Big Shoulders Hires Upson as Director of Sales, Southeast

Chicago-based direct lender Big Shoulders Capital hired Joe Upson as director of sales for the Southeast. He will lead the Atlanta office.

Distressed Lending: When to Consider Collateral over Cash Flow for Underwriting Term Loans

Using collateral instead of future cash flow may be in the lender’s best interest when underwriting a term loan. Joe Upson and Ken Mann explain how to evaluate when it is best to use collateral and what types of assets are safest for a lender to use.

Heritage Global Launches Asset Financing Division

Heritage Global announced the launch of Heritage Global Capital, its newly formed fixed asset financing services division.