Episode 7: Commercial Lending Through COVID – PPP and Beyond

Banking Compliance Insights By Wolters Kluwer

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.
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