Alternative data increasingly influences decision-making in today’s business climate, with growing accuracy, and impact, on the economy. … READ MORE >
Financial services
How banks can help their customers navigate the coronavirus shock
Even though the CARES Act provides a stimulus package of $2.39 trillion, or 11.4% of gross domestic product — along with a relaxing of rules surrounding payment deferrals and loan modifications by banking regulators — that may not be enough to blunt the continued decline in economic activity. … READ MORE >
How family offices and their portfolio companies might qualify for loans under the CARES Act
Some family offices might be classified as a small business under the Small Business Administration. And they could be eligible for loans under the CARES Act. … READ MORE >
How to become a qualified lender under the Paycheck Protection Program
The Paycheck Protection Program, an ambitious $349 billion loan program designed to quickly give relief to small businesses, represents an unusual opportunity for lenders to expand their client base with loans that are fully guaranteed by the federal government. … READ MORE >
With the CARES Act, online lenders are poised to become mainstream
The $2 trillion CARES Act promises to help many American businesses, individuals and states overcome the severe impact from the corona pandemic. But one industry in particular is in a strong position to benefit: Fintech, and especially online lending businesses that have been gaining market share in recent years. … READ MORE >
SEC gives regulatory relief to certain business development companies
Continuing a recent push to ease regulations, the Securities and Exchange Commission recently adopted a final rule that loosens compliance requirements on business development companies, which invest in small and medium-size businesses. … READ MORE >
As businesses contend with coronavirus, liquidity becomes a top concern
Financial institutions should assess all options of their short- and moderate-term liquidity. By understanding the liquidity needs of customers, financial institutions will be able to plan for the increased borrowing demand while mitigating the impact on their own financial statements. … READ MORE >
Insurance industry girds for major impact from coronavirus
The coronavirus pandemic has turned everyday life upside down for nearly every American. Many schools have closed and in certain areas residents have been ordered to stay in their homes. As its impact is felt across the economy, the insurance industry will not be spared. … READ MORE >
For family offices, coronavirus presents a new challenge, and chance to reposition
Like any industry sector, family offices are facing challenges in managing the coronavirus crisis, but they also have the opportunity to prepare for the eventual rebound. … READ MORE >
As coronavirus spreads, private equity contracts even as it prepares for a rebound
As the U.S. financial system and broader economy swoon from fear of the damage that the coronavirus will leave in its wake, private equity deal flow will soon begin to feel the pinch. … READ MORE >