One year ago, rates were extremely low - as they had been since 2008, with the overnight SOFR at 0.03%. Today SOFR is 2.27% - a whopping 7,567% increase. All-in pricing for the most creditworthy borrowers is 2% - 4% higher than a year ago
Raising outside capital is a big step for any company. It can unlock new growth opportunities, whether you're looking to expand operations, invest in new technology, or acquire another business. However, wanting to raise capital and being ready to do so are two very different things.