Published Articles Archives - Page 85 of 115

ABLs Face Excess Liquidity, Fierce Competition… And It’s Not Abating Anytime Soon

With so much liquidity in the marketplace and the need to deploy it, banks and other lenders are entering the asset-based lending marketplace. ABF Journal speaks with five ABL leaders to get their insights on today’s competitive lending environment and their respective strategies to stimulate deal flow and to differentiate their institutions on such a crowded playing field.

FinalCut: JPMorgan-Led Group Ups J.C. Penney Borrowing Capacity

ABF Journal illustrator Jerry Gonzalez shares his interpretation of J.C. Penney increasing its borrowing capacity by $100 million through a 27-bank lender group led by JPMorgan.

April 23, 2013 Barclays Bank | J.C. Penney | Wells Fargo Bank ABF Journal

Fair Market or Value in Use? — GM and the Valuation of Collateral

Although the Chapter 11 bankruptcy of General Motors has all but vanished from the headlines, it is still making waves with an interesting and deceptively simple decision on the valuation of a secured creditor’s collateral.

April 23, 2013 GM ABF Journal

Guess What? Ninth Circuit Splits with Fourth Circuit in Ruling on Involuntary Petition Against Guess Founder Marciano

The Marciano decision is an important ruling for creditors that may be considering an involuntary petition. As Lesley Hawes explains, there is limited reported case law addressing involuntary petitions, and this decision creates an easy-to-follow, bright-line test for determining whether a petitioning creditor with a judgment that is on appeal but not stayed has a claim that satisfies the requirements of §303(b)(1) of the Bankruptcy Code.

April 23, 2013 Ninth Circuit ABF Journal

Import/Export Factoring — Going Where Traditional Financial Service Firms Fear to Tread

Over the past five years, the import/export sector expanded significantly. However, traditional financing tools available to small businesses in this arena continue to shrink, leaving behind a marketplace opportunity with enormous potential for import/export trade finance and factoring firms.

April 23, 2013 Import/export trade credit ABF Journal

Speed is of the Essence… Rapid Execution to Restore or Enhance Profitability

Today’s corporate restructuring initiatives need to move ahead as quickly as possible to effect permanent improvements. Conway MacKenzie’s Tim Stallkamp discusses corporate functions that, when tackled swiftly and pragmatically, can lead to sustainable results that are fundamental to a turnaround.

April 23, 2013 troubled companies | turnaround manager | turnaround plan ABF Journal

Monroe Capital’s Koenig — Middle Market Thought Leader of the Year

ABF Journal contributing editor Howard Brod Brownstein catches up with Ted Koenig, president & CEO of Monroe Capital LLC, who was recently named the “2012 Middle Market Thought Leader of the Year” by The Alliance of Mergers & Acquisition Advisors and Grant Thornton.

April 23, 2013 Monroe Capital ABF Journal

Leading the Way — CIT Trade Finance Raises Awareness of A/R Factoring

Launching Factoring University has increased awareness about accounts receivable factoring and raised the presence of CIT Trade Finance as an expert in the industry. However, Factoring University is just one of the initiatives developed by the group’s president Jon Lucas and his team to approach the business from a new angle.

April 23, 2013 CIT Trade Finance | Jon Lucas ABF Journal

PO Finance — From Mainstream to Alternative Funding and Back

As purchase order finance has become more mainstream, Paul Schuldiner describes two types of PO finance used most often by borrowers — and points out that providing these products comes with a high degree of risk requiring a skill set not usually found in a factoring or ABL environment.

April 23, 2013 finance facility | purchase order finance ABF Journal

Creative Thinking — New Ways For ABLs to Realize Returns

Although today’s economic environment leaves many middle- and lower middle-market companies struggling to secure capital, it allows asset-based lenders to develop creative strategies and identify overlooked areas of opportunity to realize considerable returns, while enabling access to liquidity for these businesses.

April 23, 2013 Asset Based Lending | Real Estate | tangible assets ABF Journal

Category: Published Articles