Quote:
Originally Posted by sebastian_dangerfield
I don't see businesses looking for loans. But my info on that is as much anecdotal as empirical, and I have seen many articles saying lending is up, so I'll defer to you on that. The question then becomes, what kind of loans? I highly doubt any to expand and take on new hires.
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I have a few clients who are actually back to fighting over good credits (read: dropping protective covenants and lowering rates and fees in order to win business). That's a good sign, but most of these deals are being done to replace the loans entered into over the last 2 1/2 years where the Borrowers were getting smashed on pricing.
TM
