Kevin Griffin, CEO and CIO of MGG Investment Group, provides his unique and forthright assessment of the non-sponsored lending environment. According to Griffin, many middle-market borrowers are facing an inflection point related to inflationary pressures impacting their ability to raise top line revenue in order to insulate against rising input costs. Griffin also addresses the impact of rising leverage for lenders as well as what may lie ahead for lenders providing covenant-lite loans. As Griffin states, lessons will be learned over the coming years, and all should be paying close attention.