Commercial Loan Market to Reach $29.37 Billion Globally by 2030 at a CAGR of 13.1%: AMR

PORTLAND, Oregon., February 16, 2022 /PRNewswire/ — Allied Market Research recently released a report titled, “Commercial Loans Market by Type (Unsecured Loans and Secured Loans), Company Size (Large Enterprises and Small & Medium Enterprises) and Vendor (Banks and NBFCs): Global Opportunity Analysis and Industry Forecast, 2021 -2030″. According to the report, the global commercial lending industry has been accounted $8.82 billion in 2020, and should reach $29.37 billion by 2030, growing at a CAGR of 13.1% from 2021 to 2030.

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Drivers, constraints and opportunities

Access to large sums of money, shorter loan application processes and low interest rates have driven the growth of the global commercial loan market. However, strict qualification criteria and repayment schedules are hampering market growth. On the contrary, technological developments in commercial lending would open up lucrative opportunities in the future.

Covid-19 scenario

  • The Covid-19 pandemic has had a remarkable impact on the commercial loan market due to the increase in commercial and industrial loans, with the majority of businesses suffering losses.
  • Several banks said they were overburdened by increased business load during the pandemic as businesses continued to seek financing.

The secured loans segment held the largest share

By type, the secured lending segment held the largest share in 2020, accounting for nearly three-fifths of the global commercial lending market. Furthermore, the segment is expected to register the highest CAGR of 14.6% during the forecast period, owing to the growth in the real estate sector.

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The large enterprise segment dominated the market

By enterprise size, the large enterprise segment held the lion’s share in 2020, contributing almost three-fifths of the global commercial loan market, owing to the growing need for sophisticated and developed facilities and services for large enterprises . However, the small and medium-sized business segment is estimated to show the highest CAGR of 15.4% from 2021 to 2030, due to the increase in the number of entrepreneurs who aspire to start a new business or change and expand an existing facility.

Asia PacificFollowed by North Americaheld the largest share

By region, the market across Asia Pacificfollowed by North America, dominated in 2020, holding more than two-fifths of the global commercial loan market. In addition, the region is expected to show the highest CAGR of 15.1% during the forecast period, due to government guarantee, increase in the number of load deferrals and payment holidays.

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Main market players

  • American Express Company
  • Swiss credit
  • Foundation Group LLC
  • Checkout
  • Funding Circle
  • Goldman Sachs
  • Cabbage
  • LoanBuilder
  • Merchant capital
  • On the bridge

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. Allied Market Research CEO Pawan Kumar helps inspire and encourage everyone associated with the company to maintain high quality data and help clients in every way possible to achieve success. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.

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