Pasadena Private Lending Tops $500M as Private Credit Grows Rapidly

2 North Lake Ave in Pasadena.

Pasadena Private Lending, Inc. has reported that it has surpassed $500 million in total loans since its founding in 2018, with a notable acceleration in originations over the past year.

By News Desk

The firm says it added more than $100 million in new loans in the first half of 2026 alone, reflecting rapid growth in the lower middle-market private lending space.

The lender also highlights what it describes as a “zero-loss” credit record since inception across more than 80 borrowers in 40 industries. While uncommon at this scale and in this segment of private credit, the claim has not been independently detailed, leaving open questions about how losses are defined and whether credit issues have been deferred or restructured rather than recognized as write-offs.

Growth has been supported by multiple capital sources, including a reported credit facility expansion from KeyBank and a strategic capital partnership with Eagle Point Credit Management, underscoring the firm’s reliance on institutional funding channels to scale its lending operations.

The company positions itself within the broader expansion of private credit, where non-bank lenders have gained market share as traditional banks tighten underwriting standards for middle-market borrowers.