Restructurings in Land Drilling Evaluating Fracking Suppliers & Providers

Evidence shows onshore drilling activity in the U.S. is not sustainable, given the current state of oil prices and issues facing producers. Joseph R. D’Angelo, partner at Carl Marks Advisors, looks at restructuring issues facing fracking suppliers and providers, and advises steps to take when ABLs are hit with vulnerable credits.

April 8, 2015 Carl Marks Advisors ABF Journal

Managing Debtors South of the Border Protecting Your Investments in Mexico

Robyn Barrett, founder of FSW Funding, says stereotypes about Mexico may deter some lenders from extending credit into the country — a potential missed opportunity. She stresses that every country presents its own set of risks and challenges, and a proactive approach can temper risks and ensure a favorable outcome.

April 8, 2015 FSW Funding ABF Journal

Funding Naadam Cashmere: One Step Closer to Achieving a Vision

Alternative forms of financing such as A/R factoring are flexible enough to focus on a company’s future potential and growth, as well as its history. Leigh Lones, CEO of Bibby Financial Services, recounts how Bibby crossed paths with Naadam Cashmere and why the factor took a chance on financing a unique and socially conscious business.

April 8, 2015 Bibby Financial Services ABF Journal

Entrepreneurial Leap Pays Dividends Thriving in Global PO after 20 Years

When Edward King founded King Trade Capital in 1993 in response to the need of a friend, he never envisioned achieving nearly $2 billion of capital deployed or becoming one of the most sought-after U.S.-based global purchase order/trade finance companies. But he did it — with integrity, discipline and entrepreneurial instinct.

April 8, 2015 King Trade Capital ABF Journal

Disposition Experience… Driving the Trading Value of Assets

Kenneth S. Frieze, CEO of Gordon Brothers Group, examines risk factors associated with underwriting new loans and recovering on those in distress. He notes that “getting it right out of the gate” requires a deep understanding of the trading value of assets, and asserts that nothing can substitute for disposition experience.

January 27, 2015 Asset Values | Gordon Brothers Group | Kenneth S. Frieze ABF Journal

Strategic Acquisition to Drive Profits: MB Business Capital’s Michael Sharkey Sees Bright Future for Rebranded ABL

In this Q&A with Michael Sharkey, the president of MB Business Capital discusses plans for the newly rebranded commercial bank, formerly Cole Taylor Business Capital, following MB Financial’s acquisition of Taylor Capital Group in August 2014. Sharkey aims to steer MB Business Capital toward becoming one of the country’s top ABLs.

January 27, 2015 MB Business Capital | Michael Sharkey ABF Journal

Anatomy of a Fraud: Playing Defense to Minimize Losses

Joseph Iannuccilli, founder and CEO of Sound Shore Financial, recounts a memorable fraud uncovered by his field examination firm, and illuminates why a field exam is key to avoiding or minimizing loan losses for a lender. In this case, the lender noticed availability tightening, receivable turnover dramatically increasing and the loan balance rising.

January 27, 2015 Anatomy of a Fraud ABF Journal

No ‘Cookie Cutter Deals’ — Why Creativity is Key to Winning Business in 2015

Though similar themes of high liquidity, increased competition and decreased spreads continue to echo in the market, five industry luminaries share their thoughts with longtime ABF Journal contributor Lisa Miller on new money opportunities, what it takes to win a deal today, when interest rates will rise — and more.

November 5, 2014 new money opportunities ABF Journal

New Asset Management Vehicle… Harnessing a Market Opportunity

Walter Owens, CEO of Varagon Capital Partners, talks about co-founding the one-stop asset manager, providing transparency to build confidence in sponsors and investors, and solidifying the reputation of his new team by financing solutions up and down the capital structure.

November 5, 2014 Varagon Capital Partners | Walter Owens ABF Journal

The Restructuring of Kodak: Bringing Two Well-Positioned Companies into Focus

From Eastman Kodak Company’s storied past to its struggles with market forces and Chapter 11, AlixPartners takes us inside how it played a pivotal role in restructuring and splitting apart an iconic company that stands as one of the most innovative, unusual and successful deals ever consummated in the history of cross-border insolvency.

September 24, 2014 AlixPartners | Eastman Kodak | Kodak | Kodak Alaris ABF Journal