U.S. Companies Turning to Non-Bank Providers for Credit

(Greenwich Report, 3 Pages)

A notable share of U.S. small businesses and middle market companies are obtaining credit from non-bank providers.

18 June 2014

Executive Summary

A growing number of small businesses and middle market companies are obtaining credit from non-bank providers. The most troubling news for banks—and possibly for regulators: nine out of 10 companies that borrowed from these alternative lenders say they’ll look to tap non-bank providers for credit again in the future.