During the
credit crunch, alternative lenders — cash advance companies, accounts receivable
funders, factors, and micro lenders — took advantage of the slowdown in bank loan volume.
«The news this morning that the SFO has brought charges not only against Barclays regarding its raising of
funds from Qatar
during the
credit crunch, but also its former chief executive and 3 other senior officials, is a bold move by the SFO, the likes of which we have never seen before from events spinning out of the 2008 financial crisis.