Covid-19 Related Content

Balboa Survey: 88% of Small Businesses Impacted by COVID-19

Balboa Capital’s nationwide survey results revealed seven in 10 small business owners expect decreased revenues during the first six months of 2020, and 66 percent have put their Q2 investment plans on hold. read more

ACT Freight Forecast Reflects COVID-19 and Lower Commodities

ACT Research lowered its freight expectations as the complexity of the manufacturing restart becomes clearer. ACT expects spot rates to drop more than 20% in April/May from March. read more

Creditsafe Launches COVID-19 Impact Score to Help Identify Portfolio Risk

Creditsafe created the COVID-19 Impact Score, designed to help businesses identify risk areas within their customer and supply chain portfolios. To maximize the benefit of the initiative, they have made this resource available for free to every U.S. business.  read more

Survival & Sustainability: Will New Finance Models Thrive in a Post-COVID-19 World?

Brendan Gleeson

The COVID-19 pandemic has halted two decades of global growth and raised several questions about how economies will function in the future. Experts are assessing whether the international upheaval caused by the pandemic will have a long-lasting impact on trade... read more

Q2 Partners Launches PPP Lending Solution

Q2 Holdings launched an end-to-end digital lending solution specifically designed to help financial institutions accelerate application acceptance and funding to small businesses under the Paycheck Protection Program. read more

Survey: 71% of Small Business Owners Fear They Will Never Recover from Pandemic Losses

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

CIT’s Financial Support Helps Designers Create Protective Masks

Financial support by CIT Group assists two California apparel makers create masks that help protect against COVID-19 transmission. read more

Hilco Report Explores Supply Chain Vulnerabilities

Hilco Global issued a timely and relevant report on the unprecedented circumstances facing businesses and how they should adjust their existing predictive forecasting models. The report also details the steps businesses should follow to ensure their own success in the current crisis environment. read more

F.N.B. Commits $1MM to COVID-19 Relief Efforts

F.N.B., parent company of First National Bank, committed $1 million to its foundation in support of COVID-19 relief efforts. read more

Survey: 90% of Small Business Owners Impacted by Coronavirus

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

ELFA Launches Webinar Series on COVID-19’s Impact on Equipment Finance

The Equipment Leasing and Finance Association announced a series of free webinars to provide critical information to equipment finance professionals during the global COVID-19 pandemic. read more

Resolvion Launches COVID-19 Support & Risk Mitigation Service for Equipment Lenders

Resolvion, a skip tracing and repossession management company, launched a new service designed to help lenders manage the flood of deferral/modification requests and, at the same time, better manage the emerging default risk caused by the COVID-19 crisis. read more

Fleet Advantage Donates $10K to First Responders Children’s Foundation

Fleet Advantage announced that their foundation, Kids Around the Corner, made a $10,000 donation to the First Responders Children’s Foundation to aid in their emergency response fund amidst COVID-19. read more

Wells Fargo Reaches Lending Capacity Under Paycheck Protection Program

Wells Fargo announced it is targeting to distribute a total of $10 billion to small business customers under the requirements of the PPP and will focus on serving two segments of its customer population: nonprofits and small businesses with fewer than 50 employees. read more

HPE Supports Demand for Remote Workforce Rollouts in Wake of COVID-19

Hewlett Packard Enterprise announced a series of initiatives to help customers and support business continuity in the wake of COVID-19, including new financial and asset lifecycle options including short-term rentals and 90-day payment deferrals. read more

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