Month: May 2016

Hand-to-Hand Combat and the Need for Second Lien Financing

Published in ABF Journal: As credit tightens, middle market companies are being squeezed from all sides. Lenders offering short-term second lien or stretch loans can work with ABL lenders to help these companies stay liquid. Asset-based lending in the middle market conjures up images of hand-to-hand combat between borrowers constantly...

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