Cerebro survey finds increased competition among lenders

Cerebro Capital found in its second quarter survey that non-bank lenders saw increased demand for credit because of the booming M&A market and improving economy.

The commercial loan platform found that these lenders to middle-market commercial and industrial lenders have also seen underwriting standards and loan terms continue to ease because of increasing competition among lenders.

“We continue to see loan terms improve as demand and competition from other lenders increases,” said Matthew Bjonerud, CEO of Baltimore-based Cerebro. “To win more loans, lenders made concessions on loan terms because of . . .

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