- CIT Serves as Sole Lead Arranger of $56 Million Financing for Container Ships
- Flight Rules for Risk Management - Top Takeaways from NASA's Norman Knight
- Gerber+ Funds Prominent NY-based Real Estate Holding Company
- Melinda Fricke Joins Pacific Western Bank as SVP, Business Development Officer for Asset-Based Lending in North Texas
- SFNet Provides Summary of Economic Aid Act
Guarded Optimism Prevails as Executives Chart the Future
August 1, 2019
By TD Bank
Ten years is a long time, but for many business leaders the Great Recession's stark impact on credit availability lingers in memory. As the supply of credit rapidly diminished in 2009, companies had difficulty securing needed external capital for growth and innovation, such as market expansion and operational improvements. For some companies, the severe credit crunch affected their ability to remain in business.
Constantly reminded that another recession is to be expected, business leaders worry about the availability and price of debt once it emerges. Indicators of an approaching recession include the May 2019 report of a slowdown in employment and the occasional rearing of the inverted yield curve, an interest rate environment in which long-term debt has a lower yield than short-term debt.
To Read More Please Sign In
Subscribers to TSL can sign in to your account to view content. Simply click the “sign in” button on top your screen and enter your credentials, and the content will appear below. Please note employees of SFNet member organizations are entitled to a complimentary subscription. Nonmember subscription rate is $65 per year. If you are not a subscriber to The Secured Lender click here, once you have subscribed, please logout and login again and the content will appear below.