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...