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Huntington National Bank has expanded its Huntington Business Credit team with the addition of a Washington, D.C.-based group focused on asset-based lending in the healthcare industry. Huntington Business Credit provides companies with working capital lines of credit, equipment term loans, real estate term loans and enterprise value loans used to...
Source: abladvisor.com, Date: 8/10/2023 7:00:00 AM, Article: In this new ABL Advisor feature article series, Charlie Perer, of SG Credit Partners, meets with commercial finance industry participants to discuss the state of the asset-based lending (ABL) industry and general market dynamics. The purpose of this series is to hear from a group of leaders who cover the spectrum of lending, turnaround advising and...
Humorous commercials are just one of the ways this 5-year-old Cleveland retailer has made its name in the marketplace.
Auto Suppliers Bloodied, But Not Beaten “We didn’t see the bankruptcies and restructuring that we expected,” says Kensington Capital’s Justin Mirro at a Society of Automotive Analysts event. It’s been rough, but automotive suppliers – arguably the lifeblood of the industry – have weathered the COVID-19-related economic crisis fairly well, certainly compared with the battered shape they were in during last decade’s ravaging recession. That doesn’t mean all is expected to be rosy going forward. Some balance sheets are out of whack. And strong suppliers are expected to g...