Will there be CRE and C&I exposure in your commercial loan portfolio once the PPP stimulus ends? While the PPP program has certainly granted relief to many small businesses, others may find themselves still struggling. Many industries will find their local economies slow to recover, affecting the abilities of small businesses to meet their obligations.
Early detection, pre-emptive identification, and carefully monitored management actions can help your institution prepare. These actions need to be taken today to substantially reduce your commercial credit delinquencies and charge-offs in late 2020 and into 2021.
The Square 1 Credit Suite can help to protect your bank and credit union MBL capital during these challenging times. At Suntell, we can FastTrack the implementation of monitoring your watch list commercial and ag credits. Click here to learn more about the FastTrack option.
