With COVID-19 cases on the rise, much uncertainty remains about how much more damage the pandemic will inflict on the U.S. economy, particularly on certain sectors and small businesses. What is clear, however, is that many businesses will continue to require infusions of capital to stay afloat, and that private sector capital providers will need to play a role in long-term recovery efforts. In this Kenan Insight, we explore how those providers will need to shift their approach to risk assessment in the post-COVID world, and what opportunities might be created for investors who can solve two outstanding issues.