Transparency gains more importance in private credit

In an environment of high interest rates and increased risk aversion, corporate governance and transparency have become decisive factors for access to credit and investment. Companies with weak structures face higher costs or financing restrictions, while predictability, reliable data, and internal controls reduce the perception of risk. This trend intensifies with new fundraising alternatives, such as the CVM's Simplified Regime, which demands greater informational responsibility from companies. Governance ceases to be a differentiator and becomes a condition for competing for capital.