For Commercial Loan Officers ·
What you'll accomplish
You'll generate a professional, credit-focused industry analysis section in under 15 minutes, replacing the informal Googling and guesswork that typically produces weak industry narratives in credit memos.
What you'll need
Go to claude.ai, sign in, and click New conversation.
The more specific your industry description, the better the analysis. Instead of "manufacturing," say "metal fabrication: small machine shops producing custom parts for automotive OEMs." NAICS codes help Claude zero in on the right sector.
Paste this prompt, filled in with your borrower's industry:
Write an industry analysis section for a commercial bank credit memo. Industry: [specific industry description and NAICS code]. Analysis should cover: (1) current market conditions and growth outlook, (2) competitive dynamics and fragmentation, (3) cyclicality and economic sensitivity, (4) regulatory environment if relevant, (5) key risks for lenders to this sector. Keep it to 3-4 concise paragraphs. Current date: [today's date].
What you should see: A 3–4 paragraph structured industry analysis covering all five elements, written in the formal language appropriate for a bank credit memo.
After the national overview, request local market context:
Add a brief local market note for [your city/region]. How does the [industry] market look specifically in [geographic area]? 2–3 sentences about local demand, competition, or market dynamics relevant to a lender.
Read the industry analysis critically. Claude's knowledge has a training cutoff, so very recent industry disruptions may not be reflected. For highly volatile industries (retail, hospitality, energy), add a sentence with current conditions from a quick Google search.
Paste the industry analysis into the appropriate section of your credit memo template. No additional formatting needed. The output is memo-ready.
For a restaurant:
Industry analysis for a commercial bank credit memo: Full-service restaurant industry (NAICS 722511) in [city]. Cover market conditions, failure rate context, delivery/competition impact, and key lender risks. 3-4 paragraphs.
For a healthcare business:
Industry analysis for a credit memo: [specialty, e.g., physical therapy practice] (NAICS [code]). Cover reimbursement trends, regulatory environment, staffing challenges, and lender risks. Assume solo or small group practice. 3-4 paragraphs.
For a construction firm:
Industry analysis for a credit memo: Commercial general contractor (NAICS 236220) in [region]. Cover current construction market conditions, labor availability, materials costs, backlog dynamics, and key credit risks. 3-4 paragraphs.