Key Considerations for Commercial Lenders

The economic effect of measures taken to control the spread of COVID-19 is going to have an adverse effect on many commercial borrowers. The magnitude of such effect will depend on the nature of the borrower’s business and how it is affected by the material disruption of supply chains, softening demand for goods and services, non-payment of receivables, and non-performance under contracts as the borrower or third parties may be unable or unwilling to fulfill obligations. Borrowers are reassessing budgets and forecasts, and actively seeking access to available debt capital. read more