• Bridge Bank Extends Credit Facility to YES Leasing

    Bridge Bank today announced it has extended a credit facility to YES Leasing, a financial services company that provides commercial equipment financing to companies and lessees of all credit backgrounds, specializing in helping those with challenging credit situations and unique circumstances. The Miami-based company, established in 1975, is a funding source for small businesses, entrepreneurs, vendors and equipment brokers throughout the country. The new credit facility will provide additional capacity to support the ongoing growth of YES Leasing's portfolio.

     

  • LynnTanner_WinstonStrawn Networking During Covid-19

    While we are all continually reminded how important networking is to our careers and business development, the reality is that the Covid-19 pandemic simply does not allow us to use traditional methods to network because activities such as attending in-person networking events and meeting face-to-face for coffees and dinners are on hold for now. 

    Does this mean that your networking efforts can be (or need to be) put “on hold”?  The answer is a resounding no. 

  • Kowalski Eileen -  WISF Headshot - PNC-150x150 Interview with Denise Albanese

    Denise Albanese of Cost Reduction Solutions discusses the origin of her firm that was started by her husband, Michael F. Albanese, CPA, as a sole practitioner field examiner. 

    Denise also discusses the new procedures implemented when the Covid-19 crisis began, what field exams in the future may look like and what makes a business successful. 

     

  • White Oak Commercial Finance Expands Asset-Based Lending and Lender Finance Team with New Hires
    White Oak Commercial Finance (“WOCF”), an affiliate of San Francisco-based alternative investment manager White Oak Global Advisors, LLC (“White Oak”), today announced Andy McGhee, Susan Hall and Neal Mulford have joined the firm to further expand its asset-based lending (ABL) and lender finance capabilities. 
  • Touching Base

    From Disruption to Transformation. SFNet Responds to Meet the Needs of the Industry

  • SFNet Network Notes
  • Collaboration and Flexibility Key to Workouts

    When first submitted for publication in February, this article predicted a recession of unknown origin. COVID-19 answered the question in March.  While we don’t know how long the current health and economic crises will last, we know they are here, and that a meaningful number of lawyers and businesspeople have not encountered a widespread economic downturn. 

  • Staying Secured in Uncertain Times

    Attorneys from McMillan LLP discuss the differences between the personal property security regimes between the U.S. and Canada. 

  • Green and Sustainable Finance

    As more and more companies look at integrating sustainability into their business processes and strategy, there is still much room for growth in the green and sustainable finance market. The Covid-19 crisis is only expected to increase interest in this area.

  • Post-Crisis Field Examinations

    Significant disruptions in credit quality have facilitated the need for field examiners to be on alert for situations that are generally not prevalent in a more stable environment. 

  • Cross-Border Restructurings Case Study: syncreon

    Jones Day partners provide details on a cross-border restructuring case over many foreign and U.S. jurisdictions.

  • The Pandemic and the Implications of Force Majeure Clauses

    The pressures brought on by the Covid-19 pandemic have increased the likelihood of borrowers breaching their financial covenants. Secured lenders should be aware that force majeure clauses in contracts might be invoked by companies. Here, industry executives provide their views on this concern. 

  • Gordon Brothers Names Kyle C. Shonak as Managing Director in Retail Division

    Gordon Brothers, the global advisory, restructuring, and investment firm, announced today the appointment of Kyle Shonak as Managing Director in the Retail division.  In his role as Managing Director, Shonak will have many responsibilities, including managing retail client engagements and working with the team to enhance the group’s retail growth strategy.

  • Ares Commercial Finance Adds Partner to its Investment and Executive Committees

    Ares Commercial Finance (“ACF”) announced that Mitch Drucker has joined as a Partner. Mr. Drucker will be a part of the ACF leadership team comprised of Mitch Goldstein, Ryan Cascade, John Nooney and Oleh Szczupak.  He will also sit on the Investment Committee for ACF and be involved in all aspects of the business from origination to portfolio management.

    Mr. Drucker joins ACF from Garrison Investment Group, where he was responsible for Corporate Finance investments in Garrison’s Opportunity and Direct Lending Funds and was a member of the Firm's Management and Investment Committees.
  • SusanCarol_150x150 Where Will You Be Lending in Post Pandemic Healthcare Markets?

    During the Secured Finance Network’s webinar on the healthcare finance sector, streamed May 15, Allen Wilen of EisnerAmper, described a future scenario affected by human longevity, geographic location and how COVID-19 affected you. New trends relevant to finance executives are accelerating out of necessity because of the sudden impact of the coronavirus pandemic and the weaknesses it illuminated.

  • Gordon Brothers Announces Term Loan to Brooks Brothers Group, Inc.

