Community Banks: Darkhorse Competitors to Super-Regional and National Banks

A virus of acquisitions has enabled national and super-regional banks to bulk up over the last decade. Their smaller cousins — community banks — are often dismissed as warehouses for customer deposits and little more. Charlie Perer points out that when community banks acquire some some specialty lending platforms and pair them with deep hometown relationships, they can rival the big boys.

Super G Provides $2MM Junior Participation Term Loan

Super G Capital provided a $2 million term loan to a producer of parts for OEM manufacturers in the agriculture, construction, mining, and oil & gas industries.

Chiron Financial Supports Genco Refi

Chiron Financial served as the exclusive investment banker to Genco Energy Services in an out-of-court restructuring and refinancing.

Accurate 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 a low. Appraisals from the Big Four firms have held up. Charlie Perer looks into his crystal ball to envision the ABL scenario when the next recession hits.

Super G Provides $900K Airball Facility to Textile Firm

Super G Capital provided a $900,000 stretch facility to a U.S. manufacturer of specialty textiles.

Super G Provides $2.5MM Seasonal Loan to Plant Grower

Super G Capital provided a $2.5 million seasonal loan to a producer of perennials, annuals and tropical plants and one of the largest greenhouse operations in the U.S.

Super G Provides $2MM Bridge Loan to Drug Company

Super G provided a $2 million bridge loan to an outsourced pharmaceutical service provider conducting clinical research.

Super G Provides $2MM 2nd Lien Loan for Healthcare Firm

Super G Capital provided a $2 million second lien working capital loan for a sponsor-backed provider of employee healthcare management services.

The Changing Landscape of Non-Sponsor Finance

With too much capital chasing too few transactions, the middle market is ripe for change. Charlie Perer predicts an explosion of debt options for non-sponsor backed companies over the next 10 years. He notes that as non-banker lenders offer customers more service and flexibility, banks will respond by consolidating.

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.