The Evolution of Credit Unions and Business Lending

In this episode of the Credit Union Sales and Marketing Podcast, hosts Bill McKenna and Paul Robert welcome Mark Ritter, CEO of MBFS, to discuss the evolving landscape of business lending within credit unions.Mark shares his extensive experience in small business lending, the importance of building relationships with members, and how credit unions can effectively serve their local business communities. The conversation highlights the growing interest in business lending, the types of loans in demand, and the role of CUSO in supporting credit unions.Takeways:·      Building relationships is key in business lending.·      Credit unions serve their members, including small business owners.·      The landscape of business lending is evolving post-pandemic.·      Credit unions can enhance their bottom line through business lending.·      Proactive communication is essential for cultivating business relationships.Keywords:#creditunions #businesslending #MarkRitter #commerciallending #smallbusiness #CUSO, #financialservices #communitybankingHosts:Bill McKennaPaul RobertGuest:Mark RitterMBFS