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30% of Mid-Market Lenders dropped rates to compete for borrowers in 1Q21

Share this article BALTIMORE, May 6, 2021 /PRNewswire/ Cerebro Capital, a commercial loan platform, today released its Federal Reserve s 1Q21 survey of commercial banks to illustrate a comprehensive perspective of corporate lending to middle-market borrowers and how it compares to the previous quarter. Cerebro s quarterly non-bank lending survey was initially launched in the second half of 2020 to provide deeper insights into the $3T credit market and commercial banks compared to non-bank lenders in 1Q21. The 1Q21 survey was completed by Vice Presidents and Managing Directors of alternative lenders that target middle-market borrowers and offer loan sizes of between $2 million and $100 million.

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