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Private credit lenders have found a new batch of clients: US government contractors shortchanged by Elon Musk’s cost-cutting drive and trying to stay afloat.

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“The government has been quite responsive to what our clients put in for reimbursement as long as they are not seeking a windfall from the terminations for convenience,” said Elizabeth Jochum, a partner at Blank Rome in Washington whose clients are government contractors.

To read the full article, please click <a href="https://www.ft.com/content/aa3699fa-2923-4207-b244-89af94c46279">here</a> (subscription required).

"U.S. Contractors Cut off by DOGE Given Lifeline by Private Credit," by Sujeet Indap and Joe Miller was published in <a href="https://www.ft.com/content/aa3699fa-2923-4207-b244-89af94c46279">Financial Times</a> on July 8, 2025.

U.S. Contractors Cut off by Doge Given Lifeline by Private Credit

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U.S. Contractors Cut off by Doge Given Lifeline by Private Credit

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