
A Lender’s Guide to Surviving an Economic Downturn
Recent instability in the market, rising inflation, and supply chain issues caused by the pandemic are creating an uncertain climate for commercial lenders and small business owners. Things may look ominous but there are real strategies to survive and even thrive during these changing times. There are real opportunities for commercial lenders when the market hits a downturn. Alternative lenders have much to gain during these time by diversifying their lending portfolio, implementing a cloud based loan underwriting system to cut down on costs, and investing in a loan origination system that can capture borrowers faster.