    Gordon Brothers, the global advisory, restructuring, and investment firm, announced today that it has provided a $20 million secured term loan facility to Brooks Brothers Group, Inc, the prototypical American apparel retailer headquartered in New York, New York.  A family business founded in 1818, the company has grown into a truly global brand with stores across the United States and Canada as well as a footprint that spans over 70 countries.  

  • Marc Pressler Joins Monroe Credit Advisors Team

    Monroe Credit Advisors (“Monroe Credit”) announced that Marc Pressler has joined the firm as a Managing Director in its Chicago office. Marc will be responsible for originating middle market debt and lease transactions for the firm.

    Marc has over 30 years of experience in commercial banking and structured finance. Prior to Monroe Credit, Marc was the Commercial Banking Segment Leader at Associated Bank, where he was responsible for leading the origination, underwriting and portfolio management teams in the Southeast Wisconsin region. 

  • LynnTanner_WinstonStrawn (Almost) Painless Networking

    Although experts generally agree that networking is important to career success, a surprisingly large number of professionals dread the process to the point that the mere mention of the word makes them anxious and irritated. Lynn Tanner of Winston and Strawn provides a detailed “cheat sheet” for taking the pain out of networking.

  • Gumbrecht2 Update on SFNet's Advocacy Efforts and Crucial Conversation Webinar Series from CEO Rich Gumbrecht

    I trust you are safe and well as we begin to enter a new phase of this crisis, that of slowly reopening our economy. While the devastation we have experienced has been profound on both a personal and professional level, our community has played a crucial role in weathering this storm and will continue to do so as we emerge stronger and more resilient than before. I am moved by examples of how our members are keeping essential supply chains intact, funding providers of critical services and responding to the surge of funding requests from businesses that have pivoted away from their usual products to manufacture PPE to ease the shortage, not to mention those who are donating and raising funds for groups being adversely affected during this unprecedented time.

  • Tempur Sealy Closes Bank Financing with JPMorgan Chase Bank, N.A., as Administrative Agent

    The Company entered into an incremental 364-day $200 million term loan (the "364-Day Loan") among several banks and other financial institutions, including JPMorgan Chase Bank, N.A., as administrative agent. The additional financing provided under the 364-Day Loan enhances the Company's liquidity during the unprecedented global impact of COVID-19. 

  • Bridge Bank Extends Credit Facility to YES Leasing

    Bridge Bank today announced it has extended a credit facility to YES Leasing, a financial services company that provides commercial equipment financing to companies and lessees of all credit backgrounds, specializing in helping those with challenging credit situations and unique circumstances. The Miami-based company, established in 1975, is a funding source for small businesses, entrepreneurs, vendors and equipment brokers throughout the country. The new credit facility will provide additional capacity to support the ongoing growth of YES Leasing's portfolio.

     

  • LynnTanner_WinstonStrawn Networking During Covid-19

    While we are all continually reminded how important networking is to our careers and business development, the reality is that the Covid-19 pandemic simply does not allow us to use traditional methods to network because activities such as attending in-person networking events and meeting face-to-face for coffees and dinners are on hold for now. 

    Does this mean that your networking efforts can be (or need to be) put “on hold”?  The answer is a resounding no. 

  • Kowalski Eileen -  WISF Headshot - PNC-150x150 Interview with Denise Albanese

    Denise Albanese of Cost Reduction Solutions discusses the origin of her firm that was started by her husband, Michael F. Albanese, CPA, as a sole practitioner field examiner. 

    Denise also discusses the new procedures implemented when the Covid-19 crisis began, what field exams in the future may look like and what makes a business successful. 

     

  • White Oak Commercial Finance Expands Asset-Based Lending and Lender Finance Team with New Hires
    White Oak Commercial Finance (“WOCF”), an affiliate of San Francisco-based alternative investment manager White Oak Global Advisors, LLC (“White Oak”), today announced Andy McGhee, Susan Hall and Neal Mulford have joined the firm to further expand its asset-based lending (ABL) and lender finance capabilities. 
  • Touching Base

    From Disruption to Transformation. SFNet Responds to Meet the Needs of the Industry

  • SFNet Network Notes
  • Collaboration and Flexibility Key to Workouts

    When first submitted for publication in February, this article predicted a recession of unknown origin. COVID-19 answered the question in March.  While we don’t know how long the current health and economic crises will last, we know they are here, and that a meaningful number of lawyers and businesspeople have not encountered a widespread economic downturn. 

  • Staying Secured in Uncertain Times

    Attorneys from McMillan LLP discuss the differences between the personal property security regimes between the U.S. and Canada. 

  • Green and Sustainable Finance

    As more and more companies look at integrating sustainability into their business processes and strategy, there is still much room for growth in the green and sustainable finance market. The Covid-19 crisis is only expected to increase interest in this area.

