Report
Report
Published July 21, 2023
Commercial Commercial Insights Credit & Economic TrendsThe Summer 2023 Report contains several insights on the economic landscape impacting small businesses, among them - rising delinquencies being a significant concern. The latest Report emphasizes the need for strategic planning and careful management of debt, along with an understanding of broader economic factors that may impact small business performance.
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As interest rates soften, pent-up demand stands poised to surge once affordability shifts. Given this environment, it's imperative to reassess your lending strategy to recognize new avenues for growth. We've examined the first-time homebuyer segment to identify credit-qualified prospects and offer insights on potential opportunity areas.
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