Lenders anticipate more small business defaults in second quarter

Lenders anticipate more small business defaults in second quarter | Peer2Peer Finance News

Lenders reported higher defaults among small business borrowers in the first quarter and anticipate higher defaults again in the second quarter. as the prolonged impact of the pandemic takes its toll. The Bank of England’s quarterly credit conditions survey questions banks and non-bank lenders about the previous three months and the coming three months. to gain […]

Lenders reported higher defaults among small business borrowers in the first quarter and anticipate higher defaults again in the second quarter. as the prolonged impact of the pandemic takes its toll.The Bank of England’s quarterly credit conditions survey questions banks and non-bank lenders about the previous three months and the coming three months.

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