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How did the pandemic change the future of lending?

 

Photo by visuals on Unsplash

Under normal circumstances, businesses facing financial hardship have a number of options to help weather the storm. The financial stresses of the Covid-19 pandemic, however, are far from normal. So, what does this mean both for lenders and borrowers?

Disruptions affecting supply chains and cash-positions eliminate the option to simply return to normal even if social distancing is no longer necessary. Also, short-term priorities are eclipsing long-term financial goals. This means that money will likely go to covering loss of income and changes spurred by the pandemic.

So, how can we adapt lending to the short and medium term changes coming our way? The European Investment Bank explains this and more in their blog.

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    […] That said, Zoom has seen its fair share of problems. Security issues and uninvited guests joining meetings raised some concerns early on. However Zoom manages these and its future road bumps will decide its future from 2021 on. Airlines and software companies aren’t the only ones facing an unclear future. See how the lending market is managing the COVID-19 pandemic. […]

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