Marc Pressler has joined Monroe Credit Advisors as a managing director in its Chicago office. Pressler will be responsible for originating middle market debt and lease transactions for the firm. read more
The Treasury Department and Small Business Administration released a loan forgiveness application form for the Paycheck Protection Program, but the AICPA said it fails to address outstanding issues and does not provide enough flexibility for those who receive funds. read more
The U.S. trailer industry has shifted from the production/capacity challenges of the last three years to a massive retrenchment in production levels, according to ACT Research’s Trailer Components Report. read more
The outbreak of COVID-19 is both benefiting and challenging the U.S. healthcare industry in ways that will continue to evolve in the coming quarters, according to the Global Healthcare team at Mitsubishi UFJ Financial Group (MUFG). read more
TCF Bank is accepting a second round of applications for Paycheck Protection Program (PPP) loans as well as helping its customers and communities navigate the pandemic with loan modifications, hazard pay for employees and grants to community food banks. read more
Priority One Financial Services launched an exclusive partnership with MOTOTV, which will provide dealers with access to animated advertisements that educate customers on how easy the financing process can be when purchasing a boat or RV. read more
Industrial cobots, medtech robots and drones, which are increasingly important in their own right, are even more valuable when examined through the lens of coronavirus. They can prevent the transfer of highly contagious diseases by limiting human-to-human contact, supplying essential... read more
As illustrated throughout the magazine this issue, Monitor is celebrating the women who work with and in the equipment finance industry. But for all of the advancement that’s occurred in the last few decades as more and more women have... read more
Many companies’ priorities have shifted due to the pandemic, creating cash flow concerns for some organizations. Jennifer Booth explains how companies may benefit from a detailed understanding of their lease agreements, which can provide clear visibility into their entire lease portfolio, allowing for better decision making and the potential to generate liquidity during this critical time.
Kyin Lok, CEO of Dext Capital, discusses COVID-19’s impact on the healthcare industry. He provides an overview of the economic reality for healthcare providers and discusses their access to capital and shares an outlook for what the industry will face as it emerges from the pandemic.