A CIT study found a large majority of middle market executives plan to invest in their business in 2018, primarily in technology, equipment and new personnel.
Interest among middle market companies in both buying and selling has increased significantly in the past year, according to the seventh annual Citizens Commercial Banking Middle Market M&A Outlook.
According to Jeff Kilrea, group head and managing director of CIT Sponsor Finance, middle market executives are more confident about future growth and are actively pursuing multi-faceted growth strategies in the coming year.
According to CIT Group’s Voice of the Middle Market study, 80% of executives in the space foresee expansion and diversification over the next 12 months.
Many challenges exist in the ABL industry today, including increased regulation and a growing number of competitors. Mike Sharkey shows how lenders can turn these challenges into opportunities for new business.
According to a TRLPC report, lenders providing debt for private equity buyouts of U.S. middle market companies are seeing an upturn in what has otherwise been a disappointing year in terms of volume.
American Express announced the launch of American Express Grow Global, a new program to help increase exporting among U.S. middle market businesses.
Middle market companies are leading job growth and making a contribution of nearly $6.2 trillion to the U.S. economy, according to the inaugural Middle Market Power Index from American Express and Dun & Bradstreet.