If you are here reading this blog article then you’ve likely taken your bank through some unprecedented times. Thankfully, for most lenders, you were in a decent place in terms of capital levels when the pandemic occurred. However, there are many new considerations as a result of these difficult times to help guide how things proceed.
The time for transitioning from the London Interbank Offered Rate (LIBOR) is quickly approaching with the looming May 2021 deadline and there are things for your lending group to consider in the meantime.
A tax lien is the public notice of a legal claim by a government agency against assets or property to secure the payment of outstanding taxes.
Learn more about the changes coming to Bankruptcy. With the recent signing of the Small Business Reorganization Act (SBRA) here are some additional items to be aware of:
Learn about the Bankruptcy Changes coming soon in 2020. The Small Business Reorganization Act (SBRA) has been signed and is considered the most extensive reform to the Bankruptcy Code since 2005.
This year marked the 7th Annual SBA Lender’s Conference for Minnesota, which also marks the 7th year for Capitol Lien’s involvement with the group. We value our continued partnership with this great organization