Will the long-predicted wave of defaults come to fruition? Key players in the industry provide their perspectives.

While the secured lending industry is often loath to discuss a wave of borrower defaults ahead, macroeconomic conditions would seem to point in that direction. Certainly, some industries, more than others, are feeling the heat. With inflation putting a dent in consumer wallets, retailers and distributors are most likely to see profits dwindle. And with inflation continuing to outpace wage gains, retailers are worried about sales for this upcoming holiday shopping season. It’s a critical time for retailers—a time when stores traditionally make about 20% or even more of their sales. 2022 will be a true test, as retailers try to better predict and get in-demand items into the stores on-time yet move a backlog of less-desirable inventory built up over the pandemic. 

Click here for the full article.