Q4 2021
Diversity, Equity and Inclusion Issue
Vol. 20 No. 1
Creating a fully inclusive workplace requires acceptance and support for all gender identities, including transgender employees and those who identify as non-binary, and a holistic approach to building a gender-affirming culture.
Black women who endure racism in the workplace also face heightened levels of stress and the corresponding risk of negative health outcomes. According to Angelica Geter, chief strategy officer with the Black Women’s Health Imperative, to combat the negative health ramifications of hostile work environments, it is critical to take a research-based approach to diversity, equity and inclusion strategies.
There is no quick fix to racial inequity in the workplace. For companies to avoid performative actions and tokenism, they must acknowledge and understand how their systems are influenced by the history of systemic racism and commit to the long-term, organization-wide efforts it takes to build new standards.
For its second annual Top Women in Asset-Based Lending feature, ABF Journal spoke to more than 50 of the most influential women in the ABL industry across multiple disciplines to learn about the challenges they’ve overcome, the lessons they’ve learned and the many successes they’ve achieved.
FrontWell Capital Partners is a newer entrant in the asset-based lending world, but with its selective approach, experienced management team and laser focus on the opportunities it sees in the Canadian marketplace, it has made itself a company to watch.
With an expanded capital base and a new funding partner in Barings, Encina Business Credit (now Eclipse Business Capital) is taking the next step on its growth trajectory, but as much as things change, the company’s successful approach to the market will stay the same.
Ensuring access to capital is a top priority for any business, particularly during times of distress like the COVID-19 pandemic. To ensure a consistent flow of capital, businesses must diversify their sources, minimize costs and keep their options open.
Syndicating asset-based loans is a tried-and-true method of mitigating the risk of overexposure to certain industries and borrowers, but the process is far from simple, especially considering the different types of lenders. Inez M. Markovich and Howard Brod Brownstein outline some important considerations for successful syndication.