After a difficult five years, it is becoming easier for these businesses to invest and grow.
The Fed’s bond-buying policies, tightened lending standards, and the economic environment have all stacked up against middle market companies looking for funding. While large companies and start-ups have still had options, the middle market has been hardest hit by the credit squeeze.
However, according to NCMM, the latest numbers show that more businesses are starting to get the funding they need. In December, commercial bank lending reached its highest level since 2008. Meanwhile, the U.S. Office of the Comptroller of the Currency said in its January report that credit standards have appeared to relax over the previous six months.
With the Fed’s decision to slow bond buying and banks becoming more willing to lend, middle market companies are finally finding access to needed credit in order to grow their businesses.
To read the full NCMM article, please click here.