In times of economic uncertainty, lending is not exclusively within the realm of banks. Non-financial institutions, such as corporate entities, pension funds, insurance companies, and even high-net-worth individuals, play a...more
7/18/2024
/ Banks ,
Best Practices ,
Borrowers ,
Compliance ,
Documentation ,
Due Diligence ,
Lending ,
Non-Financial Firms ,
Regulatory Oversight ,
Risk Management ,
Transparency
The Long-Term Effects Felt by Lenders Nationwide.
As a result of the United States government instituting the Paycheck Protection Program (“PPP”), companies nationwide have defaulted on hundreds of thousands of PPP loans,...more
7/26/2023
/ Borrowers ,
CARES Act ,
Default ,
Financial Institutions ,
Fraud ,
Lenders ,
Loans ,
Paycheck Protection Program (PPP) ,
Risk Mitigation ,
SBA ,
Small Business