Category: Industry Related

Villanova 2013 — Today’s Lending Environment: Industry-Specific Observations

At the sixth annual Education and Networking Conference sponsored by the New York Institute of Credit, the Philadelphia chapters of the Turnaround Management Association and Commercial Finance Association and the ABF Journal, four leaders in the commercial lending space offered their perspectives on today’s lending environment and provided observations from their respective areas of specialization.

Film Financing… It’s Not About Box Office Performance

In a Q&A with ABF Journal publisher Jerry Parrotto, Joe Woolf, executive vice president, media and entertainment finance, OneWest Bank, talks about the key risks with film production loans, which usually involve a detailed cash-flow budget, timeline to produce the film and a collateral pool known as “pre-sales” to support the financing. Lenders will typically mitigate risk via the engagement of a third party that monitors production and cash-flows to ensure the project is completed on time and on budget.