The Room Has Changed. So Has the Conversation.
Ask a woman who has spent three decades in specialty finance what has changed, and she will often start with...
Forward for Specialty Finance
2026 Summer Top Women
2026 ABF Journal Summer Issue Letter From The Editor
THERE’S A VERSION OF THIS ISSUE THAT LEADS WITH THE NUMBERS, AND HONESTLY, THE NUMBERS ALONE WOULD CARRY IT. Direct...
The ABL Borrowing Base: The Future Ain’t What It Used to Be!
The borrowing base is the operational core of asset-based lending (ABL), determining the maximum amount of credit a lender may...
The Deployment Gap Widens as Direct Lending Volume Falls to a Two-Year Low
“Strong realized returns on a seasoned book can mask the difficulty of building the next one at comparable quality. The...
Private Credit Writes Investment-Grade Paper: The $36 Billion Chip Lease and the Convergence Trade
“Private credit is not merely growing; it is acquiring the plumbing of the broader capital markets it once positioned itself...
The Fed Starts Counting the Nonbanks
Every quarter the Federal Reserve asks a few dozen banks how they are changing the terms on their loans, and...
Factoring’s Quiet Resurgence
The oldest form of commercial finance is having a notably good year. Global factoring turnover surpassed four trillion euros for...
