The FaaS Evolution by GrowthLab FaaS cover image

The FaaS Evolution by GrowthLab FaaS

What's Happening on Wall Street will Impact Bank Lending and SMB Credit

Mar 27, 2023
21:26

What happens on Wall Street impacts Main Street!! Bank lending and Small Business credit is going to be impacted by everything that is happening on Wall Street. Rolling 12 month Cash Forecasting is going to be key to survival in a credit tightening environment.


With all the talk of SVB and Credit Suisse and #TooSmallToFail 📉 


We better be ready to support #SMBs with a tightening credit cycle. The 2-Year Note dropped from 5% to 4% in a matter of 3 days, the fastest decrease since 1987!!


FP&A Teams need to refocus on mid-term rolling 12-month forecasting and long-term liquidity planning because it will impact growth plans.


CFO Teams better focus on banking relationships and strengthening them by sharing more not less about your customers.

Bank portfolios are cleaner and more transparent than in 2008, but they're holding on to CRM portfolios in the wake of the seismic change in worker behavior - Remote Work is here to stay.

A tsunami of CRM leases are coming up for renewal... 😱 


Let's connect! 👉🏼 https://www.linkedin.com/in/danielgertrudes/




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