2019 Financial Roundtable: Dollars and Sense
Dealerscope: Please give us your quick take on the status/current health of the retail industry.
Chad Lyon, Managing Director, Wells Fargo Commercial Distribution Finance: At Wells Fargo CDF,
we are seeing positive trends specific to our business and I think it’s because the retail environment seems to be pretty healthy. Heading into 2019, it started off how we expected but I do think the government shutdown added an element of uncertainty followed by new questions on individual tax refunds. However, based on our internal data, our credit lines remain in good ranges and the feedback from customers on their business is optimistic.