For years, software lenders relied on recurring revenue, high retention and strong margins as evidence of credit quality. Artificial intelligence is complicating that assumption. A software-as-a-service (SaaS) borrower can still report healthy annual recurring revenue (ARR) growth and net revenue...

ABF Journal shares the latest episode of the Turnaround Management Association (TMA) 10-part Leading Edge Series, produced in partnership with Second Wind Consultants and Rise Alliance. The series spotlights the people and perspectives shaping the turnaround and restructuring industry. What...

Solifi has made its third acquisition in 14 months, acquiring Inovatec and adding retail automotive and power sports loan origination technology to a secured finance platform that already spans equipment, wholesale and working capital finance. Inovatec, founded nearly 20 years...

The first-order effect of the 2025 tariff escalation on middle market manufacturing has registered most visibly in income statements, but its second-order effect — reshaping the asset-based lending market that finances working capital cycles — is equally consequential and considerably...

The shift toward capital-light corporate operating models has been reshaping balance sheets for more than a decade, but the financial infrastructure absorbing the assets being shed has only recently reached a scale that demands the attention of every participant in...