Browsing: Commercial Lending

Commercial Lending

Despite persistent pandemic-related uncertainties, optimism among small and middle market businesses is on the rebound, according to Umpqua Bank’s 2021 Business Barometer released today. More than half of middle market firms—55%—said they expect economic conditions to improve, up from just 33% a year ago, and 52% of small firms said they also expect improvement.

Commercial Lending

The American Bankers Association and a coalition of financial trade groups wrote in support today of the Adjustable Interest Rate (Libor) Act to address “tough legacy” contracts that currently reference Libor but lack adequate fallback language and can’t be amended to add it.

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