As the European economic backdrop has improved, direct lending has gathered momentum. The 17th iteration of Deloitte’s Alternative Lender Deal Tracker shows a 15 percent increase in alternative lending deals in the 12 months to the end of Q3, and a 34 percent increase in the quarter compared with the same period of last year.
European direct lending picking up steam
The Q3 2017 version of Deloitte’s Alternative Lender Deal Tracker shows direct lending up more than a third over the same quarter last year.