2021 Business Lending Survey Results
Despite new pushes toward digital transformations, many financial institutions continue to use manual lending processes that add costs, create delays, and make their staff work harder than they must, according to a 2021 survey by Abrigo. With nearly 250 respondents, this survey highlights some of the key challenges that lending and credit teams face with commercial or business lending.
Download for benchmarks and insights into:
- Commercial loan turnaround time
- Biggest obstacles for lending teams
- SBA lending plans after PPP
- Progress with digital lending transformation plans