Who is the SOFA King?

SOFAs originated in the non-bank ABL sector as a way for independent firms to differentiate themselves from bigger banks. But, as Charlie Perer writes, with more and more bank-ABLS embracing SOFAs, it is the large institutional lenders that have been crowned the SOFA kings

Are You Ready to Start Factoring Construction Receivables?

The construction industry is in growth mode, which can offer great opportunities for factors. However, a certain amount of technical knowledge is required to successful navigate these projects. Bruce Loren explains how careful due diligence can help factors take advantage of this lucrative market.

Bibby Provides $60MM in Funding Mid-Year – A 50% Increase YOY

Bibby Financial Services North America funded close to $60 million in alternative financial solutions for more than 240 new clients in the U.S. and Canada during Q2 & Q3 of 2018.

The New Industrial Revolution: Lending Opportunities Spurred by Growth of the Gig Economy

The war for talent is over. And the employee has won. Employees today demand the same level of choice, service and flexibility in the workplace as they do as consumers. As a result, we’re seeing a dramatic change in the shape of the global workforce. The rise of the gig economy is transforming work as […]

Accurate Appraisals Ground Airballs But Will They Hold Up if a Recession Hits?

The soaring stock market has resulted in a frothy ABL market with competition at an all-time high and liquidations, outside of retail, at a low. Appraisals from the Big Four firms have held up. Charlie Perer looks into his crystal ball to envision the ABL scenario when the next recession hits.

Liquid Capital Provides Factoring Facility for Air Oasis

Liquid Capital provided an A/R factoring facility for Air Oasis, a Florida-based HVAC installation company.

Law Firm Financing on the Stand: Controversial Financing Enables Firms to Withstand Long-Term Litigation

Litigation involving hundreds or thousands of clients can take years to resolve, putting a financial strain on law firms working on a contingency basis. While banks are willing to provide loans based on a firm’s hard assets, law firm finance companies are willing to lend based on anticipated fees, account receivables and other assets. Attorney Kelly Anthony explains this new type of specialty lending and defends it against industry detractors.

Hand-to-Hand Combat and the Need for Second Lien Financing

As credit tightens, middle market companies are being squeezed from all sides. Lenders offering short term second lien or stretch loans can work with ABL lenders to help these companies stay liquid.

April 2016

April 2016
Specialty Lending
Vol. 14, No. 3

Purchase Order Finance: Keeping the Cash Flowing Along the Supply Chain

There are many pitfalls along the supply chain that impact cash flow, especially when working with overseas suppliers. Bryan Ballowe illustrates ways purchase order finance can help maintain liquidity and provide a structure that supports successful merchandise delivery.