Garnet Capital Advisors Blog

Archived news

Our take on the latest trending events:

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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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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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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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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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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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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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