A third of commercial finance brokers struggle to find lenders prepared to fund business acquisition deals, an Asset Advantage survey reveals.

The survey questions commercial brokers on a range of topics to determine the state of play and changing demands of the commercial finance market.

Data found that two-in-ten brokers said they find it hard to secure the right loan value for potential acquisitions.

Respondents also shared challenges with securing all the necessary information, as well as understanding both the mechanics behind acquisitions and the appetite of funders.

Just over half (57%) of brokers have been successful in obtaining funding for business acquisitions.

Asset Advantage credit and risk director Philip Knight says: “Even in the challenging climate of the last couple of years, the strategic need for acquisitions and MBOs continues – as does the need for help funding these deals.”

“Our latest research highlights a real issue though, with commercial brokers being held back by lender appetite, loan values and in some cases, a lack of knowledge to capitalise on these deals or find the right lenders.”