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News Stories (34 Results) - COVID-19

The Equipment Leasing & Finance Foundation (Foundation) released a new study, “Equipment Finance Funding, Securitization & Syndication: Best Practices for Today and Tomorrow,” designed to analyze and report on COVID-19’s impact on the funding markets... view press release
April 12, 2022, 07:00 AM

COVID-19 impacted businesses across many industries and companies of all sizes. Through it all, CFOs and finance leaders were at the helm, helping their businesses navigate the impacts and chart a course forward. As the economy recovers from a... view press release
May 21, 2021, 08:00 AM

The NFIB Research Center released its latest COVID-19 survey on the impact the pandemic has had on small businesses. This survey marks NFIB’s 16th survey in the series, which started in early March 2020. Thirteen percent of small business owners... view press release
April 05, 2021, 08:10 AM

Small and mid-sized business owners strongly support vaccinations for COVID-19 and plan to encourage their employees to get the shots, which are central to a return to normalcy, according to the latest PNC semi-annual national small business survey... view press release
March 02, 2021, 08:00 AM

Porter Capital announced it will provide additional funding to businesses in need of more than their current PPP loan offers."With the new COVID-19 stimulus package signing, many small business owners can apply for another round of Paycheck... view press release
January 12, 2021, 08:22 AM

eCapital Commercial Finance announced it delivered over $10 million in additional funding to clients with existing factoring facilities during the COVID-19 pandemic to help them meet demand for products and services. The company leveraged its... view press release
January 12, 2021, 08:15 AM

While COVID-19 has meant tremendous economic hardship across all business sectors, executives widely feel employees have risen to the occasion regarding productivity as a result of much of the country utilizing a work-from-home (“WFH”) model.... view press release
December 18, 2020, 07:00 AM

In early September, the seven-day average in new COVID-19 cases in the U.S. had reached its lowest point since late June, but then steadily increased and nearly doubled by late October. Instead of increasing along with the virus, executives'... view press release
December 10, 2020, 07:00 AM

The Financial Stability Oversight Council (Council) released its 2020 annual report, which describes significant financial market and regulatory developments, potential emerging threats to U.S. financial stability, and offers recommendations to... view press release
December 07, 2020, 09:00 AM

In the spirit of Giving Tuesday, Gordon Brothers, the global advisory, restructuring and investment firm, has announced the firm’s shareholders completed $1 million in donations to charities supporting communities across the globe impacted by... view press release
December 02, 2020, 08:00 AM

Sallyport Commercial Finance provided financing to an apparel company that was hit hard when major retailers started to cancel orders due to the COVID pandemic. This new credit facility coupled with a seasonal inventory lender will provide the needed... view press release
December 01, 2020, 07:00 AM

Corporate leaders now identify fear of further shutdowns from a new wave of COVID-19 infections as their top concern (54 percent), outpacing the implications of a global economic downturn (41 percent), according to the latest results of PwC’s Road to... view press release
November 30, 2020, 09:05 AM

NFIB’s Research Center released the latest survey relating to COVID-19 and its impact on the small business economy. The majority of Paycheck Protection Program (PPP) borrowers have used all of their loans and are preparing to apply for... view press release
October 12, 2020, 09:05 AM

Fitch Ratings says the coronavirus pandemic is the worst crisis to date impacting the travel/airline sector, including aviation (aircraft and engine) asset-backed securities (ABS). The pandemic continues to negatively impact ABS asset performance and... view press release
October 09, 2020, 09:10 AM

Since the start of the pandemic, 488 loans totaling over $13 billion, have been granted coronavirus debt relief through the end of August 2020; this represents approximately 2% of the Fitch-rated CMBS universe by loan count.Debt relief measures have... view press release
September 18, 2020, 09:15 AM

Following an April industry-leading commitment to donate all gross processing fees from the Paycheck Protection Program, Wells Fargo unveiled the details of an approximately $400 million effort to help small businesses impacted by the ongoing... view press release
July 10, 2020, 08:45 AM

Digitalization is no longer just a competitive edge for the corporate elite. According to a new report by BDO, rapid advancements in emerging technologies has paved the way for businesses of all sizes to tap into the power of digital, enabling them... view press release
June 08, 2020, 09:00 AM

