NAVIGATING ENERGY VOLATILITY: Understanding the Principles of Commodity Risk Management

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?

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.

August 2019

August 2019
Risk Management
Vol. 17 No. 5

STRONG MARKET TAILWINDS PROMISE BRIGHT FUTURE FOR AVIATION LENDING

For passengers, the thrill of flying has dimmed as we’ve been shoehorned into seats and charged for our in-flight beverages. Yet Jennifer Villa Tennity points out that despite these inconveniences, air travel is still booming. For aviation lenders, this is very good news.

DIGITAL SOLUTIONS TO ABL DILEMMAS: Streamlining the Lending Process Through Technology

For many borrowers, asset-based loans are a lifeline, providing access to working capital that supports their businesses. But no one would deny that the loan process and follow-up monitoring is archaic and cumbersome. Craig Sproule explains how “no code” digital solutions can change the process and create a more efficient, cost-effective ABL lending platform.

BURNLEY CAPITAL LAUNCHES TO PROVIDE BORROWERS WITH MORE THAN A CHECKBOOK

Burnley Capital, a new ABL lender, is a partnership between a lender in Boston and a management consultant in Minneapolis, but thanks to the wonders of modern technology, the pair are able to work together without relocating. They offer borrowers more than a checkbook; the company sees the value-added assistance it provides as a way to help borrowers succeed.

June 2019

June 2019
Technology Issue
Vol. 17, No. 4

WHEN IT’S TIME TO STEP AWAY FROM TRADITIONAL ASSET-BASED LENDING FACILITIES

Tired of trying to stand out in a crowded ABL market, Briar Capital chose to move in a different direction. The company had always offered ABL real estate-based loans. Now Briar is exclusively lending against owner-occupied commercial real estate. Jeff Van Sickle explains how Briar arrived at this decision and shows how the company is able to work with asset-based lenders who previously viewed it with suspicion.

THE TURNAROUND MANAGEMENT ASSOCIATION

When I joined TMA more than 18 years ago, it was a pleasure to become a part of a community that was enthusiastic and connected and whose members collectively made each other better professionals. Today, I am honored to take the reins as this year’s president of TMA Global, standing at the center of an […]

THE PROBLEM SOLVER: Turnaround Management and How to Expand a Business

GlassRatner had a well-established, successful 17-year run as an independent turnaround management firm before merging with B. Riley in 2018. Ian Ratner reflects back on how the company built its own particular reputation and what eventually led to the decision to become part of a larger organization.