For the past two years, small businesses and mid-sized companies have become increasingly positive about the status of their banking relationships. Qualified borrowers have seen widely available credit at extremely favorable terms and conditions and have further benefited from banks competing aggressively for sparse loan business. Banks, however, have been forced to incur steep compliance costs associated with new regulations, while waiting impatiently for a recovery in loan demand and borrowing activity.
MethodologyThe Greenwich Market Pulse is an ongoing research series that addresses the most important and timely issues facing small ($1mm-$10mm) and mid-sized ($10mm-$500mm) company owners/executives and their banking relationships. The current studies were conducted in Q4 2014 with participation from 125 companies representing 58 small businesses and 67 mid-sized companies.
The findings reported in this document reflect solely the views reported to Greenwich Associates by the research participants. They do not represent opinions or endorsements by Greenwich Associates or its staff. Interviewees may be asked about their use of and demand for financial products and services and about investment practices in relevant financial markets. Greenwich Associates compiles the data received, conducts statistical analysis and reviews for presentation purposes in order to produce the final results.
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