To launch the new year, we asked Rosenthal & Rosenthal’s James Occhiogrosso to take a look at borrower sectors that rely on factoring and asset-based financing in this, ABF Journal’s first ever Specialty Lending Forecast. While certain sectors offer opportunity, all require diligence and in some cases, patience.
In February of this year, TD Bank’s Commercial Banking division received three Greenwich Excellence Awards for its middle-market banking capabilities. At the head of it all sits Walter Owens. Regarded by one colleague as a “true visionary in the business” who fortified TD’s ABL shop while others retrenched, it appeared to be the right time to find out what makes Owens tick.
For the second year in a row, ABF Journal presents an outlook on the leading account debtor sectors. This year, Donald Barrick, founder and president of RMP Capital, scores the industries and reports account debtor credit appears to be improving … just in the nick of time.
Given the extraordinary credit crisis American businesses have been weathering, we thought that Merchant Factors’ outlook on various borrower sectors is an excellent barometer for commercial finance companies. Adam Winters, the company’s president and CEO offers a sector by sector report card. Some sectors move to the head of the class, some show scant improvement and others aren’t making the grade.
To launch the Web-exclusive content feature for the new abfjournal.com website, we thought it would be interesting to speak with PiperJaffray’s Thomas Chen on the state of commercial finance/specialty finance M&A activity. The firm has taken the #2 spot for Top Specialty Finance Advisor for 2007 and 2008 as ranked by SNL Financial based on […]