Ari Lefkovits, managing partner at Delos Capital, shares insights on hybrid capital solutions aimed at helping SMEs deal with high borrowing costs. The discussion uncovers trends in the private credit market, revealing the shift towards co-op agreements among lenders and the evolving default process. Lefkovits also highlights how hybrid capital can provide financial advantages amidst inflation and tariffs. This conversation offers a fascinating look at the current financial landscape and its implications for small businesses.