore. For Doug Stetson,...
Pasadena Private Lending is clearly in the private credit business. We are experienced lenders trained at a variety of major financial institutions and traditional banks, and frankly, the team are all refugees from firms that because of regulatory abuse by the few, the many were...
Two years ago, Pasadena Private Lending (PPL) was approached by a successful entrepreneur, Nicholas Canosa, through a well-known and respected intermediary. Nicholas had founded an advanced waste processing and recycling company and was seeking a loan to provide working capital for two technologically related spin...
By Michael McAdams, President, Pasadena Private Lending Let’s say you’re a hard-working entrepreneur who has had a few bad months for whatever the reasons (it happens to the best business owners). But you also have been trying for three years to acquire a competitor that has...