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Latino Business Recovery From Pandemic Crisis Is Nascent And Fragile


Latino Business Recovery From Pandemic Crisis Is Nascent And Fragile
CAMINO FINANCIAL RELEASES 2021 FIRST QUARTERLY SURVEY OF U.S. LATINO SMALL BUSINESS CREDIT TRENDS
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LOS ANGELES, May 26, 2021 /PRNewswire/ The first quarterly Camino Financial U.S. Latino Small Business Credit Survey offers insights on credit trends and the impact of COVID-19 on microenterprises between January 2021 to March 2021. Our Q1 2021 survey highlights about 12% of Latino-owned businesses (LOBs) received COVID relief from the government. Our analysis also indicates a gradual, yet still fragile recovery among LOBs.
Other key insights from the survey include: ....

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Latino Business Recovery From Pandemic Crisis Is Nascent And Fragile

Latino Business Recovery From Pandemic Crisis Is Nascent And Fragile
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Prevent attrition and win new relationships with loan options
 – Bankless Times


Prevent attrition and win new relationships with loan options

The following is a guest post from Tucker Mathis, the CEO of FINSYNC, a consolidated cash flow management platform focused on helping businesses grow. Mr. Mathis has dedicated nearly 20 years of his career to the fields of software and lending, helping companies to raise capital and better drive sustainable business results. FINSYNC’s intuitive online tools help automate payments and accounting, and provide valuable insight through cash flow analysis. FINSYNC’s lending network gives businesses access to fast, affordable financing. Connect with Tucker on LinkedIn and follow @FINSYNC on Twitter.
How risk-averse banks can prevent attrition, protect deposit business and build new long-term relationships by offering small business clients lending options.  ....

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