Webinar, "What Happens after PPP Dollars Run Out?"

July 9, 2020 12:00 PM to 1:00 PM

Thank you to our webinar sponsor

Description

The Roles of Banks and Alternative Lenders

As federal stimulus packages including the PPP begin to run out, many lower middle-market companies will be left trying to find new working capital solutions. The stimulus packages were extremely helpful, but in many cases only postponed the financial pain of lost revenue due to the effects of COVID. On this webinar, we will discuss the different types of lending institutions committed to helping companies recover, what they look for to determine eligibility, and predictions on how different industries will rebound. We have gathered a panel of senior lenders, representing a large national bank, a mid-sized regional, a non-bank asset-based lender and an investment banker to discuss what we’ve seen so far in 2020 and where we may be headed in the secured lending network.

Our discussion will include:

1. Appetite for New Lending Relationships
   1. Current state of bank and non-bank lending appetites for new loans
   2. What investment bankers are seeing
   3. Changes in loan diligence because of COVID
2. Variations by Industry
   1. Problem industries
   2. Industries with success stories
   3. Portfolio health
3. How Traditional Banks Have Responded to Companies in Crisis
   1. Pushing off P&I, waiving covenant violations
   2. Main Street Lending program
   3. Fed Reserve Guidance
4. Looking Forward
   1. Opinions on when the economy will rebound
   2. Thoughts on bankruptcies vs. re-finances
   3. The “new” normal for business operations
   4. Positioning for the future

Moderator:
Meredith Carter, President & CEO, Context Business Lending

Panelists:

Tim Swiss, Senior Vice President, PNC Business Credit
Louis Lombardi, Commercial Market Executive, Fulton Bank
Graham Bachman, Director of Business Development and National Communications Director, Context Business Lending
Steven Warsaw, Managing Director, Oberon Securities

Registration

Please note: registration ends at 10:00 a.m. ET on the day of the webinar. To register after the cutoff, contact Nora Walls at nwalls@sfnet.com.

Member Price: $0

Non-Member Price: $95