ABF Journal

When choosing to exit through a sale or refinance a business, lender-owners must consider a number of variables throughout the process. In the second installment of a series, Jay C. Jacquin from Configure Partners reminds lenders that these processes are intrinsically different from non-lender-owned transactions. Read More: https://lnkd.in/gN_AaEaH

Offense or Defense? A Playbook For Lender-Owned Businesses Most lenders never want to be handed the keys to a borrower company, but when a sponsor exits and leaves no other choice, the lender must make important decisions to minimize risk and maximize value. Jay C. Jacquin from Configure Partners offers a playbook for lender-owned businesses. https://lnkd.in/eg-CBacE

Asset-based lending is an industry built on making deals, but at the heart of every one of those transactions is a financial solution for a business. To honor this fundamental pillar of the industry, ABF Journal will present its third annual Deals of the Year listing in its Q4/24 issue to tell the stories behind the most intriguing and impactful transactions of 2024 while conveying the scope of this year’s deal-making environment. Nominate Now: https://lnkd.in/dSGZWbj4 To ensure we are capturing as comprehensive a listing as possible, for our third edition, we’ll be accepting reader nominations, so if you or your company added a particularly important deal to your portfolio this year, now’s the time to tell us. Nominations will be open until Sept. 13 and deals of all types will be considered, including: Middle Market Deals of the Year by Situation - Rapid Expansion - Recapitalization - Private Equity Sponsored Acquisition Financing - Non-sponsored LBO/MBO/MBI Acquisition Financing - Turnaround Financing Middle Market Deals of the Year by Specialty - Traditional ABL - Unitranche - Cash Flow - DIP - Recurring Revenue - Mezzanine - Second Lien - Supply Chain/Factor/Purchase Order - Venture The final list will then be determined based on a mix of your nominations, reader popularity, our editorial team’s insights and our advisory board’s recommendations. Nominations Will Remain Open Until September 13th! #abfjournal #nominations #specialty #finance #deals #of #the #year

Asset-based lending is an industry built on making deals, but at the heart of every one of those transactions is a financial solution for a business. To honor this fundamental pillar of the industry, ABF Journal will present its third annual Deals of the Year listing in its Q4/24 issue to tell the stories behind the most intriguing and impactful transactions of 2024 while conveying the scope of this year’s deal-making environment. Nominate Now: https://lnkd.in/dSGZWbj4 To ensure we are capturing as comprehensive a listing as possible, for our third edition, we’ll be accepting reader nominations, so if you or your company added a particularly important deal to your portfolio this year, now’s the time to tell us. Nominations will be open until Sept. 13 and deals of all types will be considered, including: Middle Market Deals of the Year by Situation - Rapid Expansion - Recapitalization - Private Equity Sponsored Acquisition Financing - Non-sponsored LBO/MBO/MBI Acquisition Financing - Turnaround Financing Middle Market Deals of the Year by Specialty - Traditional ABL - Unitranche - Cash Flow - DIP - Recurring Revenue - Mezzanine - Second Lien - Supply Chain/Factor/Purchase Order - Venture The final list will then be determined based on a mix of your nominations, reader popularity, our editorial team’s insights and our advisory board’s recommendations. Nominations Will Remain Open Until September 13th! #abfjournal #nominations #specialty #finance #deals #of #the #year

Private asset managers have been replacing traditional banks in many types of lending. At the same time, consumer lending has risen to all-time highs. What are the implications of these trends for asset-based lenders and how can ABL leaders adjust their risk management strategies accordingly to adapt to these trends? Jay Stone, CEO of Hilco Global Receivables explores these questions and more in today’s podcast. Watch here: https://lnkd.in/eJPfj4g Listen here: https://lnkd.in/eU2EtXZq Learn More About Hilco Receivables by visiting: https://lnkd.in/eDt7m9ND #abfjournal #podcast #specialty #finance #consumer #debt #paper #ceo

