The Ups and Downs of Lending through the Business Cycle
Lending through the ups and owns of the business cycle requires understanding the needs of business borrowers as they try to survive contraction to take advantage of expansion again. The pandemic has exacerbated the downturn by roiling the normal informational flows–financial statements, industry trends, economic updates. Learn how to monitor such diverse factors as social distancing, essential vs. nonessential businesses, working from home, supply chain risk, eviction laws, etc. in gauging a borrower’s ability to repay during this pandemic.
Devon Risk Advisory Group, LLC