# Professor Gustavo Schwed is quoted in a story on recurring revenue loans

1 Faculty News September 20, 2019 ![Bloomberg logo](/sites/default/files/styles/246w/public/assets/images/bloomberg192x144.jpg?itok=yV529lwz)>

Excerpt from [Bloomberg](https://www.bloomberg.com/news/articles/2019-09-20/easy-credit-s-latest-twist-loans-to-companies-with-no-income) -- "'The market is getting more aggressive as it often does towards the top of the cycle,' said [Gustavo Schwed](https://www.stern.nyu.edu/faculty/bio/gustavo-schwed), a former partner at private equity firm Providence Equity Partners who is now a professor at New York University Stern School of Business. 'That’s when people get creative.'"

[Read more](https://www.bloomberg.com/news/articles/2019-09-20/easy-credit-s-latest-twist-loans-to-companies-with-no-income)