For many middle-market companies, “Chapter 11” sounds like failure. Employees fear layoffs. Vendors worry they will not be paid. Customers start looking for alternatives. Owners often feel they waited too…Read More
The current restructuring cycle has pressure points unlike any in recent memory. Loan default rates have settled at roughly 4.3% of issuers, well above the pre-pandemic 2–3% range, and roughly…Read More
Financial statements are essential – but are received after (sometimes long after) the performance being reported has occurred. By the time a borrower’s statements show financial stress, the underlying issues…Read More
Auto dealerships run on one thing above all: inventory. And the engine behind that inventory is floor-plan financing – the short-term credit dealers use to purchase vehicles before they’re sold….Read More
Tariffs don’t just raise costs – they reshape supply chains, margins, working capital, and collateral. Tariffs have existed as long as international trade itself. The first recorded tariffs were imposed…Read More
We published an article “Main Street Lending Program Approaches 5-Year Maturity” in February 2024. Now, with deadlines quickly approaching, here is an important follow-up article co-authored by Ben Gonzalez and…Read More