Asset-based lending is an industry built on making deals, but at the heart of every one of those transactions is a financial solution for a business. To honor this fundamental pillar of the industry, ABF Journal will present its third annual Deals of the Year listing in its Q4/24 issue to tell the stories behind the most intriguing and impactful transactions of 2024 while conveying the scope of this year’s deal-making environment. Nominate Now: https://lnkd.in/dSGZWbj4 To ensure we are capturing as comprehensive a listing as possible, for our third edition, we’ll be accepting reader nominations, so if you or your company added a particularly important deal to your portfolio this year, now’s the time to tell us. Nominations will be open until Sept. 13 and deals of all types will be considered, including: Middle Market Deals of the Year by Situation - Rapid Expansion - Recapitalization - Private Equity Sponsored Acquisition Financing - Non-sponsored LBO/MBO/MBI Acquisition Financing - Turnaround Financing Middle Market Deals of the Year by Specialty - Traditional ABL - Unitranche - Cash Flow - DIP - Recurring Revenue - Mezzanine - Second Lien - Supply Chain/Factor/Purchase Order - Venture The final list will then be determined based on a mix of your nominations, reader popularity, our editorial team’s insights and our advisory board’s recommendations. Nominations Will Remain Open Until September 13th! #abfjournal #nominations #specialty #finance #deals #of #the #year

All private credit lender portfolios have their “problem children,” and more often than not, a lender will end up in a situation where a tapped-out sponsor has walked away, and the lender must assume ownership of the business. Once taking up the mantle of the borrower, lenders are often initially faced with a few paths forward. They may endeavor to grow the business rather than immediately choosing to exit. Still, as unnatural long-term owners, they will eventually part ways with the business through a sale. Read more: https://lnkd.in/d5UHjNKi Jay C. Jacquin | Configure Partners #abfjournal #top #story #specialty #finance #lender #owned #business

Asset-based lending is an industry built on making deals, but at the heart of every one of those transactions is a financial solution for a business. To honor this fundamental pillar of the industry, ABF Journal will present its third annual Deals of the Year listing in its Q4/24 issue to tell the stories behind the most intriguing and impactful transactions of 2024 while conveying the scope of this year’s deal-making environment. Nominate Now: https://lnkd.in/dSGZWbj4 To ensure we are capturing as comprehensive a listing as possible, for our third edition, we’ll be accepting reader nominations, so if you or your company added a particularly important deal to your portfolio this year, now’s the time to tell us. Nominations will be open until Sept. 13 and deals of all types will be considered, including: Middle Market Deals of the Year by Situation - Rapid Expansion - Recapitalization - Private Equity Sponsored Acquisition Financing - Non-sponsored LBO/MBO/MBI Acquisition Financing - Turnaround Financing Middle Market Deals of the Year by Specialty - Traditional ABL - Unitranche - Cash Flow - DIP - Recurring Revenue - Mezzanine - Second Lien - Supply Chain/Factor/Purchase Order - Venture The final list will then be determined based on a mix of your nominations, reader popularity, our editorial team’s insights and our advisory board’s recommendations. Nominations Will Remain Open Until September 13th! #abfjournal #nominations #specialty #finance #2024 #deals #of #the #year

Tradewind, an international trade finance company, closed a $17 million credit facility for a consumer product manufacturer offering at-home sporting equipment. The sporting goods brand is utilizing the facility to unlock cash flow for its expanding international growth and to support its seasonal demands as orders increase during the second half of the year. Read more: https://lnkd.in/dYQGhkfy Brian Dowd #abfjournal #top #story #specialty #finance #sporting #goods #brand

Silicon Valley Bank has been operating as a division of First Citizens Bank for nearly 18 months following its high-profile collapse in March 2023. ABF Journal recently caught up with Peter Bristow and Marc Cadieux for a post-acquisition update. Read more: https://lnkd.in/e9ZPEQGZ Peter Bristow | First Citizens Bank Marc Cadieux | Silicon Valley Bank #abfjournal #top #story #speciality #finance #structure #stabilization