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Month: April 2021

Impact of COVID-19 on the food and beverage industry and the retail sector

The COVID-19 pandemic has disrupted most businesses worldwide and the retail industry is no exception. With a significant decline in out-of-home consumption and restaurants and pubs remaining closed for sit-down services, the impact on such retail properties is dramatic. On the contrary, restaurants offering pick-up and delivery options are experiencing a massive spike in their… Continue reading Impact of COVID-19 on the food and beverage industry and the retail sector

Commercial lending during COVID-19: navigating the impact

COVID-19 is triggering the shift to a new economic reality across various industries and commercial lending is no exception. Although lending institutions and borrowers alike are struggling to come to terms with the norms of economic volatility, the sector is returning to positive acceleration. Banks are evaluating the influx of loan applications from small and… Continue reading Commercial lending during COVID-19: navigating the impact

AI in commercial lending: the future of automation and change

Commercial lending and credit risk assessment are currently undergoing a fundamental transformation with the adoption of Artificial Intelligence (AI) and it is here to stay. With the outbreak of the COVID-19 pandemic small and mid-sized as well as large commercial lenders are beginning to replace manual processes and cross-checks with AI-based quantification and automation. Predictive… Continue reading AI in commercial lending: the future of automation and change