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More complex borrower circumstances and demand for flexible lending structures are giving non-banks a role that extends beyond changes in bank appetite. But are borrower perceptions changing to meet the opportunities that non-banks can provide?
Firm kept lending for 18 months after warning, charging up to 55.61%
Non-bank lending is increasingly being considered earlier in the advice process, but better lender selection, stronger application narratives and realistic client expectations remain essential to securing approval