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How these Philly-area tech companies adjusted to the rising cost of funds

There’s also an increase in nonbank lenders financing big technology purchases, artificial intelligence applications, acquisitions, and other deals.

Paul Ricci, chief executive of Best Egg, and Tom Harper, nationwide head of tech lending for Wells Fargo, the third-largest U.S. bank, at the Best Egg offices in Wilmington, Del.
Paul Ricci, chief executive of Best Egg, and Tom Harper, nationwide head of tech lending for Wells Fargo, the third-largest U.S. bank, at the Best Egg offices in Wilmington, Del.Read moreTyger Williams / Staff Photographer