by Lou Kertesz | Jul 5, 2023 | M&A/Capital Markets
It’s no secret that the landscape for selling a business has not been particularly favorable for business owners. Particularly in an environment where interest rates have substantially increased and where banks have moved to tighten lending requirements. This...
by Lou Kertesz | Jun 21, 2023 | Lending, Banking and Financing
Recently there have been a number of posts on social media regarding the tightening of credit from banks. The reasons given relate to several recent bank failures and attribute this tightening to banks being less willing to take “risks” with depositors’ money....
by Lou Kertesz | Jun 7, 2023 | Lending, Banking and Financing
Lender forbearance is a valuable tool for borrowers facing financial challenges, providing temporary relief from loan obligations. While forbearance offers immediate benefits, it is essential to consider the potential costs associated with this arrangement....
by Lou Kertesz | May 24, 2023 | Receiverships and Bankruptcy
A recent article in the Daily DAC, a newsletter focused on corporate insolvency, discussed the above-referenced topic. And while it made several interesting and educational points, the writer was based in Minnesota, and the article demonstrated the importance...
by Lou Kertesz | Apr 26, 2023 | Lending, Banking and Financing
The pullback in total lending in the last half of March was broad and included fewer real estate loans, as well as fewer commercial and industrial loans. Furthermore, the American Bankers Association index of credit conditions fell to the lowest level since the...
