We hope you and your family, friends and colleagues are healthy and safe. Our team fortu
nately has dodged COVID-19 so far, and we are eager to resume normal business practices soon.
Please remain acutely aware of the likelihood for increased fraud among debtors and portfolio companies as a result of the extraordinary economic downturn.
- Be circumspect of a non-essential business that was financially fragile before the quarantine but now appears healthy.
- At a minimum, review debtors'/portfolio companies' current 13-week cash flow forecasts every 2 - 3 weeks to identify problems as early as possible.