Mar 22, 20184 min readAccurate Appraisals Ground Airballs But Will They Hold Up if a Recession Hits?The soaring stock market has resulted in a frothy ABL market with competition at an all-time high and liquidations, outside of retail, at...
Jul 10, 20175 min readSpecial Assets: No Longer the Last StopBanking divisions formed to focus on troubled and stressed bank credits – known as Special Assets Groups (SAG) – are going through a...
Mar 26, 20176 min readNew Lending Structures Combat the Rise of Daily Debit Loans: The ABL Industry Strikes BackOnline lenders have made it quick and easy for business borrowers to access cash in a crunch. But these fintech lenders rely on...
Mar 21, 20176 min readSecond Lien Loan Trends in the Lower Middle MarketA recent Reuters article citing demand for second lien loans to U.S. based middle-market companies has sparked a renewed interest in...
Mar 3, 20173 min readThe Lost Art of the Loan PurchasePurchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily executable and solidifies...
Sep 13, 20166 min readSecond Lien Debt Opportunities in the Lower Middle MarketLower middle-market second lien debt fills a much needed capital void by providing a product that is subordinated to an ABL or senior...
May 24, 20165 min readHand-to-Hand Combat and the Need for Second Lien FinancingAs credit tightens, middle market companies are being squeezed from all sides. Lenders offering short-term second lien or stretch loans...
Feb 2, 20164 min readFinancing the Bank-to-ABL TransactionAsset-based lenders have become the bedrock debt capital partner for any business’s rise to bankability. The product is high touch and...
Oct 8, 20153 min readThe Rise of 2nd Lien Lending to Fill the Void in the Credit MarketsSecond lien debt is a unique product that seeks to fill the void in the credit market created by limitations of formula-based senior...