Credit Conditions Brighten for Small Businesses
The Experian/Moody’s Analytics Small Business Credit Index shows credit balances growing and delinquency rates dipping to cyclical lows.
Cost-Saving Idea: Don’t Take Credit Cards
Credit cards are increasingly used in business-to-business transactions, and the associated fees are cutting into profitability, says REL.
Banks Cutting Spreads to Win Borrowers
Tighter spreads, lower credit line fees, fewer interest-rate floors, looser covenants — banks continue to ease terms to build their business loan books.
Bank Lending in Emerging Markets Worsens
The deterioration reflects weaker economic performance in many developing economies, says the Institute of International Finance.
Lending Where Banks Fear to Tread
Nonbank lenders and other sources of private capital will often provide financing to small and midsize companies when banks won’t.
The Red-Hot Middle-Market
Neil Wessan, group head of CIT Capital Markets, explains how the financing giant is staying disciplined in its underwriting.
Calm, Cool and Collecting
How HVAC giant Lennox International transformed its credit and collections function.
Leverage Ratios Surge at Large Companies
More than 350 U.S. firms now have a thinner earnings cushion to cover the debt on their balance sheets.
Is Financial Leverage Good for Shareholders?
Although high debt levels are touted to be shareholder-friendly, highly levered companies do not deliver higher returns.
The credit crunch was supposed to have ended with the global financial crisis. But favorable terms seem to have vanished for good.