PPP Loans Second Draw
The current March 31 deadline is fast approaching for the second draw PPP loans. Here are the qualifications for the second draw PPP loans.
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Juanita Schwartzkopf
Feb 26, 20214 min read
FMG Industry Analysis: The Dichotomy of Restaurant Performance During a Pandemic
FMG industry experience is second to none. This series will discuss various industries & sectors and our solutions to borrower/lender issues
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Juanita Schwartzkopf
Jan 20, 20211 min read
Is This a Good Time for a Borrower to Refinance?
Daily negative business news seems to indicate all businesses are struggling and no lenders are lending. Nothing is further from the truth!
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Juanita Schwartzkopf
Jan 4, 20214 min read
Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act: PPP Loans Round 2
On December 27, 2020 the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act was signed into law. Read more for an update.
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Juanita Schwartzkopf
Dec 29, 20205 min read
Evaluating Working Capital in the ‘New Normal’ of the Covid-19 ABL World
As the COVID-19 ramps back up through the end of 2020 and start of 2021, a tentative ‘new normal’ has set in for borrowers & lenders alike.
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Juanita Schwartzkopf
Dec 8, 20206 min read
Where is the Tipping Point?
When the economic impacts of Covid-19 hit in March, most experts anticipated increased problems. Why didn’t we experience a tipping point?
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paloisio
Nov 30, 20205 min read
Focus Management Group - Webinars from 2020
We provided webinars on important topics like the Covid-19 pandemic and the various government programs. Listen for practical & useful info.
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Juanita Schwartzkopf
Nov 5, 20204 min read
Accounting for the PPP Loan and PPP Loan Forgiveness
It's important to understand the variety of accounting approaches that may be used for reporting of PPP Loans and PPP Loan Forgiveness.
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Juanita Schwartzkopf
Nov 3, 20205 min read
PPP Loan Forgiveness Update
Oct 26 the Federal Register published a document from the SBA referencing the PPP loan forgiveness process & started a 30-day comment period
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Juanita Schwartzkopf
Nov 2, 20201 min read
Main Street Loan Program Change and Update
The MSLP program loans previously had a minimum of $250,000, but that has now changed to $100,000. Additional updates have been made.
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Juanita Schwartzkopf
Sep 15, 20207 min read
How Do You Anticipate a Surprise Bankruptcy Filing?
Lenders are working to identify companies with a heightened risk of filing and trying to be prepared for any possibility.
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paloisio
May 8, 20204 min read
Covid-19: Main Street Loan Program Important Update
The Main Street Loan Program has changed significantly since our original description of the program when it was under discussion in April.
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paloisio
May 6, 20204 min read
Covid-19 and Working Capital: Managing Accounts Payable
Accounts payable management seems to be causing the most stress for companies and their employees right now.
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paloisio
Apr 29, 20202 min read
Focus Management Group: April Month in Review
Each month we will be posting an overview article that covers our recent company articles, announcements, and insights. Below is for April.
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paloisio
Apr 27, 20205 min read
Part 2: Blocking and Tackling Working Capital in the Covid-19 World
Considering working capital and cash management with the backdrop of the coronavirus is complicated. Let’s work through a few examples.
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paloisio
Apr 23, 20203 min read
Coronavirus Response: Main Street Loan Program
Under the CARES Act, small businesses have access to the Payroll Protection Program (“PPP”) which is expected to receive additional funding
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paloisio
Apr 21, 20204 min read
Returning to Normal in Coronavirus Defined Stages
We all want to return to normal as quickly as possible. The question is what does normal mean and how can the return be financed?
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paloisio
Mar 25, 20204 min read
Loan Options Available to Businesses Affected by Coronavirus
There are several ways the US has developed help packages already, and more are under consideration. Read more about the available options.
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paloisio
Feb 26, 20203 min read
Will the Coronavirus Impact your Borrowers?
This will certainly be a standard excuse for performance weakness that will be heard over the next year. Be prepared!
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