ABL lending may seem cut and dried to outsiders, but those on the inside know that even the most carefully designed loans can go awry. Turnaround specialists Robert Riiska and William White explain what could go wrong with the ABL lender toolkit and how to repair it.
WHAT KEEPS ABL LENDERS UP AT NIGHT? Perils Can Lurk Within the Most Common ABL Reporting Tools
December 18, 2019
THE BANK ABL CONUNDRUM: Why Do Banks Fail to Sell This Excellent Product?
November 19, 2019
An increasing number of commercial banks are creating ABL divisions. Yet, as Charlie Perer muses, these divisions are still playing second fiddle to C&I and not receiving referrals from their C&I colleagues, even when ABL might be a more appropriate product and not utilizing it will cause a client to exit. He explains that breaking down the silos between divisions will serve customers more effectively and keep them as clients.
FINANCING A COMPANY THROUGH ITS UPS AND DOWNS: A Primer for Borrowers
November 19, 2019
Middle market businesses experience different stages of growth and stagnation from start-up to success. Sometimes there is a need for restructuring to turn a struggling business around. Derrick Wong explains different asset-based loan options that can help a company achieve financial stability, whatever stage it may be in.
THE IMPACT OF THE TARIFF WAR ON ASSET BASED LENDERS
November 19, 2019
No one wins a trade war. Hugh Larratt-Smith examines the current take-no-prisoners tariff battle between China and the U.S. and analyzes the impact on asset-based lenders.
ABL: A Sensible Financing Option for Companies in Transition
November 19, 2019
With the current economic winds blowing cold one day and hot the next, companies with solid brands may still find themselves in need of restructuring. Borrowers looking to right the ships of business may find that asset-based loans are the best way to regain solvency. Peter Ulmer explains all the advantages that ABLs offer to the borrower under stress.
GOING UNDER FOR THE THIRD TIME? The State of Restructuring in Shipping
November 19, 2019
The ancient Phoenicians, plying their trade along the Mediterranean, were in thrall to the whims of the sea and never knew if their cargo would arrive safely or end up on the ocean floor. Today’s behemoth vessels are less threatened by wind and the waves than they are by government regulations and economic trade wars. George Mangos explains the complexity of restructuring in today’s maritime industry.
NAVIGATING ENERGY VOLATILITY: Understanding the Principles of Commodity Risk Management
August 22, 2019
Lending in commodity sectors has always been a risky business, but since the 1980 energy deregulation, market volatility has increased. Borrowers who fail to create effective risk management plans can create headaches for their lenders. John Echols and Greg Crowley make a case for effective commodity risk management.
PREPACKAGED FILINGS ARE FLYING THROUGH BANKRUPTCY: Is That Really a Good Thing?
August 22, 2019
Prepackaged restructurings are allowing companies to fly through Chapter 11 at breakneck speed. Michael Eisenband examines some recent cases and explores the ramifications and accommodations made by lenders.
