The Main Street New Loan Facility (MSNLF) vs the Main Street Expanded Loan Facility (MSELF) – Comparison Chart

April 12, 2020By Paren Knadjian

On April 9, 2020, the Federal Reserve announced additional actions to provide up to $2.3 trillion in loans to support the economy. This funding is aimed at small to medium-size businesses and state and local governments. Part of these new measures included the announcement of the Main Street Business Lending Program consisting of the Main Read the full article…

Federal Reserve and Dept of Treasury Announce Additional Loan Programs for Businesses

April 10, 2020By Paren Knadjian

On April 9, 2020, the Federal Reserve announced additional actions to provide up to $2.3 trillion in loans to support the economy. This funding is aimed at assisting employers of all sizes and bolster the ability of state and local governments to deliver critical services during the COVID-19 pandemic. Specifically, they announced: The Paycheck Protection Read the full article…

[Updated] The Economic Injury Disaster Loan (EIDL) Program vs The Paycheck Protection Program (PPP) – Comparison Chart

April 7, 2020By Paren Knadjian

Updated on April 7, 2020 – Following the declaration of a national emergency to combat the Coronavirus (COVID-19) pandemic, the Small Business Administration (SBA) launched the Economic Injury Disaster Loan Assistance (EIDL) program for small business owners in all US states, Washington D.C., and other US territories. EIDL loans are now available. In addition to Read the full article…

California Governor Newsom Announces $50 Million in Loan Guarantees for California Small Businesses that May Not be Eligible For Federal Relief

April 3, 2020By Paren Knadjian

On April 2nd, 2020, California Governor Gavin Newsom unveiled a series of new measures to aid small businesses and help California workers who have lost work due to the COVID-19 Pandemic. In addition to encouraging small businesses to apply to the federal loans available, the Governor also announced that the state is allocating $50 million Read the full article…

[Update] Paid Family Leave and Sick Leave Amendments as Part of the Families First Coronavirus Response Act (FFCRA)

March 27, 2020By Paren Knadjian

On March 18, 2020, President Trump signed into law H.R. 6201: The Families First Coronavirus Response Act. The Act has many provisions, including increasing Medicaid funding, expanding unemployment benefits, and providing Coronavirus testing at no cost to consumers. The Act also includes an amendment to the Family and Medical Leave Act of 1993 – referred Read the full article…

FinTech Trends to Watch for in 2020

October 6, 2019By Paren Knadjian

Wondering what’s in store for FinTech in 2020? M&A and Capital Markets Practice Leader and KROST’s Technology Industry group leader Paren Knadjian offers insight into FinTech trends to watch for in the coming year. “The use of Artificial Intelligence (AI), Machine Learning (ML), and Natural Language Processing (NLP) will have the same level of impact Read the full article…

2019 FinTech M&A and Market Report

August 21, 2019By Paren Knadjian

M&A and Capital Markets Practice Leader Paren Knadjian recently published an article for our newest KROST Quarterly Magazine: The Financial Services Issue titled “FinTech M&A and Market Report H1 2019”. The Financial Technology market (FinTech) continues to grow and flourish in 2019 with Venture Capital (VC) aggressively funding start-ups, Private Equity (PE) firms active in Read the full article…

[Video] M&A Buy-Side Services

June 6, 2019By Paren Knadjian

In this last video in our series, M&A Practice Leader, Paren Knadjian, gives a basic overview of our buy-side services. In this type of transaction, we represent clients who are interested in acquiring a company and advise them on the following: Helping to decide what kind of criteria is pertinent to the selection of the Read the full article…