You may pay more and see tougher covenants the next time you renew your out of home bank loan. The April 2023 Federal Reserve Bank Senior Loan Officer Opinion Survey found that 50% of banks are tightening their commercial and industrial loan standards and that 60% of banks are raising […]
Insider hears from readers that banks are tightening lending standards. This is important because many out of home companies use debt for acquisitions and to finance new sign construction and digital sign conversions. Data from the Federal Reserve July 2020 Senior Loan Officer Survey on Bank Lending shows that 70% […]
