Banking and Lending Pros: Gratitude Series Part 2
When quarantine went into effect around the globe, and many people were told to shutter their “non-essential” businesses, panic surged through the economy. The people who stood tall in faith were the bankers. Their message was clear and concise: “Our economy is strong. We will get through this.” Lenders have so often been demonized in our culture, and although it is true that predatory lending practices have led to hard times even in recent years, the truth is our banking system has maintained consistency and stability in good times and in bad. When the Fed announced a Small Business Loan program, the bankers and the lenders of the world went to work. They have been tirelessly answering calls and reviewing applications from around the world to make sure that people had two basic necessities: funds to survive the immediate crisis, and resources to plan for the uncertain future beyond the pandemic. These heroes in the lending industry have funded loan packages without taking