Banks Are Tightening Lending Standards. What Should Borrowers Do Now?
By Don McClain | Founder & Principal, Medro Advisors
By Don McClain | Founder & Principal, Medro Advisors Banks tightened lending standards for small businesses and commercial real estate during the third quarter, according to the Federal Reserve’s latest loan officer survey. For owners seeking financing or facing an upcoming loan maturity, reviewing cash flow, existing debt and available collateral early can help identify potential financing options. Medro Advisors and its brands help business and property owners evaluate their financing needs and explore appropriate capital solutions.
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About Don McClain · FUNDED — forthcoming book
General educational perspectives. Individual transactions require appropriate professional review. Financing is subject to lender review and approval.