Using collateral instead of future cash flow may be in the lender’s best interest when underwriting a term loan. Joe Upson and Ken Mann explain how to evaluate when it is best to use collateral and what types of assets are safest for a lender to use.
After a 26-year career working on both regional and global enterprises, Gordon Brothers Finance CEO Gene Martin brings an optimistic work ethic to the middle market.
Before revolving credit, venture capital and equity investments, there was factoring. Today, the world’s oldest method of raising business capital has moved online. With the push of a button, companies can sell their accounts receivable and have funds in their accounts within hours. ABF Journal editor Nadine Bonner speaks with the owners of two fintech factoring companies and their clients to see how factoring has been revolutionized.
As the spring 2016 bank redetermination season approaches, Doug Booth and Brock Hudson take a look at the fallout from the 2015 fall redetermination and analyze the impact of falling energy prices.
Syndicating loans has pitfalls for both investors looking for deals and financial institutions packaging the loans. The Financial Instrument Global Identifier (FIGI) streamlines the process and adds transparency to assist both lenders and investors. Mark Betteridge explains how to use this new standard.
Hollywood is full of Cinderalla stories — plucky independent movies like Rocky and My Big Fat Greek Wedding that defy the odds and become blockbusters. Adrian Ward, senior vice president at Pacific Mercantile Bank, has been financing independent movies for 25 years without reading a script. He shares the true story behind the financing of independent film productions.
ABF Journal illustrator Jerry Gonzalez predicts that the mattress may be a better place to stash your cash than the bank.
The Bankrupcty Code was designed to enable honest debtors to reorganize and get a fresh start. But the growing number of claims traders purchasing these debts from lenders is warping the process, contends Kenneth A. Rosen, a nationally recognized bankruptcy expert.
Retail sales are moving from brick-and-mortar to the Internet. Opportunities still abound for commercial finance consultants, but Donald Barrick points out there are obstacles to be avoided in this new environment.