As the impact of the coronavirus pandemic continues to affect the trading performance of UK companies, lenders are assessing their response to the challenging conditions they find themselves in.
In July, RSM conducted a survey of 182 lending professionals across high street clearing banks, challenger banks, asset-based lenders and private debt funds. The results showed that lenders have been supportive of their existing clients, are now ready to lend new funds to support M&A and other event-driven transactions, but not without caution as expectations of insolvencies are rising amidst the pandemic.
Download our report to see an analysis of the survey results, giving a snapshot of UK lender sentiment during the coronavirus pandemic. The report also discusses lenders’ attitudes to existing clients and the challenges of completing deals and deploying funds in this climate.