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The 2020 Business Lending Readiness Survey: Preparing Now for Economic Uncertainty Ahead

In Abrigo’s 2020 Business Lending Readiness Survey, more than 300 lenders, credit analysts, chief credit officers and chief risk officers, as well as other professionals involved in the lending and credit risk process at banks and credit unions painted a picture of the challenges they currently face related to driving loan growth and managing credit risk.

Many respondents’ institutions have processes that add costs, delay turnaround times, and can lead to inconsistency in pricing and risk management, or worse yet, unhappy customers and staff.

Download this whitepaper to:

  • Understand the risk appetite and portfolio strategies of other institutions
  • Learn where the largest roadblocks are throughout the commercial lending process
  • Compare loan turnaround times to other banks and credit unions
  • Discover ways to improve current institution processes