Regulators Take Steps to Maintain Financial Institution Health Amid COVID-19
FFIEC members will provide guidance to financial institutions and work with state and local officials to identify workers as essential...
Forward for Specialty Finance
Truist Commits $2MM for Small Business Aid During COVID-19 Pandemic
Truist Financial committed $1 million each to community development financial institutions LiftFund and Natural Capital Investment Fund to support small...
Deloitte Addresses Financial Reporting Considerations Due to COVID-19, Economic Downturn
Deloitte issued a financial reporting alert that discusses certain key accounting and financial reporting considerations related to conditions that may...
Hitachi Business Finance Adds Simshauser to Business Development Team
Mark Simshauser joined Hitachi Business Finance’s business development team. Simshauser previously worked for CBC Business Credit and Triumph Commercial Finance.
Morgan Stanley Leads $2.2B Term Loan for Royal Caribbean Cruises
Morgan Stanley, J.P. Morgan, Bank of America, BNP Paribas and Goldman Sachs acted as joint lead arrangers and bookrunners on...
Hilco: Strategies for Lenders with Retail Market Exposure During COVID-19 Pandemic
Hilco Global issued a series of strategic recommendations to assist lenders with current portfolio exposure in the retail market to...
Crestmark Provides $20.25M in Asset-Based Financing in H1/March
Crestmark secured a total of $20.25 million in asset-based lending financial solutions for seven new clients in the first half...
Henry Takes Over as CEO/President of Green Dot
FinTech company Green Dot appointed Dan Henry CEO and president. Henry will join the board of directors as well. Henry...
Lighthouse Financial Provides $3MM to Furniture Manufacturer
Lighthouse Financial completed a $3 million credit facility for a North Carolina-based manufacturer of case goods and upholstery furniture.
Small Businesses Already Feeling Huge Drop in Demand from COVID-19
A national study from America's Small Business Development Centers and Thryv found 69% of U.S. small businesses have already experienced...
