The sports lending market continuously attracts new participants, some of which seem to leave almost as quickly as they arrived. However, experience and consistency are hallmarks of GSP. We have provided capital on attractive terms in periods of both market calm and disruption. In fact, in the face of the 2008 market turmoil, GSP Finance was one of few lenders in the sector that still had ample capital to grow its loan portfolio. During those disruptions, we put our capital to work for our clients and grew our loan book by underwriting new loans for our clients and by acquiring sports debt in the secondary market.
Members of GSP have been leading lenders to the sports industry over the past two decades, having underwritten more than $6 billion into the sector as Agent, Arranger or lender.* Since inception, GSP has committed over $1 billion of its own capital to loans for clients in the major North American sports leagues.
*Full credit allocated to all agent or arranger roles.