Despite political turbulence and Mother Nature running amuck, ABL lenders saw an upswing in business in 2017 after two flat years. ABF Journal contributor Lisa Miller spoke with five ABL executives who described a robust year filled with new partnerships and business opportunities and an optimistic outlook for 2018.
Rumors of tax cuts and promises of interest rate hikes swirled in the winds of uncertainty as Q1/17 ended. ABF Journal contributor Lisa Miller interviewed a group of leading ABL executives, who are already enjoying a better year than 2016 and are predicting changes ahead for the ABL market whichever way the economy shifts.
2016 has been a roller coaster year fueled by a contentious U.S. Presidential election, sinking energy costs and the surprise British vote to exit the European Union. Yet, for a second year, the ABL front remained quiet. Too quiet, some might say. As we prepare to say “good riddance” to 2016, ABF Journal contributor Lisa Miller speaks with ABL leaders about the state of the industry. Spoiler alert: They don’t see much change for 2017.
ABF Journal contributor Lisa Miller spoke with five leading ABL lenders about the current landscape. After a lackluster 2015 and a slow start in 2016, they share their thoughts on changes in the economy and challenges that ABL lenders face. They look into their collective crystal ball, predicting a stronger second half for 2016.
Oil and gas distributor Lykins Energy Solutions closed on a $75 million revolving credit facility led by U.S. Bank Asset-Based Finance to support its growth initiatives.