Category: Published Articles

Restoring Disciplined Appraisals and Oversight: Why the Need for Diligence is Essential to Minimizing Risk

Over the past year, the competitive environment in the asset-based lending industry has reached a fever pitch. Competition for a limited number of deals has forced lenders to offer diminished rates to keep clients. In order to offer lower-cost deals, some lenders have decreased the frequency of regular appraisals, often to their own detriment in the long term.

New OCC ABL Handbook Lending: Guidance to Bankers, Examiners

Inez Markovich gives readers an overview on the OCC’s recently issued handbook on asset-based lending. She notes that financial institutions pursuing ABL transactions need to keep abreast of the current examination principles and, if necessary, strengthen internal procedures designed to improve the risk management of their ABL portfolios.

Villanova 2014: Judges, Lenders, Attorneys, Consultants Combine for Best Program Yet

Howard Brod Brownstein provides commentary on this year’s Seventh Annual Education & Networking Conference where bankruptcy court judges, asset-based lenders and attorneys shared their views on restructuring alternatives, lending in today’s environment and recent bankruptcy cases. This was the largest Villanova conference to date with a sell-out crowd of active participants.

Staying Customer-Focused… Service a Top Priority at Investors Bank’s New ABL Unit

Investors Bank jumped into asset-based lending late last year as part of a strategy to diversify its lending products. The group’s new executive team provides insights into how they intend to keep the customer at the center of the process by offering complete depository services plus robust ABL products, encompassing revolvers, term loans and equipment finance.

FinalCut: Brookstone Files for Chapter 11

ABF Journal illustrator Jerry Gonzalez provides his take on recent retail trends whereby e-commerce is the preferred shopping medium over brick-and-mortar stores, resulting in retail shop closures and bankruptcy filings (i.e., Brookstone’s Chapter 11).

Considerable Confusion: Syndication Loan Market Sideswiped by Regulation

Rules and regulations concerning both leveraged loans and collateralized loans continue to be a source of confusion for many. The author dissects the roles of Leveraged Lending Guidance, the Volcker Rule and the Risk Retention in the U.S. syndicated loan market, and provides insights into what each may portend for the future of the market.