ABL Advisor - Asset Based and Commercial Lending Financial …
Asset based lending (ABL), asset lending, finance, banking and commercial lending news, articles, blogs, analysis, data, ABL deal charts, and tools from finance professionals in the U.S. and worldwide.
Asset Based Commercial Lending, Lending Services, and Banking …
The ABL Advisor Directory of finance professionals, bankers, lenders, attorneys, field examiners, corporate turnaround professionals, consultants, asset liquidators and more in the asset based, commercial, and bank lending industries.
U.S. Revolvers Show Elevated Utilization, Solid Bankruptcy …
Nov 26, 2024 · Revolving credit facilities continue to show strong bankruptcy recoveries and offer the highest likelihood of recovery among the various types of rated first-lien debt, according to a new report from Fitch Ratings. Fitch analyzed revolver utilization rates and recovery rates for 411 facilities in our U.S. corporate enterprise valuation and …
Asset Based Lending, Banking, Commercial Finance Articles - ABL …
Jan 17, 2025 · Articles on breaking asset based lending (ABL), finance, commercial lending, bankruptcy, turnaround management, factoring, specialty lending, legal and M&A topics from leading finance professionals, CEOs, consultants and industry executives.
The Container Store Group Files for Voluntary Bankruptcy Protection
Dec 23, 2024 · The Container Store Group, the nation’s leading retailer of organizing solutions, custom spaces, and in-home services, announced it will implement a recapitalization transaction to bolster its financial position, fuel growth initiatives, and drive enhanced long-term profitability. To effectuate the transaction, The Container Store and certain of...
MidFirst Business Credit Appoints Nooney as President
Oct 23, 2024 · MidFirst Business Credit, a subsidiary of MidFirst Bank, the largest privately owned bank in the nation, appointed John Nooney as President.Dennis Schlesner, former President of MidFirst Business Credit, retired on October 1, 2024. Nooney brings over 30 years of experience in commercial finance working with portfolio, origination, operations and administrative responsibilities for national ...
Financial news on asset based and commercial lending topics
6 days ago · Business News by Commercial Finance Topic - Asset Based Lending, Bankruptcy, Banking, Specialty Lending, Factoring, Purchase Order Finance, Real Estate Lending, Turnaround Management and more.
Forbright Bank Provides $83.25MM Line of Credit to National …
Oct 24, 2024 · National Funding and its recently launched holding company FairSquare, announced a bank line of credit commitment for $83.25 million from Forbright Bank (with a total expansion capacity of up to $150 million). The Forbright Bank credit facility includes $9 million in mezzanine capital from Hudson Cove Capital Management, LLC and sets up the fintech to meet its growth targets for 2025 and beyond.
Fifth Third Announces Leadership Changes - News | ABL Advisor
Dec 19, 2023 · Fifth Third Bancorp announced the following executive leadership changes that will take effect January 2, 2024.The Board of Directors voted to appoint Tim Spence chairman of the board. Spence succeeds Nick Akins, who has been elected lead independent director. Spence’s responsibilities will include chairman, chief executive officer and president...
Sixth Street, Palistar Capital Provide $120MM Debt Financing for ...
Oct 11, 2024 · FirstLight Fiber, the northeast U.S.’s largest independent fiber bandwidth infrastructure provider with 25,000 fiber network route miles and more than 125,000 addressable locations, successfully raised $120 million in new strategic debt financing.This transaction is part of a global refinancing effort this year at FirstLight and follows the five-year senior secured infrastructure debt ...