Garnet Capital Advisors - Garnet Capital Advisors Blog

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A recent survey suggests that the non-manufacturing sector is contracting. Meanwhile, respondents express concern over when business will resume to normal operational levels as the COVID-19 pandemic looms.
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Economy / Rates

Surveys Beginning to Track the Extent of Economic Contraction

May 28, 2020

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Fear of lawsuits, which are currently running rampant, will slow the back-to-work effort following the COVID-19 pandemic when it finally gets underway. Such concerns are triggering businesses to adopt coronavirus-protection plans to avoid litigation.
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Economy / Rates

Litigation Concerns Abound in COVID-19 Eventual Restart

May 21, 2020

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Commercial loan portfolios are seeing spikes in delinquencies due to financial troubles sparked by the COVID-19 pandemic, leaving bank special servicers and commercial lenders to seek out strategies - such as loan sales - to ease the workload.
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Commercial

Banks and Special Servicers Brace for a Deluge - And Loan Sales Can Help

May 20, 2020

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The Consumer Financial Protection Bureau (CFPB) has been receiving a record number of complaints from consumers regarding banks and lenders, prompting more effort to keep consumers informed about their rights and the programs available to them.
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Consumer L..

CFPB Taking Steps to Protect American Borrowers

May 14, 2020

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May 13, 2020

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Small community banks showed their true value during the first wave of the Paycheck Protection Program by stepping in and providing small businesses with the loans needed to stay afloat during the COVID-19 pandemic.
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Industry Outlook

Community Banks Step Up to the Plate in COVID Relief Funding

May 12, 2020

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The equipment finance industry is undergoing stress as a result of the COVID-19 pandemic, and loan sales are one way to deal with these issues.
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