Slow and Steady: Battaglia and Encina Business Credit — in the ABL Game for the Long Haul

Starting a new nonbank ABL is not for the faint of heart, says Encina Business Credit CEO Marty Battaglia. The 30-year ABL veteran spoke with ABF Journal editor Nadine Bonner about the challenges of starting a new business and the slow, sure future he envisions.

Acquiring the Polish of Sterling Michael Haddad Moves ABL Team, Looks Forward to ‘Red Hot’ Year

As part of an ongoing expansion in services and marketing territory, Sterling Bank purchased Dallas-based NewStar Business Credit in March, acquiring its president, Michael Haddad and the other team members along with NSBC’s financial assets and clients. ABF Journal spoke with Haddad and Sterling
Specialty Lending Division President Ted Geisel about the impact the merger will have on the unit and their outlook on ABL lending in 2016.

Back to the Future: Kastner Transforms Bibby’s ABL Offerings

ABL veteran Barry Kastner talks about his plans to expand Bibby Financial Services’ ABL offerings. After spending several years working with big banks and entrepreneurial companies, Kastner says Bibby’s family-owned, people-focused culture makes him feel like he’s flown back to the future and found his perfect new home.

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.”

Lending Moxie Offering a Unique Palette of Financing Structures

With the founding of four successful finance companies under their belts, James Irwin, CEO, and Dan O’Rourke, EVP/CCO, talk about the genesis of Metis Commercial Finance and why they believe smaller middle market borrowers can benefit from a lender with a “big-ticket” product suite.

Financing Global Supply Chains Expanding UPS Capital’s International Reach

UPS Capital President Ronald Chang lays out his vision for expanding its financial services offerings and international presence, never missing an opportunity to cultivate the symbiotic relationship with parent company and shipping giant UPS.

Strategic Acquisition to Drive Profits: MB Business Capital’s Michael Sharkey Sees Bright Future for Rebranded ABL

In this Q&A with Michael Sharkey, the president of MB Business Capital discusses plans for the newly rebranded commercial bank, formerly Cole Taylor Business Capital, following MB Financial’s acquisition of Taylor Capital Group in August 2014. Sharkey aims to steer MB Business Capital toward becoming one of the country’s top ABLs.

New Asset Management Vehicle… Harnessing a Market Opportunity

Walter Owens, CEO of Varagon Capital Partners, talks about co-founding the one-stop asset manager, providing transparency to build confidence in sponsors and investors, and solidifying the reputation of his new team by financing solutions up and down the capital structure.

Navigating the Middle Market: Monroe Capital Gets the Unitranche Bump

In an increasingly complicated lending market, sometimes it pays to keep it simple. In an interview with Tom Aronson and Lee Stern of Monroe Capital, ABF Journal contributor Carol Clouse discusses the growing popularity of unitranche loans, which were first widely used during the height of the financial crisis.

View From The Top: Turnaround Award Winner Reflects on Notable Assignments

The 2013 M&A Advisor’s Turnaround Consultant of the Year, Mesirow Financial Consulting President Larry Lattig, talks turnarounds, industry outlook and his good fortune at having a highly competent staff surrounding him.