DISLOCATION IN FUNDING MARKETS CONTINUES

Anyone with their pulse on the finance markets should be well aware that with the regulatory spotlight firmly fixed on the major banks the sands are constantly shifting in terms of what the major banks will fund for both current and potential new clients.

The results are if you are trying to get a deal funded through this medium the timeframes to get approvals (if you can get one) are expanding or the banks are saying no to scenarios for a variety of curious reasons. The major banks are no longer tripping over each other to fund everything especially if you are a borrower who can't neatly tick all the boxes. 

This is leaving an ever increasing number of corporate borrowers unable to access their funding needs without accessing alternative funders. 

Through our lens we are seeing the above landscape translate into increasing demand where borrowers are accessing our short term capital because they need speed and certainty. It was a crazy week at Secured Lending this week including funding 3 deals in one day!

If you are in need of a fast short term commercial funding solution, please give us a call and we will assess your deal quickly.

See below for a couple of the deals funded this week