---
title: The state of business lending report | Codat
description: Learn how economic shifts are influencing the business priorities and product strategies of key decision-makers at non-bank lenders. Download the report.
image: https://info.codat.io/hubfs/1.png
---

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#### Industry insider report

## The state of business lending

![Site img 1 - Card report - no background](https://info.codat.io/hs-fs/hubfs/Site%20img%201%20-%20Card%20report%20-%20no%20background.png?width=700&height=406&name=Site%20img%201%20-%20Card%20report%20-%20no%20background.png "Site img 1 - Card report - no background")

[![Download report](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25731646/80e037e0-c2e8-4bfa-993b-01e3a80a8238.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25731646/80e037e0-c2e8-4bfa-993b-01e3a80a8238)

## About the research

 

Listen to Codat's Head of Product Marketing and Content, Gabby MacSweeney, discuss the main themes of the report in this video.

 

To dive deeper into the findings, download the full report below.

[![Download report](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25731646/80e037e0-c2e8-4bfa-993b-01e3a80a8238.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25731646/80e037e0-c2e8-4bfa-993b-01e3a80a8238)

## How are economic shifts influencing business priorities and product strategies?

 

Non-bank lenders are facing some serious obstacles right now. From reduced customer demand to increased competition from incumbent players, many of these challenges are being caused by rising interest rates. 

 

How is the macroeconomic situation affecting business models and strategic priorities, and how are innovative providers adapting to withstand the tough trading environment? Our **state of business lending report** has the answers. Featuring survey data from +100 senior leaders at non-bank lenders in the UK & USA, it examines:

 

- The current state of play in the market 
- The biggest barriers to growth
- The impact of economic challenges
- The product strategies and emerging trends in the space

### 79%

say the economy is hurting their business

### 40%

say their business has grown in the last 12 months

### 19%

say they’re losing out to traditional banks

### 53%

say they're launching new products as a priority 

![Website 2](https://info.codat.io/hs-fs/hubfs/Website%202.png?width=1690&height=980&name=Website%202.png)

## What to expect

For the first report in our Industry insider series, we examine the challenges faced by non-bank lenders in the UK and USA.

With the help of the global research company Censuswide, we spoke to 115 senior stakeholders from product, risk, strategy, and leadership at non-bank lenders to understand the state of play, the barriers to growth, and precisely how these firms are adapting their product and business strategies to the current conditions.

[![Download report](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25731646/80e037e0-c2e8-4bfa-993b-01e3a80a8238.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25731646/80e037e0-c2e8-4bfa-993b-01e3a80a8238)

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