Articles

By now, many lenders have heard of the steps taken by J. Crew to remove its valuable intellectual property from the collateral securing its term loans and asset-based credit facilities through a clever (although disputed) use of the transactions permitted under the negative covenants included in the credit agreements governing such credit facilities (the “baskets”).

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

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

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

Sitting in my office at Hilco Valuation Services on a brisk March day earlier this year, I put the phone down and headed into the hallway to share some surprising information with a colleague. That day alone, I had received three separate inquiries from around the U.S., all pertaining to potential valuation and liquidation engagements within the Motor Coach industry. By Bryan Courcier

If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…

Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching.  When working out…

Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…

The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…

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

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

A leading researcher, author and advisor in the fields of leadership and inclusion, Dr. Arin Reeves discusses the results of recent research focused on the interruption of women and measures we can all take to decrease the frequency of this in our own organizations. By Dr. Arin N. Reeves

I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...

As we hit the half way mark on calendar year 2018, it is a good time to take stock and…

Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…

UCC filing is the cornerstone of all loans and every lien portfolio...