Financial Institutions
Risks You Haven’t Thought of: How Climate Change is Presenting New Challenges for Lenders
In the Fourth Quarter of 2021, President Biden presented his administration’s “roadmap for climate change,” identifying how government agencies would strengthen infrastructure in response to worsening climate conditions. This was…
Mercadien Announces Executive Promotions; Several Associates Promoted to Director
Mercadien is pleased to announce several promotions within the firm’s corporate leadership team. Three professionals were promoted to the level of Director: Ms. Melissa Correa, CRCM, a member of the…
Funding Alert: NJEDA Announces Phase 4 of the SBEA Grant Program
On Wednesday, April 14, 2021, The New Jersey Economic Development Authority (NJEDA) announced Phase 4 of the Authority’s Small Business Emergency Assistance Grant Program, adding $85 million in funds from…
Summary & Highlights of the American Rescue Plan Act
On March 11, 2021 President Biden signed the American Rescue Plan Act of 2021, (ARPA or the Act) which will provide $1.9 trillion in relief funds across a wide spectrum…
Funding Alert: Small Business Lease Emergency Assistance Grant Program
Governor Phil Murphy and Lt. Governor Sheila Oliver announced $5 million in funding for Phase 2 of the Small Business Lease Emergency Assistance Grant Program, which provides grants up to $10,000 for…
Mercadien Webinar Replay: The Growing Landscape of Cannabis Banking
Dominic Hulick, CAMS, Supervisor & Kyle Dennerlein, CAMS, CCBP, Senior BSA Analyst of Mercadien’s Financial Institutions Services Group presented a webinar The Growing Landscape of Cannabis Banking on Wednesday, February 3rd.…
Funding Alert for Small Businesses and Restaurants in NJ & PA
NJEDA Announces $10 Million Second Phase of the Small Business Emergency Assistance Loan Program On Wednesday, January 27th, The New Jersey Economic Development Authority (NJEDA) announced it will open pre-registration…
PPP2 is Here – What You Need to Know
On Monday, December 21st, the U.S. Senate and House of Representatives passed a $900 billion COVID-19 relief bill, called the Consolidated Appropriations Act, that provides $600 stimulus payments to individuals,…
State & Local Tax Considerations for Remote Employees During the COVID-19 Pandemic
As we all have witnessed over the last several months, the novel COVID-19 pandemic has changed the way the world works. Now, the physical location of businesses has less relevance.…
Navigating the Changing & Growing Landscape of Banking Cannabis
Cannabis is inclusive of marijuana, hemp and CBD. Recently, more states, including New Jersey, have legalized marijuana for recreational use and the number of states that have legalized marijuana use,…