Blog: A golden era for specialist lending is coming
Blog: A golden era for specialist lending is coming
Abstract
In 2002, specialist lenders accounted for around ยฃ22bn of lending and had a market share of around 10%. Within five years they had trebled their lending, accounting for nearly a fifth of all new business written by value. After the financial crisis hit and Lehman Brothers imploded, the wholesale markets went into paralysis, taking away the very lifeforce powering the non-bank lending community here in the UK. The wholesale markets came into paralysis.
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