Business hasn't stopped. Neither can your bank.
For banks on solid ground with credit, there are deals to be done. Businesses are still looking for funding. This period could be an opportunity to win market share for banks that can look to grow when many competitors are pulling back.
A Recession is the Time for Banks to Get Ahead
Economic downturns are usually a call for banks to batten down the hatches. But not banks that have an infrastructure that allows for quick responses to real, tangible effects that land on their balance sheet. With this agility comes opportunity. Instead of hiding to avoid any and all risk, these banks can proactively take market share when the competition starts passing on too many deals.
Steer Your Commercial Portfolio With PrecisionLender
Market conditions have shifted, and bank goals are changing, as a result. Now is time for your to analyze your portfolio, set a different course, and ensure that your front-line relationship managers take actions that align with your bank's strategy. Learn how PrecisionLender can turn these daunting to-dos into a reality.
Your digital transformation resources
Want more market share? We can help.
Learn how more than 200 institutions worldwide use PrecisionLender to price and structure winning deals that meet the needs of both the borrower and the bank.
PrecisionLender, a Q2 company, is modernizing commercial banking. Its sales and coaching platform empowers bankers with actionable, in-the-moment insights, so they win better deals and build strong, more profitable relationships. Andi®, PrecisionLender’s digital enterprise coach, augments banker strengths and intelligence with the latest technology and data, delivering the best recommendations at exactly the right time. 13,000+ bankers at approximately 150 banks—ranging from under $1B to over $1T in assets—use PrecisionLender’s solution. Set your bank apart with PrecisionLender’s applied banking insights.