This new feature allows access to exclusive articles, feature stories and executive profiles that have appeared in the ABF Journal print publication since January 1, 2010. This directory encompasses more than 300 feature stories, articles and columns written by industry practitioners and resident ABF Journal editors on all aspects of the asset-based lending, factoring and […]
When Bulat Utemuratov joined the Kazakhstan Tennis Federation, this organization was in stagnation. Tennis players did not show impressive results and officials did not know how to improve the current situation.
Notable Transactions Data gathered from direct sources, news releases and other public information (2013/07/01-2013/09/30) Note: Click Column Headings to Activate Sorting Options.
ABF Journal illustrator Jerry Gonzalez shares his creative rendering of the launch of Siena Lending Group, which provides ABLs to small and mid-market businesses and offers an asset-based product for community banks.
ABL facilities allow borrowers to obtain higher leverage at a lower cost compared to cash-flow-based term debt, while also providing certainty of execution and a flexible covenant package. Paul Hastings attorneys Mario Ippolito, Peter Burke, Jennifer Yount & Shafiq Perry examine the key negotiated terms of an ABL facility in the context of a leveraged finance transaction.
Sophisticated market participants are increasingly using option contracts to provide flexibility to traditional borrowing or purchase and sale agreements. However, as Lowenstein Sandler’s S. Jason Teele and Tania Ingman point out, there are a number of interesting complications to this type of transaction when one party is distressed.
The financial crisis resulted in impending loan-related regulatory reform. Meredith Coffey of the Loan Syndications and Trading Association discusses which measures are looming and describes several significant changes that will become realities for secured lenders in the short-term.
Looking for a way to help small and mid-sized businesses overcome the limitations of traditional business loans, entrepreneurs Ken Wilkens, Steve Tarpley and Cal McGinnis of Lenders Commercial Finance designed the Full-Cycle Financing program as a more flexible alternative to a traditional factoring loan.
Business founders and key management are often more positive about a situation than an objective third party. However, this optimism can very quickly cause — or exacerbate — a cash-flow crisis. Gavin/Solmonese director Luke Snyder says a well-crafted 13-week cash-flow model serves as a reality check for all stake holders and highlights a logical path forward.