Episode 7: Commercial Lending Through COVID – PPP and Beyond

Sep 10, 2020 · 33m 23s
Episode 7: Commercial Lending Through COVID – PPP and Beyond
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By: Samir Agarwal - https://www.wolterskluwer.com/en/experts/samir-agarwal And Special Guest - Michael Fuchs Banking Compliance Insights is a podcast series created to deliver insights on compliance trends and provide strategies for navigating...

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By: Samir Agarwal - https://www.wolterskluwer.com/en/experts/samir-agarwal
And Special Guest - Michael Fuchs

Banking Compliance Insights is a podcast series created to deliver insights on compliance trends and provide strategies for navigating today’s regulatory and risk environments. Our new podcast, “Commercial Lending Through COVID – PPP and Beyond,” focuses on how commercial lenders can stay on top of the rapidly changing circumstances, including credit assessments, to ensure they can fulfill obligations to customers during the pandemic. Here to lead our discussion on this subject is Wolters Kluwer® Vice President, Banking Compliance Solutions Samir Agarwal.  And he is joined today by Michael Fuchs, Director of Commercial Lending with Wolters Kluwer, to provide expert insight on these challenges. Samir, let me pass the conversation over to you.” 

Our experts discuss strategies for assessing funding requests and quickly evaluating the rapidly changing credit risk to portfolios caused by the coronavirus as COVID-19 has created a business atmosphere like no other where the commercial borrower is inextricably linked to the consumer on the main street. With consumers in a precarious economic state, what does that mean for the commercial borrower? Now more than ever, lenders need to stay on top of the rapidly changing circumstances, including credit assessments, to ensure they can fulfill obligations to customers.

Podcast Product Spotlights CASH Suite and Insight https://www.wolterskluwer.com/en/solutions/cash-suite

Paycheck Protection Program supported by TSoftPlus - https://www.wolterskluwer.com/en/solutions/tsoftplus/sba-tsoftplus

Advisory Services: CMS reviews, BSA reviews, Risk assessments, and Fintech partner reviews. - https://productioncm.wolterskluwer.com/en/solutions/advisory-services

Want customized compliance strategies? Sign up for a custom demo by clicking https://www.wolterskluwer.com/en/about-us/organization/governance-risk-and-compliance

Listen to more Banking Compliance Insights by Wolters Kluwer here https://bit.ly/2G8Flso

For more information and additional guidance, please visit www.WoltersKluwer.com or call 1-800-397-2341. Please join us for future podcasts focused on navigating emerging trends in regulatory compliance.

DISCLAIMER: The information and views outlined in this Wolters Kluwer Financial Services’ communication are general in nature and are not intended as legal or professional advice. Although based on the law and information available as of the date of publication, general assumptions have been made by Wolters Kluwer Financial Services that may not take into account potentially important considerations to specific businesses. Therefore, the views and information presented in Wolters Kluwer Financial Services’ communication may not be appropriate for you. Readers must also independently analyze and consider the consequences of subsequent developments and/or other events. Readers must always make their determinations in light of their specific circumstances.
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