IP Asset Value as Collateral:  The Increasing Use of Patents as Collateral in Asset-Based Lending

Sung Kim of Appraisal Economics discusses the emerging trend of using patents as collateral in asset-based lending.

First Niagara Names Fluharty Senior BDO, Commercial Finance

First Niagara announced the appointment of Robert Fluharty to senior business development officer for First Niagara Commercial Finance. Fluharty was previously a SVP, relationship manager at Santander

Mackinac Commercial Credit Becomes ABL Division Of mBank

Mackinac Commercial Credit has been merged into mBank and is now the asset-based lending division of the company.

Bibby Financial Promotes Kastner to EVP/Head of Business

Bibby Financial promoted Barry Kastner to executive vice president, head of business for the company’s large business unit after being hired to lead its asset-based lending platform just four months prior.

Privately Owned and Ready to Grow: Miller’s ABL Journey Takes Him Back to Rosenthal & Rosenthal

When Rob Miller took over as the head of the asset based lending group at Rosenthal & Rosenthal at the end of March, it marked a homecoming for the 30-year veteran of the financial services industry. In the months that followed, Miller has assessed the portfolio of the privately-owned company and positioned it for a “limitless future.”

RBS Invoice Finance Appoints New ABL Head in South UK

RBS Invoice Finance announced the appointment of Oliver Wilson as head of Asset-Based Lending for the South West and Wales region.

TD Bank Promotes Iannuccilli to VP/BDO ABL Mid-Atlantic

TD Bank said it has promoted Joseph A. Iannuccilli to vice president, business development officer in Asset-Based Lending. He will be responsible for ABL relationships across the Mid-Atlantic region.

Choosing the Right Loan Structure — In a Borrower’s Market

Wells Fargo Capital Finance’s Barry Bobrow writes to the CFO to explain the benefits of stepping outside the traditional loan structure and into an asset-based facility. Using some case studies as an example, Bobrow is able to highlight why choosing an ABL structure better fits the needs of certain borrowers in an ever evolving market.

Asset-Based Lending 2.0

Over the past two decades, banking has changed radically. From the rise of interstate banking to new regulation and financial reform, asset-based lending has maintained static — until now. Triune managing director Timothy Alexander asks, “Can you teach an old ABL dog new tricks?”

Federal National Now Offers Asset Based Lending

Federal National Commercial Credit now offers asset-based lending to provide a better financing fit to more small businesses. Federal National said it can now serve companies with diverse assets types or customers and receivables that are not as well served by a factoring approach.