Small Businesses Should Prepare for Lender Retreat, Industry Insiders Say

Leading invoice funding company Viva Capital says a lender retreat could potentially impact millions of small businesses across the country as financial institutions tighten their requirements and limit access to funding. The topic is covered in detail in “When Lenders Retreat: Alternative Financing Options in a Recession,” which is now live on

Financial institutions lend less and increase borrower requirements in a recessionary market or during uncertain economic times, says , President and Partner of Viva Capital. The same behavior was seen during the height of the pandemic. Approvals have not yet returned to pre-COVID levels, according to the latest Small Business Credit Survey, which already puts small businesses at a disadvantage.

“Lender pullback is the industry’s way of protecting itself from bank runs,” DiDonna explains. “Banks need to keep more money…

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