TSL Feature Articles

Several commercial finance executives band together to give former inmates a second chance.  By David Rains

Allen Frederic is a co-founder of Republic Business Credit with over 45 years of commercial banking, asset-based lending, and factoring experience. He previously founded another New Orleans-based factoring company after serving as president of a New Orleans bank. By Michele Ocejo

Disruption seems to be affecting every sector and the furniture industry is no exception. Mark Bannon of Tiger Group explains why lenders should consider furniture retailing borrowers.  By Mark Bannon

Moshe Cohen, president and founder of The Negotiating Table, Inc., provides negotiations strategy advice that can be used in all aspects of life.  By Moshe Cohen

Marc Heller is president of CIT Commercial Services, one of the nation’s leading providers of factoring and lending services to the apparel, textiles, furniture, home furnishings, housewares, consumer electronics and consumer products industries.  By Michele Ocejo

A storm of uncertainty can arise around the distinction between transportation brokers, carriers and third-party logistics providers and the potential for constructive trust claims by unpaid carriage contractors. Navigating the risk these claims present has become a pressing issue for lenders in the trucking industry, particularly when financing traditional carriers that also have brokered operations. By Wade M. Kennedy

Paul Schuldiner of Rosenthal & Rosenthal discusses the future of factoring, including how traditional factoring has adapted to address new challenges in the current retail environment.  By Paul Schuldiner

For factors, 2018 was a very solid year for business, with many in the industry experiencing growth across all regions and specialties, whether organically or through acquisition. Despite the good news, industry leaders do note that competition remained fierce, and they predict more of the same for the year ahead. Banks continue to be highly liquid, and independent factors are likely to see additional pressure from regional and community banks.  By Myra Thomas

From cryptocurrencies to smartphone apps, the growing FinTech industry spans an increasingly wide range of innovation and technology. Since emerging as back-end support for established financial institutions in the 2000s, FinTech has evolved to include investment portfolio management, blockchain technology, smart contracts, roboadvisors, mobile banking, lending platforms, and so much more.  By Eva Chaleff

In June 2018, the Second Circuit denied senior noteholders’ claim of entitlement to asserted make-whole claims in Apollo Global Mgmt., LLC v. Bokf, NA. This decision serves as a cautionary tale to lenders and underscores the importance of careful attention to both drafting and enforcement of loan documents.  By Theresa A. Driscoll