))
Omega Performance Knowledge Series Podcast – The Balancing Act: Balancing Sales Goals and Risk Management in Small Business Lending
Manage episode 150704041 series 1004403
Content provided by Omega Performance: Improving Business in Financial Services. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Omega Performance: Improving Business in Financial Services or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Small businesses are among the groups being hardest hit by the current credit crunch—partly because so many small businesses depend on the owner’s home equity as their collateral for their loans, and partly because lenders aren’t yet prepared to change course and perform their analysis a different way. Instead of cutting off the flow of small business loans, it’s time for lender to rethink their risk assessment criteria. Small business lending is far from dead—instead, it could well be an effective newgrowth strategy to boost sales during a time of credit stress
10 episodes
Share
