2012 Archives - Page 6 of 11

Acquisition Prompts Expansion… With PrinSource, North Mill Enlarges Footprint, Adds Factoring Services to Offerings

What started as a business idea at the dawn of the economic crisis, North Mill Capital is now a formidable competitor in the small-ticket lending space thanks to its dedicated founding stakeholders and solid organic growth. Today, through its recent acquisition of PrinSource Capital, North Mill has expanded its footprint westward and added factoring services to its product offerings.

What Washington Can Learn From the Five Stages of a Turnaround

Our political leaders need to learn how to turn a troubled economy around. A framework like the five stages of turnaround can help. The job is difficult, but possible. There are many lessons that have been proven in the private sector, which can be transferred to the public sector. Many new political leaders are showing the way; others should follow.

August 1, 2012 political leaders ABF Journal

July/August 2012

JULY/AUG 2012
Annual Products and Services Issue
Vol. 10, No. 5

July 31, 2012 ABF Journal

Steering Clear of the Brink Early Warning Signs Can Pinpoint Business Troubles

When a company is headed for trouble, all stakeholders share the added risk. Directors and top management are often aware that problems exist, yet they delay in correcting them. This denial is often veiled in stubborn corporate pride. Yet it renders board members and even upper management unable to recognize the key warning signs that suggest a company is on its way toward trouble. Yet, all is not lost. There are ten common early warning signs that mark a company heading for trouble.

June 1, 2012 management team ABF Journal

Anatomy of a Turnaround — Downey Regional Medical Center Exits Bankruptcy Healthier Than Ever

In March of this year, Downey Regional Medical Center in Los Angeles County successfully emerged from bankruptcy as a healthier and stronger healthcare provider. Key to the success was the assembling of a team of professionals who could see beyond the problems of the past and focus on finding the solutions.

June 1, 2012 DRMC ABF Journal

ABLs in Uncertain Times: Sorting Risk From Opportunity In Today’s Fragile Recovery

ABF Journal spoke with leading executives, primarily from bank-affiliated ABLs, to get their perspective on where we might be headed through the remainder of this year and into 2013 and beyond. While most ABLs seem to agree there’s room for cautious optimism, the uncertainty surrounding a wide variety of factors — ranging from energy and commodity prices, to housing starts, to the viability of progress on the euro-zone debt crisis, to the uncertainty surrounding the vagaries of an election year — gives many a sense that progress will be limited until resolution is gained.

June 1, 2012 Joe Nemia | Sam Philbrick | uncertainty ABF Journal

Villanova 2012: Post-Recessionary Lending and Credit Observations

At the fifth annual Education and Networking Conference sponsored by the New York Institute of Credit, Turnaround Management Association/Philadelphia chapter, the Commercial Finance Association/Philadelphia chapter and the ABF Journal, five ABL leaders offered their perspectives on post-recessionary lending and credit. Participating on the panel, moderated by Blank Rome’s Paul Shur, were Richard Bochicchio, managing director, […]

June 1, 2012 North Mill Capital | Sovereign Bank | TD Bank ABF Journal

The ‘Other End’ of the Market: Increased Competition Indicates a Fertile Playing Field

In this year’s ABL Marketplace issue, ABF Journal gives equal voice to the “other end” of the market — namely to the deals $20 million and under. As such, we invited Bridge Bank’s Darla Auchinachie, Marquette Business Credit’s Guy Camerlengo, MidCap Business Credit’s Seth Cooper and AloStar Business Credit’s S. Scott Simmons to provide an outlook on what turns out to be a fertile playing field.

June 1, 2012 Camerlengo | Darla Auchinachie | Guy Camerlengo | S. Scott Simmons | Seth Cooper ABF Journal

From Gaining Market Share to Regulatory Compliance TD Bank’s Greg Braca, Joe Nemia Say It’s Full Speed Ahead

In March of this year, TD Bank announced its veteran banker in the metro-New York area Greg Braca would assume the post as head of Corporate and Specialty Banking. Some six months earlier, Joe Nemia joined the bank to lead its ABL group. Here, the two discuss everything from future plans for the unit to the bank’s ability to embrace the realities of doing business in a highly regulated environment.

June 1, 2012 Commerce Bank | Greg Braca | Joe Nemia ABF Journal

Secured Lender Loses to IP Owner in Dispute Over Proceeds of Trademarked Inventory

In Variety Wholesalers, Inc. v. Prime Apparel, the borrower sold to a customer certain goods that incorporated a trademark owned by the borrower’s vendor. This case highlights an often overlooked category of risk for secured lenders — the risks associated with financing inventory sold in violation of third-party intellectual property rights.

June 1, 2012 Blank Rome | Robert B. Stein ABF Journal

Category: 2012