The Wall Street Journal reported that the House passed a $484 billion bill that will replenish two aid programs for small businesses and provide relief to hospitals. read more

APR 24, 2020 - 7:00 am

Tiger Capital co-founder Dan Kane predicted that COVID-19 will cause a huge spike in asset dispositions across multiple sectors once the economic recovery begins. read more

APR 24, 2020 - 6:30 am

The Wall Street Journal reported that the Senate passed a $484 billion bill designed to deliver aid to small businesses and hospitals, with $320 billion allocated to replenish the Paycheck Protection Program. read more

APR 22, 2020 - 7:00 am

Five key takeaways from the ELFA/ELFF webinar, which discussed the U.S. economy and equipment finance industry during COVID-19. read more

APR 20, 2020 - 6:55 am

The Wall Street Journal reported that lawmakers have disagreed about how to replenish the $350 billion small business loan program, which exhausted its funds after approving 1.6 million applications. read more

APR 17, 2020 - 6:55 am

The Wall Street Journal reported that banks are performing more due diligence than required for federal small business stimulus loans. read more

APR 14, 2020 - 6:50 am

Half of chief financial officers surveyed by CFO expect a "V-shaped" recovery or a return to normal economic activity in Q3/20. Despite this positive outlook, 35% indicated headcount reductions. read more

APR 14, 2020 - 6:40 am

Customers Bank is partnering with OakNorth to process $500 million in small business loan applications under the federal Paycheck Protection Program. read more

APR 13, 2020 - 6:35 am

A new LendingTree survey of more than 1,200 small business owners found that 71% worry they’ll never recover from the downturn. read more

APR 9, 2020 - 6:35 am

The Wall Street Journal reported that the Federal Reserve is working with the Treasury to create a new program designed to finance the loans that lenders make through the emergency small business lending program. read more

APR 7, 2020 - 7:00 am

The Wall Street Journal reported that the senate passed a $2 trillion package designed to provide economic stimulus in response to the coronavirus pandemic. read more

MAR 26, 2020 - 7:00 am

The Wall Street Journal reported that as U.S. bankers prepare for their annual stress tests, many are realizing that the impact of COVID-19 is far worse. read more

MAR 25, 2020 - 6:55 am

A just-released national study found that 69% of U.S. small businesses have already experienced a large drop in demand due to the coronavirus pandemic and 60% believe demand will continue to decline. read more

MAR 25, 2020 - 6:35 am

The Wall Street Journal reported that U.S. airlines are planning to voluntarily shutdown most domestic passenger flights, according to officials from the industry and government. read more

MAR 24, 2020 - 6:55 am

Bloomberg reported that the Federal Reserve has more tricks up its sleeve to respond to the economic impact of the coronavirus, according to a Fed official. read more

MAR 23, 2020 - 6:35 am