The coronavirus COVID-19 outbreak has shown us how rapidly pandemics can alter public health and global markets. How quickly we recover from these events depends in large part on collaboration from every sector, including the equipment leasing and finance industry. ... read more
May/Jun 2020
The coronavirus is impairing the livelihoods of 90% of small business owners across the U.S. and Canada, with more than one-third reporting they have only a couple of weeks of cash to sustain them, according to a recent survey. read more
APR 8, 2020 - 6:25 am
ELFA President and CEO Ralph Petta released a new COVID-19 Frequently Asked Questions document regarding key association programs. read more
MAR 25, 2020 - 6:40 am
Hilco Global has issued a series of strategic recommendations to assist lenders with current portfolio exposure in the retail market to take action during the near-term fallout of the current COVID-19 pandemic. read more
MAR 25, 2020 - 6:30 am
Moody’s has adjusted its outlook of the aerospace and global defense sector to negative as coronavirus-driven groundings set to hit aircraft deliveries. read more
MAR 24, 2020 - 6:55 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
The Fed, FDIC, NCUA, OCC, CFPB and state banking regulators issued an interagency statement for financial institutions working with borrowers affected by the coronavirus. FASB concurs with the approach. read more
MAR 23, 2020 - 7:00 am
North Star Leasing offered a deferred payment plan to 3,800 customers in response to the Coronavirus (COVID-19) outbreak. read more
MAR 20, 2020 - 6:50 am
The Small Business Administration will provide up to $2 million in disaster recovery loans to companies severely affected by the Coronavirus. read more
MAR 20, 2020 - 6:32 am
Monitor will launch a new podcast featuring commentary from its board members offering differing viewpoints on the evolving impact of the coronavirus. read more
MAR 17, 2020 - 6:55 am
ELFA changed its April event schedule in response to the COVID-19 situation, canceling its National Funding Conference, Best Practices Roundtable and Emerging Talent Networking Event and postponing its Women’s Leadership Forum. read more
MAR 12, 2020 - 6:45 am
The global spread of the novel coronavirus, COVID-19, required ACT Research to do a foundational reassessment of near-term economic expectations, and by extension, North American commercial vehicle demand. read more
MAR 11, 2020 - 6:40 am
Kroll Bond Rating Agency (KBRA) is examining the widening impact of the new coronavirus (COVID-19) on travel-related industries, with commercial aviation poised to be one of the hardest hit sectors. read more
MAR 11, 2020 - 6:35 am
The ELFA issued a statement to its members regarding the Coronavirus. read more
MAR 10, 2020 - 5:20 am
Do not underestimate the impact of the coronavirus on a company’s Q1 and Q2 2020 financial results. ... read more
2020