Tatum Survey: Lending Improving, But Still Tight
In its latest monthly survey of its executives and consulting professionals, Tatum LLC reports that U.S. business conditions remained essentially unchanged from early August. While there was an improvement in the availability and pricing in capital, the survey indicated ongoing concerns:
"We continue to hear stories about bank regulators forcing banks to call loans, curtail credit and raise underwriting standards, thereby creating increased concern about availability of credit for all but the most credit-worthy customers."
For the summary of September's Tatum Survey of Business Conditions, please click here.