Asset Based Lending Archives - Page 2 of 5

Examining COVID-19 Pandemic Trends in West Coast Asset-Based Lending

Derrick Wong of Pacific Premier Bank spoke with Rey Abundo of Great Rock Capital and Orrin Belden of Celtic Capital about how the asset-based lending community in California is holding up during the COVID-19 pandemic, providing a potential bellwether for the industry at large.

Why do Small Community Banks Struggle with ABL?

Asset-based lending can be an attractive business, but not every organization is built for it. Charlie Perer of SG Credit Partners outlines why some community banks were quick to seek ABL out and just as quick to exit the space.

July 8, 2020 Asset Based Lending | Charlie Perer | community banks | SG Credit Partners Phil Neuffer

Encina Provides $35MM Credit Facility to Paint Supply Distributor

Encina Business Credit provided a $35 million senior secured credit facility to a retailer and distributor of paint and paint supplies.

June 24, 2020 Asset Based Lending | credit facility | Encina Business Credit Phil Neuffer

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.

March 14, 2018 Asset Based Lending | Debt Advisors | Hugh C. Larratt-Smith ABF Journal

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.

October 17, 2017 Asset Based Lending | Chris Carmosino | Citizens Bank | Citizens Business Capital | Nixon ABF Journal

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.

October 16, 2017 Ares Commercial Finance | Ares Management | Asset Based Lending | Capstone Nutrition ABF Journal

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.

February 7, 2017 Asset Based Lending | Chris Capriotti | Jeff Tompkins | Olivia Pipitone | Texas Capital Bank ABF Journal

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.

January 13, 2017 Asset Based Lending | Hitachi Business Finance ABF Journal

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.

November 17, 2016 Asset Based Lending | Joseph Nemia | TD Bank ABF Journal

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.

Tag Archives: Asset Based Lending