eCapital Corp. (“eCapital”), a tech-enabled specialty finance provider serving small and midsize businesses across North America and the United Kingdom, has announced the appointment of Kash Ahmad as executive vice president, Portfolio Risk and Governance, reporting to Tony Howard, chief credit & portfolio officer.

Editor's Note: Expert commentary on this topic will be published soon—stay tuned.

The U.S. Supreme Court’s February 2026 decision in Learning Resources, Inc. v. Trump has introduced significant uncertainty—not just relief—into the secured-finance ecosystem. While the ruling curtailed tariffs previously imposed under emergency authority, President Donald Trump has simultaneously proposed sweeping new tariff measures, including broad universal duties and sharply higher China-specific tariffs. For asset-based lenders, trade-finance providers, restructuring professionals, and import-dependent borrowers, the combined effect is less a clear liquidity windfall than a shifting policy landscape with uneven credit consequences.