The article reports on the dispute between banks and institutional investors regarding the asset-backed loans (ABL) amidst the bankruptcy in the U.S. A certain industry association has mentioned their struggles against these investors for the ABL. Meanwhile, several companies preferred ABL in order ...
Fitch: Easing C&I Loan Terms Point to Weaker Asset Quality Competitive pricing and easier terms offered by U.S. banks on commercial and industrial (C&I) loans likely signal weakening asset quality for many commercial lenders, according to Fitch. Fitch expects some deterioration in C&I credit qualit...
In asset-based lending, the loan-to-value ratio is crucial in determining the amount of money a lender is willing to provide. This ratio helps gauge the risk associated with the loan by comparing the collateral's value to the loan's size. As a result, the lender can assess the likelihoo...
Tom Greco, Chief Executive Officer, Hilco Global Advisors, met with Michael Toglia, Publisher, ABL Advisor on March 17, 2023, to discuss the many factors impacting asset valuations across the asset-based and commercial finance sector... March 28, 2023 Non-Sponsor Backed Lending in Today's...
SR Technics Receives ABL Loan From GE Unit.(asset-based term loan facility from GE Commercial Aviation Services)(Brief Article)McDermott, Judy
Kantin, Kerry
According to the Commercial Finance Association, despite a drop in total commitments, the number of asset-backed commitments lenders made in the second quarter of 2008 was 16.2% higher than in the first quarterR.K.EBSCO_bspBank Loan Report...
Lesch:The banking crisis certainly was a dose of reality for workout groups and special asset units. Banks need to manage businesses that miss covenants more actively. While it is understandable to be sympathetic to the first covenant breach, after two quarters, work-out lenders need to manage...
PNC Capital Markets Launches Online Loan Marketplace, PNC Asset Exchange PNC FIG Advisory, part of PNC Capital Markets announced an expansion to its client offerings through the introduction of PNC Asset Exchange, an online loan resource and marketplace for financial institutions. PNC Asset Exchange...
I-Banks Step Up ABL Efforts As Loan Product Gains Popularity.(Asset-Based Lending)Kantin, Kerry