In this installment of our series “Executive’s Corner,” featuring guest writer Charlie Perer of SG Credit Partners, the author sits with...
In our debut installment in a series of “Executive’s Corner” articles from guest writer Charlie Perer of SG Credit Partners, the author...
Business Development Companies (BDCs) and private credit funds are transforming the asset-based lending (ABL) industry at every level –...
A virus of acquisitions has enabled national and super-regional banks to bulk up over the last decade. Their smaller cousins — community...
During the Great Recession in 2008 senior bank executives started to become keenly aware of portfolio risks associated with small...
Portfolio management has become the most dynamic position in the asset-based lending industry. It is also the most powerful position in...
The simplicity and speed required to put together a unitranche facility has made it a popular option for borrowers and lenders. However,...
The soaring stock market has resulted in a frothy ABL market with competition at an all-time high and liquidations, outside of retail, at...
Banking divisions formed to focus on troubled and stressed bank credits – known as Special Assets Groups (SAG) – are going through a...
Online lenders have made it quick and easy for business borrowers to access cash in a crunch. But these fintech lenders rely on...
A recent Reuters article citing demand for second lien loans to U.S. based middle-market companies has sparked a renewed interest in...
Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily executable and solidifies...
Lower middle-market second lien debt fills a much needed capital void by providing a product that is subordinated to an ABL or senior...
As credit tightens, middle market companies are being squeezed from all sides. Lenders offering short-term second lien or stretch loans...
Asset-based lenders have become the bedrock debt capital partner for any business’s rise to bankability. The product is high touch and...
Second lien debt is a unique product that seeks to fill the void in the credit market created by limitations of formula-based senior...
