Contractual failure with municipal endeavors provides the lenders serving the City of Wisconsin Dells the historical data demonstrating evidence for the increased cost to placing a business within City limits. Banking analytics categorizes this as an elevated risk and embeds credit application processes with means to better capture area specific monetary loss. This causes lending institutions to approve much lower borrowing limits for a business seeking placement within the City of Wisconsin Dells.
This leads to lenders who continue to try to serve area business owners - sending the business owner to the City to apply for CDA funding to secure an amount of borrowed money that will enable operation. Wisconsin Dells could benefit from process over sight designed to improve the timing of implementation - which delivers a more organized approach to setting up business in the City limits. Please vote Louis Kutzke for City of Wisconsin Dells mayor on April 3rd - a pro-business candidate!
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