by Steve Marrer | Apr 10, 2020 | Finance
By Steve Marrer Most of us can’t predict when a recession will occur, but all of us can implement ways to prepare for its impact. Winter is coming! Economists generally define a recession as a significant economic decline in Gross Domestic Product, and increased...
by John Archer | Apr 8, 2020 | Finance
The Small Business Reorganization Act: Why the New Subchapter V May Make More Sense for Some Businesses Than a Traditional Chapter 11 By John Archer & Scott Norcross As many businesses navigate their fourth week of a complete shutdown, the $2 trillion CARES Act...
by Jennifer Hart | Apr 3, 2020 | Finance, Government
Today was the first day the Small Business Administration (SBA’s) processed applications for the groundbreaking Paycheck Protection Program. And the $349 billion allocated to the program is already going fast. By 9 a.m. community banks had processed 700 loans...
by John Archer | Mar 18, 2020 | Finance
By John Archer and Scott Norcross As measures to contain coronavirus expand, businesses in almost every industry sector are already experiencing the ripple effects of the global pandemic. With consumers staying home and employers limiting travel, there is significant...
by Anne Corrigan | Mar 18, 2020 | Finance, Real Estate
By Anne Corrigan In addition to the substantial health concerns related to the outbreak of the coronavirus (COVID-19), the disruption of business for many companies will have a significant negative impact on cash flow and ultimately banking and financial relationships...