UK debt collections

SEPTEMBER 21, 2021

Automotive manufacturers and suppliers rank among are among the most exposed, with around 36% within the sector exposed to the risk of insolvency. Euler Hermes also found that a quarter (25%) of those in the energy sector and almost one in five (19%) of construction firms will be vulnerable in the coming years.

Manufacturing 23

Manufacturing Construction Government Bankruptcy 23

Burr Forman

APRIL 1, 2021

Matt is recognized in the area of construction while Erik is recognized for his tax articles. Additionally, Erik’s article SBA Issues New PPP Loan Guidance for Self-Employed Individuals and Others is recognized as one of the top read articles for Finance & Banking. Erik Doerring is a Partner in the firm’s Columbia office.

Construction 76

Construction Manufacturing Banks Loans 76

UK debt collections

AUGUST 16, 2022

Adding further pressure to many companies is the repayment of the Government-backed Covid support loans granted to help them survive the pandemic. Sectors with the highest number of critically distressed businesses: Construction. Manufacturing. Support Services. Real Estate. General Retailers. Automotive. Bars & Restaurants.

Manufacturing 100

Manufacturing Retail Government Construction 100

UK debt collections

JUNE 26, 2023

Insolvencies in the UK were low during the pandemic because of an £80 billion business loan programme and a temporary bar on court-ordered liquidations. Construction and retail are the hardest hit sectors PwC said construction and retail were the hardest-hit sectors, and the number of food manufacturers in trouble was also increasing.

Construction 59

Construction Retail Manufacturing Trade 59

Troutman Sanders

AUGUST 7, 2023

Small Business Administration (SBA) began implementing additional policies aimed at expanding small business access to capital by modernizing SBA’s signature 7(a) and 504 loan programs. Banks reported that lending standards are currently on the tighter end of the range for all loan categories. For more information, click here.

Financial services 52

Financial services Financial Institution Manufacturing Loans 52

PDC Flow

APRIL 25, 2023

A set of principles that a financial organization or business uses in deciding who it will loan money to or give credit – the ability to pay for goods or services at a later time. Payment Schedules Medical care, manufacturing and construction are examples of goods and services that might be too expensive to pay for in a lump sum payment.

Creditworthiness 77

Creditworthiness Manufacturing Banks Construction 77

Credit Corp

JULY 16, 2021

The company is the wholesale purchaser and processor of tobacco that operates between farms and the companies that manufacture cigarettes, pipe tobacco, and cigars. The bank focuses on multi-family loans in New York City, particularly in buildings that are rent controlled. Revenue decline was due to falling leaf tobacco volumes.

Acquisition 76

Acquisition Banks Trade Manufacturing 76