Category: General Business

TD Economics Forecast: Fiscal Austerity Will Slow Economic Growth in the Years Ahead

TD Economics said in its latest quarterly economic forecast that economic growth over the last year has been modest, but healing has continued as the housing market has become a tailwind rather than a headwind. The worst of the deleveraging cycle and its dampening effect on economic growth appears to be over, TD says, but, just as the U.S. economy appears set for take-off, one obstacle remains.

With Fewer Opportunities and Lower Utilization — What Comes Next in Restructuring?

Ongoing sluggish economic growth and high levels of corporate debt created an expectation that post-recession restructuring activity would continue at a reasonable pace. However, as measured by U.S. bankruptcies, the trend seems to have reversed. AlixPartners’ Thomas Osmun and Joseph Mazzotti examine where the bankruptcies have gone, activities that have taken their place and what it means for the restructuring industry.

GE CCO Discusses NCMM Survey Loan Issuance Off, Yet Still a Lot of Supply

GE Capital recently partnered with the Ohio State University Fisher College of Business to establish the National Center for the Middle Market, which produces a Middle Market Indicator Survey. ABF Journal spoke with GE Capital’s Robert McCarrick as he relayed the findings of the survey and explained that although there is increasing pessimism about the economy and loan issuance is off, there is still financing out there — a benefit to both lenders and borrowers.

Flexibility, Flexibility, Flexibility ABL, Factoring Software Must Be Tailored to Both Borrows & Lenders’ Needs

Opportunities are there for those with the tools and talent to seek them out. Even with the additional requirements placed on lenders by regulators and auditors both the factoring and asset-based lending industries have experienced growth in recent years. William Stucky & Associates’ Roseanne Doyle discusses the software requirements and flexibility needed to ensure success for both lenders and borrowers.

Sectors Offer a Mixed Bag of Opportunity

To launch the new year, we asked Rosenthal & Rosenthal’s James Occhiogrosso to take a look at borrower sectors that rely on factoring and asset-based financing in this, ABF Journal’s first ever Specialty Lending Forecast. While certain sectors offer opportunity, all require diligence and in some cases, patience.