Innovative Financing: From Mellon & Sons to Alternative Lenders’ Impact on ABL Today

In the face of continuing bank regulation, alternative lending companies are launching to fill in the gaps. ABF Journal contributor Hugh Larratt-Smith examines the types of loans these lenders are providing and shows how ABL lenders can benefit by teaming up with these new players.

Deutsche Agents $60MM BDCA Revolver

Business Development Corporation of America announced it entered into a $60 million senior secured revolving credit facility. Deutsche Bank AG, New York Branch is the lender and administrative agent.