A Crucial Link in Complex Specialty Finance: The Role of Debt Advisors in Asset Based Lending

Navigating the waters of specialty lending can be a challenge for lenders not familiar with industries like education, staffing or cannabis. Debt advisors provide expertise in those areas and can broker deals, acting as matchmakers between borrowers and lenders. Hugh Larratt Smith takes a look at this rising industry and explains the value debt advisors can bring to specialty lending.

Citizens Commercial Arranges $24.5MM Facility for Nixon

Citizens Commercial is the sole lead arranger in providing a $24.5 million credit facility to Nixon, a designer, marketer and distributor of watches, clothing and accessories.

Ares Provides $30MM Refi Facility to Capstone Nutrition

Ares Commercial Finance provided a $30 million secured revolving line of credit to Cornerstone Research & Development, d/b/a Capstone Nutrition. The proceeds were used to refinance the company’s existing debt and support working capital.

Texas Capital Bank Dives into the ABL Pool: Capriotti and His Team from JPMorgan Have Moved to a New Neighborhood

Deep in the heart of Texas, the ABL world is heating up. Despite reports that the landscape is flat and banks have become reluctant bedfellows, Chris Capriotti and two members from the JPMorgan ABL team moved to Texas Capital Bank recently to ramp up its ABL division and transform a regional bank into a national player.

Hitachi Business Finance Releases Educational ABL Infographic

Hitachi Business Finance has released an infographic that explains the basics of asset-based lending and how it can improve a company’s cash flow.

When ABL is the Family Business: TD Bank’s Nemia Looks Back at 35 Years in the ABL Industry

Over the course of his 35-year career, TD Bank Executive Vice President and Head of Asset-Based Lending Joseph Nemia has worked at some of the most storied companies in the business — Chase Manhattan, CIT and GE Commercial Finance, among others. He shares his perspective on today’s ABL world and offers a look back at the days when interest rates spiked at 20% and inflation ran wild.

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.

The World of ABL: Still Flat After All These Years

2016 has been a roller coaster year fueled by a contentious U.S. Presidential election, sinking energy costs and the surprise British vote to exit the European Union. Yet, for a second year, the ABL front remained quiet. Too quiet, some might say. As we prepare to say “good riddance” to 2016, ABF Journal contributor Lisa Miller speaks with ABL leaders about the state of the industry. Spoiler alert: They don’t see much change for 2017.

Investors Bank ABL Unit Arranges $5MM Revolver for Plus Funding

Investors Bank’s Asset-Based Lending group recently arranged a $5 million revolver for the Plus Funding Group.

Cross-border Asset-Based Lending Doing Business in a Global Economy

As the world moves toward a global economy, cross-border asset-based lending is becoming a way for small- and medium-sized businesses to work together to complete transactions. Fatos Selita discusses the advantages of crossing borders to make deals.