BDC Borrowers Dataset

DFX currently tracks 23,909 borrowers and 365 business development companies in the BDC Borrowers Dataset, as of 10 October 2026.

Published by DFX Intelligence. As of .

Description

Companies that borrow from business development companies, with each BDC position behind them, their facilities and the lender groups that hold them.

A company that appears as a borrower in at least one business development company's schedule of investments, resolved to one record across BDCs.

Coverage

Records
Borrowers, Business development companies, Facilities, Lender groups
Geography
United States.
Borrowers
23,909
Business development companies
365

Summary: the largest stated industries by borrowers

Industry, as the BDCs write itBorrowersFacilitiesLenders
Software353879125
Structured finance (CLO)31332527
Health Care Providers & Services177438104
Financial Services147330101
Professional Services140370100
Commercial Services & Supplies138349103
Diversified Consumer Services12032594
Services: Business9519849

From the sector exposure view. Borrowers with no industry on any schedule are left out, so the rows do not add up to the headline. Shown on Exposure by industry.

Update schedule

Recounted every time the private credit graph's published totals are rebuilt, several times a day.

Positions arrive with each BDC's quarterly and annual report, and each filing carries two dated snapshots.

Methodology and sources

Limitations

  • A position is a piece of a loan, and a sum of pieces is a lower bound: banks, insurers, private funds and CLOs hold pieces no BDC schedule shows.
  • The industry is the one each BDC printed beside the position, taken as written, so one sector can appear under two names.
  • Non-accrual status comes only from a BDC's own schedule footnote.

Cite this dataset

Recommended citation. Select the text below to copy it.

DFX Intelligence. (2026). BDC Borrowers Dataset [Data set]. Retrieved 10 October 2026, from https://dfxintel.com/datasets/bdc-borrowers

The date is the latest rebuild of the figures above. Quote a figure with its date, and link to this page so a reader can see what it counts.

Machine-readable versions

The figures, summary and sample above, and nothing more: CSV and Markdown. Cite this page, not the files.

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