From geopolitical events to tariff fallout, 2025 brought plenty of surprises, and 2026 will surely hold some of its own. Pankaj Gupta, CEO of WhiteHorse Capital, and Stuart Aronson, chair of WhiteHorse Capital, are back with the podcast to share their observations on how the lending space was impacted by the events of 2025 and their predictions for the year ahead—for the lending world and the broader M&A marketplace.

This episode is brought to you by WhiteHorse Capital. To learn more about WhiteHorse, visit whitehorse.com.

The Middle Market Growth Conversations podcast is produced by the Association for Corporate Growth. To hear more interviews with middle-market dealmakers and industry experts, subscribe on Soundcloud, Apple Podcasts, Spotify or wherever you listen to podcasts.