Mid-market commercial lending may be typically defined as borrowers
I. with sales revenue between $5 million and $100 million.
II. with a recognizable corporate structure.
III. with ready access to deep and liquid capital markets.

Question

Quizplus · Accepted Answer

Mid-market commercial lending is typically defined as lending to borrowers with sales revenue between $5 million and $100 million and a recognizable corporate structure. These borrowers are often too large for small business lending but do not have the same access to capital markets as large corporations, hence they seek mid-market commercial lending instead. Therefore, options I and II are correct while option III is incorrect.

Mid-Market Commercial Lending May Be Typically Defined as Borrowers