QUESTION FOR LENDERS IN THE COMMUNITY
Hi All - curious for feedback around the current lending environment. What type of business "profile" is getting through credit committees with the least amount of friction? Specifically, which covenants (e.g., leverage levels, DSCR) are getting the most scrutiny, and at what levels are they "clearing" the market? Both for traditional bank loans and SBA 7(a)s. Appreciating the case by case nature of this, any broad insight is greatly appreciated.