Financial Commute

People may cut back in a recession, but they don’t stop buying food. If you’re looking for resilient income in a world of uncertainty, “essential lending” may be a compelling place to start. In this session, Morton Wealth Senior Partner Eric Selter sits down with Rich Gammill of Proterra to explore how private credit works, why it can offer a return premium over public credit, and how lending to businesses across the food and beverage value chain creates durability through economic cycles. Rich shares how Proterra’s unique partnership structure helps generate excess return, why covenants and direct borrower relationships matter for risk management, and what they look for when deciding whether a company is truly lendable. From popsicles and pet treats to popcorn and private-label manufacturing, this conversation highlights how “boring” can be a very good thing when your goal is consistent cash flow. Tune in if you’re interested in… The difference between public credit vs. private creditWhy “food lending” can be more resilient during downturnsHow Proterra’s structure creates an edge and potential return premiumWhy covenants are a key risk-management tool in private lendingReal examples of the types of companies Proterra lends to and why