Commercial Lending Impacts of the COVID-19 Era Webcast
The U.S. economy has rapidly entered into a recession due to the COVID-19 pandemic. The far-reaching impact will create challenges for commercial lenders due to increased operational risks. Borrowers’ ability to make debt payments will be curtailed with a rising tide of unexpected Americans unemployed and businesses forced to shut their doors due to governmental orders – raising the stakes on troubled loans. Join us for a complimentary webcast, where our accounting and lending specialists will explore the state of the current lending market, ways to deal with and account for distressed borrowers, and practical advice that can help you keep moving forward in the shadow of COVID-19.
Workout strategy ideas including extensions, forbearance agreements, restructurings, deed in lieu and short sales
Allowance for loan loss considerations and review of loan impairment accounting