The federal financial institution regulatory agencies issued principles for offering small-dollar loans in a responsible manner to meet financial institutions customers' short-term credit needs.The Federal Reserve Board, the Federal Deposit Insurance... view press release
May 29, 2020, 09:15 AM

The NFIB Research Center released a survey on the status of the small business loan programs. Among NFIB members, 80 percent applied for a Paycheck Protection Program (PPP) loan and almost 90 percent have received the loan. Most of the loans were... view press release
May 22, 2020, 09:10 AM

The Covid-19 pandemic has rattled both public and private markets globally. VC-backed fintech startups are no exception, according to a new report from CB Insights. Across the board, fintech funding activity stalled in Q1’20 as the coronavirus... view press release
May 14, 2020, 09:05 AM

The fourth release of PwC’s COVID-19 CFO Pulse Survey reveals 77 percent of U.S. chief financial officers (CFOs) anticipate changing workplace safety measures upon returning to on-site work. As employers focus on protecting employees, 65 percent... view press release
May 04, 2020, 09:10 AM

Samsonite International S.A., the world's best-known and largest lifestyle bag and travel luggage company, announced it has completed the syndication and allocation of a new term loan borrowing and amended its credit agreement to provide financial... view press release
May 04, 2020, 09:05 AM

As the impact of COVID-19 continues to weigh heavily on hospitals and health systems, ToneyKorf Partners released the results of its analytical forecast on the impact of the COVID-19 pandemic for community and urban safety net hospitals. The forecast... view press release
April 30, 2020, 09:15 AM

BMO business clients can apply for financial relief measures offered jointly with Export Development Canada (EDC), as part of the Government of Canada's Business Credit Availability Program. To apply for the EDC relief program, business clients must... view press release
April 20, 2020, 08:00 AM

Economic activity contracted sharply and abruptly across all regions in the United States as a result of the COVID-19 pandemic, according to a report from the Federal Reserve. The hardest-hit industries—because of social distancing measures and... view press release
April 16, 2020, 09:15 AM

Noble Energy provided an update on actions it is taking in response to the COVID-19 pandemic and significant decline in oil and gas demand and prices. "Recent events have had an unprecedented and unpredictable impact on the global economy and the... view press release
April 15, 2020, 09:00 AM

OnDeck announced it is partnering with a top SBA lender to serve small business owners seeking funding under the Small Business Administration’s (SBA) Paycheck Protection Program (PPP).  “OnDeck recognizes that operating a small business during the... view press release
April 14, 2020, 09:15 AM

U.S. health officials say Americans should wear masks in public to combat the coronavirus. Financial support by CIT Group Inc. is helping two California apparel makers create masks that protect with style.Sanctuary Clothing and Karen Kane, both Los... view press release
April 08, 2020, 08:00 AM

Fitch Ratings will apply an updated stress scenario to all CLO portfolios globally for exposure to issuers that have greater vulnerability to disruptions caused by the coronavirus pandemic, the company said. The agency applies a one-notch rating... view press release
April 07, 2020, 09:15 AM

TD Bank Group, of which TD Bank, America's Most Convenient Bank® is part, announced that there will be no job losses in 2020 as a result of COVID-19."It is only natural that the speed and scale of the impacts across society have employees feeling... view press release
April 03, 2020, 09:10 AM

CIT outlined a $1 million community commitment to support those affected by COVID-19. These resources will provide some immediate relief to New York City and L.A. County, the respective headquarters for the company and its bank subsidiary. In... view press release
March 31, 2020, 09:15 AM

Fifth Third Bank, National Association, today provided additional detail on immediate steps it is taking to help customers impacted by the pandemic, augmenting its prior announcement last week to include new small business customer-centric provisions... view press release
March 26, 2020, 09:20 AM

BMO has introduced measures to help Canadian businesses experiencing financial pressures as a result of COVID-19. "We are the bank for business, and that means standing behind clients in both good times and challenging ones," said Erminia (Ernie)... view press release
March 26, 2020, 09:10 AM

Investors are now actively seeking ‘new world’ sectors and companies as the world readjusts to life with coronavirus and looks ahead to an economic recovery.The assessment from Nigel Green, the chief executive and founder of deVere Group, one of the... view press release
March 24, 2020, 09:00 AM