Category: Factoring/Specialties

For Businesses Seeking Quick Cash, Factoring Can Fulfill a Vital Need

Businesses have been using factoring to fund gaps in working capital for an exceptionally long time, but businesses in real trouble and with immediate needs can really benefit from this type of funding. Nikolai Sands of CohnReznick outlines the pros and cons of factoring for distressed companies and why it should be considered as more than a last resort.

Health Care Services Industry Financing: Potential Pitfalls Can be Costly

The health care services industry is booming with new facilities and innovative drugs developed to serve an aging population. Lenders may see opportunities for profit, but Glenn Prives points out pitfalls in this highly-regulated sector which could have the unprepared lender facing fines or criminal charges. Due diligence is key.

Drawing the Battle Lines: ABL Lenders and BDCs Engage in Tug-of-War Over Unitranche Loans

The simplicity and speed required to put together a unitranche facility has made it a popular option for borrowers and lenders. However, the façade of the split-lien solution is beginning to crack as first and second lien lenders find themselves in a tug of war over intangibles. Charlie Perer explores the ways lien fighting is imploding a once beautiful friendship.