Category: Issue Topics

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.

TAKING THE TEMPERATURE OF THE BOARD OF DIRECTORS: Why Lenders Should Pay More Attention to Their Borrowers’ Corporate Governance

A strong, independent board of directors can help keep a company on the right financial track. Howard Brod Brownstein, who sits on several corporate boards himself, urges lenders to take a hard look at a borrower’s board of directors before extending a loan or agreeing to forbearance. Brownstein makes a case for lenders to insist on corporate governance before handing over the cash.

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 2019 PHILADELPHIA CREDIT & RESTRUCTURING SUMMIT: Returning Veterans and New Hosts

The 12th Annual Philadelphia Credit & Restructuring Summit returned to its usual March scheduling, but that doesn’t mean everything was the same old, same old. The new ownership for ABF Journal mixed with returning speakers and established organization partners, the New York Institute of Credit, Turnaround Management Association and Commercial Finance Association, as attendees were treated to a full afternoon of industry overviews and, of course, some Jeopardy.