Tag Archives: PNC Business Credit

SSG Advises US Tobacco Cooperative in Chapter 11 Reorganization

SSG Advisors acted as the investment banker to U.S. Tobacco Cooperative and its affiliates in the placement of exit financing pursuant to a confirmed Chapter 11 plan of reorganization in the U.S. Bankruptcy Court for the District of North Carolina, Raleigh Division. 

Ali-Ahmad and Tuttle Join BBH Capital Partners as VPs and Business Development Officers

BBH Capital Partners added Elena L. Tuttle and Karima Ali-Ahmad as vice presidents and business development officers. Previously, Tuttle was a business development officer with PNC Business Credit, while Ali-Ahmad previously worked for Guggenheim Partners.

How Has the Paycheck Protection Program Affected Bank-Owned ABL?

The Paycheck Protection Program has been top of mind for many lenders, particularly banks. ABF Journal learned about the experience of bank-owned asset-based lending groups with the program as well as expectations and concerns for the future in conversations with four leaders in the industry.