Non Bank Lenders: Harper-Digital Nonbank Lenders
Nonbank lenders offer funding to small businesses with less-than-stellar credit. They are a growing source of financing and provide several benefits over banks. Over the 1990s, new syndicated lending by nonbank arrangers grew twentyfold and now accounts for a substantial share of total syndicated lending in most countries and sectors (Graph 1, left-hand panel). Their… Read More »