Colorado Springs Business Journal » Blog Archive » The dog days of recession for commercial lenders

The dog days of recession for commercial lenders

by Rebecca Tonn

Published: August 28,2009

Time posted: 8:36 am

Tags: commercial lending, El Paso County, recession

Commercial lending is not a business for the faint of heart. Several years ago, lenders worked overtime — scarcely able to keep up with demand. Now, they must patiently stay the course, until the market scrapes bottom before rising. Nationally, commercial and industrial lending is described in such reticent terms as “unlikely to loosen quickly.” A survey of ...

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