Leumi ABL’s Post

Crown Partners August ABL report tracks $1.0 billion in announced ABL transactions - the softest month since we began tracking and less than 30% of the volume of August 2023. An notable ABL transaction this month was MidCap Financial's ABL + cash flow term loan transaction to Aspen Aerogels. This is a structure Crown will be covering more in our upcoming research, as an example of the value proposition for private credit managers in pairing a robust ABL platform with its cash flow lending practice. In this case, Midcap delivered $225 million to the borrower in a single lender solution. If you would like this report delivered to your inbox each month, please email research@crownlp.com to subscribe. #abl #assetbasedlending #nonbanklender #middlemarket #privatecredit #banking #investmentbanking #directlending #assetbasedfinance

Phil Woodward, Chief Executive at Leumi ABL, recently spoke to Actum Group about how and why asset based lending (ABL) has gained traction as an alternative debt tool, and the outlook for ABL over the coming months. “ABL is all about making the assets of the business work for the business. There’s no requirement for any external security, and therefore it’s a fairly simple and cost effective way of financing a business and future proofing it in terms of growth.” “ABL as a product offering in the UK has moved quite considerably over the last 15 years, and certainly in the last five to 10 years. It has become a mainstream product used by debt advisors and corporate financiers in both the refinance and the transactional world for corporates.” Read full article: https://lnkd.in/eYZ6fH9Q #ABL #PrivateEquity #Lending

Redefine has achieved a major milestone with the successful restructuring of a R27.7 billion secured funding arrangement.       This transaction, the largest of its kind in the South African listed property sector, marks a significant shift in how Redefine manages its funding. The innovative structure, designed as an evergreen arrangement, has streamlined business processes and set a new benchmark within the sector.        The benefit for Redefine is to ease the operational aspects of its funding arrangements as the new structure materially simplifies the ways in which the business brings in funders of secured debt due to referencing a single security pool that is shared on “equal footing” by all lenders while enabling an efficient use of collateral.       As a consequence of the lending structure referencing a far more diversified security pool, funders gain cross-sector exposure that enhances their diversification, reducing concentration risk for lenders and thereby improving the credit profile for the secured lenders.     “Creating a sustainable funding vehicle is central to our business model,” said Ntobeko Nyawo CA(SA), CFO of Redefine. The ability to raise capital efficiently, combined with encouraging macro-economic fundamentals, means Redefine is well-positioned to fund both organic and inorganic growth opportunities, he said.      “This extremely complex transaction that involved 11 participating secured lenders was completed in less than six months, which is a testament to the tremendous work and commitment of the team leads of our partner lenders and advisors.”       RMB - Rand Merchant Bank was the mandated lead arranged for Redefine and Webber Wentzel acted as lenders counsel.       Read more here: https://lnkd.in/dzb6E3P9     #RedefineProperties #SAREIT #DebtRestructuring #ListedProperty 

Great to connect at Lenders' Corner today—especially as it's the last one for the year! 🎉 Representing ABL, our CEO, Steve H., shared how ABL is 𝗶𝗻𝘁𝗲𝗻𝘁𝗶𝗼𝗻𝗮𝗹𝗹𝘆 𝗱𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝘁 to traditional lenders (and why more and more brokers are loving us! 🙌). ABL offers a no-debt, fast funding solution for those critical times when your clients need it most. By leveraging their existing assets, your clients can access the funds they need, giving you the time to focus on securing a more permanent solution. 𝗧𝗟;𝗗𝗥: 𝗪𝗲’𝗿𝗲 𝘁𝗵𝗲 𝗴𝗼-𝘁𝗼 𝗯𝗿𝗶𝗱𝗴𝗶𝗻𝗴 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝗯𝗿𝗼𝗸𝗲𝗿𝘀. 🔑 In today’s challenging credit market, ABL provides quick, short-term funding without the hassle of credit checks or any impact on credit scores. This means you can offer your clients immediate access to capital, helping them effectively manage cash flow, address urgent costs, or seize new opportunities. 💰 If you want to know more, head here: https://lnkd.in/g4xJSk26 Looking forward to keeping the conversation going! Thanks to Bizcap Australia & New Zealand, ANZ, Firstmac, The Brokers' Bible, Msquared Capital, Brendan Kacev, Madeleine De Guingand, Nathan Evans, Mendy Ash, John Eid, Judah Eang, Bernadette Hontarigo and Stjepan Gal. 🙏

Redefining REITs... I had the privilege of working on this groundbreaking transaction. This marks the beginning of a transformative journey for Redefine, one that is set to reshape the future of funding as we know it. With a clear focus on long-term sustainability and maximizing stakeholder value, this innovative move sets a new benchmark in the REITs space. Proud to have been part of this monumental step forward. #RedefiningREITs #InnovationInAction #InvestmentBanking #RealEstateEvolution #RMBProud

Typical asset types used as collateral in Asset-Based Lending (ABL) span across Real Estate, Traditional and Consumer, and Corporate and Esoteric. We explore how ABL works, potential benefits of diversification via ABL and the variety of ways to gain exposure to private ABL: https://lnkd.in/e3x2eKpM #AssetBasedLending #PrivateCredit

Bricks & Bites is back! Join Ricardo as he chat's with Brian about the latest market updates, loan programs, financing options, DSCR loans for investment properties, and the cost of waiting to buy. Today Sharp at 12PM Bring your questions and let's talk real estate during your lunch break! #BricksAndBites #RealEstateTalk #MarketUpdates #LoanPrograms #FinancingOptions #DSCRLoans #InvestingInProperty #CostOfWaiting #AskTheExperts #IGLive #RealEstateCommunity #RealEstateWithRicardo #RealEsateWithSybil

In the complex world of commercial real estate finance defaults, the strategy that special servicers take in managing non-performing loans (NPLs) can make or break outcomes for lenders, investors and borrowers. As the leader in Special Servicing, our team of experts at SitusAMC have identified three critical considerations that lenders should embrace when navigating an uncertain economic landscape and distressed assets. Download now: https://lnkd.in/ed8U4ShC #specialservicing #distressedcre #navigatingdistress

Bricks & Bites is back! Join me as I chat with Brian about the latest market updates, loan programs, financing options, DSCR loans for investment properties, and the cost of waiting to buy. Today Sharp at 12PM Bring your questions and let's talk real estate during your lunch break! #BricksAndBites #RealEstateTalk #MarketUpdates #LoanPrograms #FinancingOptions #DSCRLoans #InvestingInProperty #CostOfWaiting #AskTheExperts #IGLive #RealEstateCommunity #RealEstateWithRicardo #RealEstateWithSybil

🔑 Real estate investors: Are traditional bank loans holding you back from closing deals on time? You’re not alone. Many investors face the same challenge. Michael Chadwick’s YouTube channel, in collaboration with ABL, provides the expert knowledge you need to make Hard Money Loans work for you. From funding flexibility to faster approvals, these insights will help you stay competitive in today’s market. 📈 👉 Subscribe now and turn your financing obstacles into opportunities: https://lnkd.in/efDMq4iq 💼 The smarter way to invest starts here. #HardMoneyLoans #RealEstateInvesting #InvestorTips #SmartFinancing #MichaelChadwick #ABL #RealEstateKnowledge