Tag Archives: Andy Babcock

White Oak and Tiger Provide $90MM ABL to Support TerraMar’s Acquisition of Metals Distributor

White Oak Commercial Finance provided a $80 million revolver to a Midwest-based distributor and value-added service provider of specialty metal products with operations throughout the United States. Additionally, Tiger Finance provided a $10 million term loan to the company.

Have No Fear: Why the Rise of Amazon Is Good For the ABL Sector

The metamorphosis of Amazon from a bookseller to one of the largest retailers on the planet has permanently changed the business landscape. Yet ABL lenders have hesitated to lend against inventory held at Amazon’s warehouses. Tiger Capital’s Andy Babcock and Ryan Davis assuage lenders’ fears. They explain how the Fulfillment by Amazon program benefits sellers and creates a seamless, profitable liquidation process for lenders.