Pepperdine survey: Lenders see business borrowers’ credit quality decline, requiring more collateral
This morning our friends at The Coleman Report shared some stats out of the Pepperdine Private Capital Market Project report. It's a study of all major types of funding and contains survey data about what bankers have seen in lending trends. Among other things, one stat stands out for me: "Over the last 12 months, [lenders report] seeing decreased credit quality of borrowers applying for credit, with an increase in demand for business loans, leverage multiples and focus on collateral… Read More