Covid-19 Related Content

Tamarack Releases Troubled-Debt Restructuring Utility

Tamarack Consulting has released a Troubled-Debt Restructuring Utility to assist lessors during the current economic downturn and anticipated recovery as a result of the COVID-19 pandemic. read more

MUFG Pledges $3MM to Support Those Affected by COVID-19

Given the global impact and disruption of COVID-19, Mitsubishi UFJ Financial Group is supporting the communities it serves across the United States, Latin America and Canada, as well as clients and colleagues. read more

Survey: 29% of Companies Fully Operational Amid COVID-19

Only 29% of companies can continue to be fully operational with employee work restrictions in place and 57% expect to be partially operational, according to a recent survey. read more

Bober: Resources Available for COVID-19 Impact on Financial Reporting

John Bober, chair of the Equipment Leasing and Finance Association’s Financial Accounting Committee, provided a list of resources available regarding COVID-19’s impact on financial reporting. read more

Deloitte Report Addresses Financial Reporting Considerations Related to COVID-19 and an Economic Downturn

Deloitte issued a financial reporting alert that discusses certain key accounting and financial reporting considerations related to conditions that may result from the COVID-19 pandemic. read more

Rush Enterprises Remains Open During COVID-19 Uncertainty

Rush Truck Centers, Rush Truck Leasing and other facilities remain operational across the United States supporting the economy’s essential businesses and critical infrastructure. read more

Truist Commits $2MM to Support Small Businesses Affected by COVID-19

Truist Financial committed $1 million each to LiftFund and Natural Capital Investment Fund, community development financial institutions to support small businesses affected by the COVID-19 pandemic. read more

Embraer Collaborates on Technologies and Solutions to Combat COVID-19

Embraer is working in partnership with companies and research centers on technologies that can increase the availability of equipment and solutions to combat COVID-19 in Brazil. read more

WSJ: COVID-19 Makes Fed’s Banking Stress Tests Look Easy

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

Hilco: Strategies for Lenders with Retail Market Portfolio Exposure

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

ELFA Launches Federal Government COVID-19 Response Webpage

The Equipment Leasing and Finance Association launched the Federal Government COVID-19 Response Resource webpage. read more

Moody’s Shifts Aerospace and Global Defense Outlook to Negative

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

WSJ: U.S. Airlines Discuss Potential Shutdown

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

F.N.B. Provides Support for Customers and Businesses Affected by COVID-19

F.N.B., parent company of First National Bank, implemented additional measures to further support customers who are experiencing financial hardships as a result of the COVID-19 coronavirus. read more

First Midwest Provides Relief Programs for Clients Impacted By COVID-19

First Midwest Bank is offering several programs and services designed to alleviate some of the financial stress and burden its clients may be facing due to the COVID-19 pandemic. read more

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