Time is Running Out for Lenders to Protect Against Defaults on Non-Performing Loans

With COVID-19 causing a drastic decline in revenues for many businesses, lenders have made a number of accommodations for non-performing loans, particularly through short-term deferrals. However, as the pandemic rages on, Bill Lawrence explains why lenders need to be proactive to avoid risk.

January 21, 2021 Altman Z-Score | Boston Federal Reserve Bank | Edward Altman | Eric Rosengren | Federal Reserve | Federal Reserve Bank of Dallas Grace Garwood

Evaluating Working Capital in the ‘New Normal’ of the COVID-19 ABL World

As the COVID-19 pandemic ramps back up through the end of 2020 and the beginning of 2021, a tentative ‘new normal’ has set in for borrowers and lenders alike. Juanita Schwartzkopf explains how asset-based lenders should adjust their evaluation processes for working capital in this environment.

January 21, 2021 COVID-19 | Focus Management Group | Juanita Schwartzkopf | working capital Grace Garwood

Overlooked Assets: Using Patents for Financing New Businesses

The use of patents as loan collateral by early stage companies is extremely rare. But these companies can unlock the collateral value of their patents and secure cost-effective financing by using insurance to transfer business viability risks.

January 21, 2021 Edge Management | Loan Collateral | Nemo Perera | patents Grace Garwood

Callodine Commerical Finance Seeks a Bigger Piece of the Private Credit Pie

The Callodine Group became one of the newest entrants to the asset-based lending and private credit sector when it acquired Gordon Brothers Finance Company and rebranded it as Callodine Commercial Finance. With an experienced team in place, the new entity is looking to attack a market rife with opportunities.

January 21, 2021 Callodine Commercial Finance | Gordon Brothers Finance Company | The Callodine Group Grace Garwood

Growing Gerber: Exploring Gerber Finance’s Rapid Evolution in 2020

Gerber Finance has been exceptionally busy in 2020. In addition to dealing with the COVID-19 pandemic, the company installed Jennifer Palmer as its new CEO and launched two divisions to better serve existing and prospective clients. Through it all, the company has maintained its dedication to service while keeping an eye on the future.

January 21, 2021 Andrew Hollingsworth | Entela Semini | Gerald Joseph | Gerber Finance | Jennifer Palmer Grace Garwood

The Rise of Bank-Owned Asset-Based Lenders that Act Like Non-Banks

Charlie Perer outlines an emerging trend of bank-owned asset-based lending divisions conducting business in a fashion similar to non-bank asset-based lenders while gaining an advantage due to the ability to price like a bank.

January 21, 2021 Charlie Perer | SG Credit Partners Grace Garwood

December

November/December
Outlook
Vol. 6 No. 18

January 21, 2021 Grace Garwood

Highs and Lows: ABL Leaders Unpack 2020 and Prepare for 2021

To get a handle on how the asset-based lending industry has traversed a tumultuous 2020 and where it is headed in 2021, ABF Journal spoke with executives from Siena Lending Group, Context Business Lending, PNC and BMO Harris in an exclusive Q&A.

January 21, 2021 BMO Harris | Context Business Lending | Meredith Carter | Miin Chen | Mike Scolaro | Peter Mardaga | PNC | Siena Lending Group Grace Garwood

September/October

September/October 2020
Innovation
Vol. 18 No. 5

December 18, 2020 Grace Garwood

The Nuts and Bolts of a Workout In a Pandemic Environment

Workout activity has reached a fever pitch in the wake of the COVID-19 pandemic. Jeffrey A. Wurst provides important tips, recommendations and considerations for secured lenders looking to execute successful workouts with a growing population of distressed borrowers in the current marketplace.

December 18, 2020 COVID-19 | Jeffrey A. Wurst Grace Garwood