SG Credit Partners Provides $1.25MM for Carwash Company Real Estate Acquisition

SG Credit Partners provided $1.25 million in financing for a real estate acquisition by a single-asset real estate holding company owned a by a carwash company based in the Midwest.

March 24, 2021 SG Credit Partners Ian Koplin

The Next Frontier: ABL for E-Commerce /Direct-to-Consumer Companies

The transition to a more e-commerce-focused economy has been underway for more than two decades. At this point, it is no longer a trend but a permanent (and dominant) piece of the consumer spending landscape. Such a reliance on e-commerce will continue to call for a reimagining of how asset-based lenders provide capital to businesses that sell their goods virtually. In a Q&A for ABF Journal, Derrick Wong of Pacific Premier Bank spoke with Jessica Bates of Dwight Funding about the ins and outs of asset-based lending to e-commerce brands.

December 18, 2020 Derrick Wong | Dwight Funding | e-commerce | Jessica Bates | Pacific Premier Bank Grace Garwood

Who’s Next?: Marco Financial Breaks the Mold in Trade Finance

If you haven’t heard of Marco Financial yet, you will soon. The “tech-enabled” factoring startup launched in 2020 with its sights set on the SME and trade financing world, specifically in Latin America. The company currently plays on the lower end of the capital spectrum, with most of its initial deal opportunities below $1 million, but with an impressive executive team, a heavy reliance on technology and the financial backing of some heavy hitters in the venture capital space, the company is poised to grow far beyond its current capabilities.

December 18, 2020 Jacob Shoihet | Marco Financial | Peter Spradling Grace Garwood

March/April

March/April 2020
Bankruptcy
Vol. 18 No. 2

June 24, 2020 Specialty Lending Phil Neuffer

Where Money Moves Like Molasses: Lending to The Advertising Media Space

Global spending on advertising in 2020 is forecast to exceed $700 billion. Bernard Urban investigates the complexities of lending to this space where money moves like molasses and nonbank lenders are entering the game at an increasing rate. 

April 9, 2020 Bernard Urban | Global spending | Silverblade Partners Kevin Finegan

Broken Leveraged Loans: The Coming Feast For Asset-Based Lenders

Institutional investors, under pressure to deploy funds, have resorted to taking on even more risk. Hugh Larratt-Smith examines the proliferation of covenant-lite loans in the market and their implications for the industry. 

April 9, 2020 Hugh Larratt-Smith | leveraged loans | Trimingham Kevin Finegan

Collateral Description By Reference

Jeffrey Wurst examines two standards of the UCC for collateral description. He explains why lenders must exercise caution when intending to lend against collateral that is represented not to be part of a prior lender’s collateral package. 

April 8, 2020 collateral description | Jeffrey A. Wurst | Ruskin Moscou Faltischek | UCC Kevin Finegan

Everybody Eats: Why is Food Processing Risky Right Now?

Food-related businesses are under stress. Why is this happening to industries that serve such a basic need? Juanita Schwartzkopf explores the causes of this trend, such as changes in consumer preferences, and says lenders and borrowers must remember that cash is king when it comes to today’s food chain.

April 8, 2020 Focus Management | food processing | Juanita Schwartzkopf | risky food processing Kevin Finegan

Investor Pre-Funding Rights In Subscription Credit Facilities

Lenders and funds continue to explore innovative ways to include a wider pool of investors in the borrowing base. But care should be taken to understand the provisions of a fund’s constituent documents and side letters when considering such an approach.

April 8, 2020 Aubry D. Smith | Investor pre-funding | Kristin M. Rylko | Mayer Brown | Michael Loquercio | Vincent R. Zuffante Kevin Finegan

Looking Back On A Career In Bankruptcy: Q&A With The Honorable Kevin Gross

After serving the U.S. Bankruptcy Court for 14 years, The Honorable Kevin Gross is retiring. In a Q&A with ABF Journal, he looks back on the events that led him to bankruptcy and the most important cases that came before him. 

April 8, 2020 Judge Kevin Gross | The Honorable Kevin Gross | US bankruptcy Court Kevin Finegan