UK: FUNDING FEAST.

UK: FUNDING FEAST. - The staple diet of corporate borrowers is no longer the bank loan. The world of finance is now a wonderland where products can be mixed and matched to suit all tastes.

by Richard Thomson.

The staple diet of corporate borrowers is no longer the bank loan. The world of finance is now a wonderland where products can be mixed and matched to suit all tastes.

Consider, for a moment, this remarkable statement by the corporate treasurer of a leading British multinational. 'Around 10 years ago, I would say that roughly 90% of our funding was through bank loans. Within five years that had completely changed. Around 90% of our funding now comes from sources other than banks.'

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