Edmonds Beacon - Your Hometown News Source

By Erin Schlegel
Senior Vice President, Commercial Banking Officer 

Sponsored Feature | Helping Washington Businesses Manage Supply Shortages

Local banker explains how loans can bring flexibility and stability to businesses during an uncertain time.

 

Last updated 6/17/2021 at 5:15pm

As the world emerges from the shadow of the pandemic, many industries are finding unexpected challenges as they seek to return to a level of normalcy. A global semiconductor shortage, mounting labor shortages, and inflated commodity prices are byproducts of a rapid rise in consumer demand that global supply chains are not yet poised to meet.

"Our clients in the residential construction industry are experiencing dramatic increases in input prices and extended turnaround times on delivery of certain building components," said



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