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A very real pain, especially in my experience with commercial lending. Do you cater to more complex credit products like loans to support acquisitions? These o
by sails 3y ago
A very real pain, especially in my experience with commercial lending.
Do you cater to more complex credit products like loans to support acquisitions? These often require servicing of multiple companies in a group. This multi-entity requirement is where my frustrations are most acute, the lenders I work with catering to this more niche market.
Edit - UK based direct lending, but I’m sure the same is relevant to some extent in the US
- jess-zhang 3y agowe're not as familiar with that part & UK operations. what do u mean by "multi-entity" requirement?
- sails 3y agoLending to a group of companies, one company owning multiple. We see this where owner wants to sell and the acquisition process then includes an additional company for various reasons.