  • Post-Crisis Field Examinations

    Significant disruptions in credit quality have facilitated the need for field examiners to be on alert for situations that are generally not prevalent in a more stable environment. 

  • Cross-Border Restructurings Case Study: syncreon

    Jones Day partners provide details on a cross-border restructuring case over many foreign and U.S. jurisdictions.

  • The Pandemic and the Implications of Force Majeure Clauses

    The pressures brought on by the Covid-19 pandemic have increased the likelihood of borrowers breaching their financial covenants. Secured lenders should be aware that force majeure clauses in contracts might be invoked by companies. Here, industry executives provide their views on this concern. 

  • Gordon Brothers Names Kyle C. Shonak as Managing Director in Retail Division

    Gordon Brothers, the global advisory, restructuring, and investment firm, announced today the appointment of Kyle Shonak as Managing Director in the Retail division.  In his role as Managing Director, Shonak will have many responsibilities, including managing retail client engagements and working with the team to enhance the group’s retail growth strategy.

  • Ares Commercial Finance Adds Partner to its Investment and Executive Committees

    Ares Commercial Finance (“ACF”) announced that Mitch Drucker has joined as a Partner. Mr. Drucker will be a part of the ACF leadership team comprised of Mitch Goldstein, Ryan Cascade, John Nooney and Oleh Szczupak.  He will also sit on the Investment Committee for ACF and be involved in all aspects of the business from origination to portfolio management.

    Mr. Drucker joins ACF from Garrison Investment Group, where he was responsible for Corporate Finance investments in Garrison’s Opportunity and Direct Lending Funds and was a member of the Firm's Management and Investment Committees.
  • SusanCarol_150x150 Where Will You Be Lending in Post Pandemic Healthcare Markets?

    During the Secured Finance Network’s webinar on the healthcare finance sector, streamed May 15, Allen Wilen of EisnerAmper, described a future scenario affected by human longevity, geographic location and how COVID-19 affected you. New trends relevant to finance executives are accelerating out of necessity because of the sudden impact of the coronavirus pandemic and the weaknesses it illuminated.

  • Gordon Brothers Announces Term Loan to Brooks Brothers Group, Inc.

    Gordon Brothers, the global advisory, restructuring, and investment firm, announced today that it has provided a $20 million secured term loan facility to Brooks Brothers Group, Inc, the prototypical American apparel retailer headquartered in New York, New York.  A family business founded in 1818, the company has grown into a truly global brand with stores across the United States and Canada as well as a footprint that spans over 70 countries.  

  • Marc Pressler Joins Monroe Credit Advisors Team

    Monroe Credit Advisors (“Monroe Credit”) announced that Marc Pressler has joined the firm as a Managing Director in its Chicago office. Marc will be responsible for originating middle market debt and lease transactions for the firm.

    Marc has over 30 years of experience in commercial banking and structured finance. Prior to Monroe Credit, Marc was the Commercial Banking Segment Leader at Associated Bank, where he was responsible for leading the origination, underwriting and portfolio management teams in the Southeast Wisconsin region. 

  • LynnTanner_WinstonStrawn (Almost) Painless Networking

    Although experts generally agree that networking is important to career success, a surprisingly large number of professionals dread the process to the point that the mere mention of the word makes them anxious and irritated. Lynn Tanner of Winston and Strawn provides a detailed “cheat sheet” for taking the pain out of networking.

  • Gumbrecht2 Update on SFNet's Advocacy Efforts and Crucial Conversation Webinar Series from CEO Rich Gumbrecht

    I trust you are safe and well as we begin to enter a new phase of this crisis, that of slowly reopening our economy. While the devastation we have experienced has been profound on both a personal and professional level, our community has played a crucial role in weathering this storm and will continue to do so as we emerge stronger and more resilient than before. I am moved by examples of how our members are keeping essential supply chains intact, funding providers of critical services and responding to the surge of funding requests from businesses that have pivoted away from their usual products to manufacture PPE to ease the shortage, not to mention those who are donating and raising funds for groups being adversely affected during this unprecedented time.

  • Tempur Sealy Closes Bank Financing with JPMorgan Chase Bank, N.A., as Administrative Agent

    The Company entered into an incremental 364-day $200 million term loan (the "364-Day Loan") among several banks and other financial institutions, including JPMorgan Chase Bank, N.A., as administrative agent. The additional financing provided under the 364-Day Loan enhances the Company's liquidity during the unprecedented global impact of COVID-19. 

300x250
  • Bridge Bank Extends Credit Facility to YES Leasing

    Bridge Bank today announced it has extended a credit facility to YES Leasing, a financial services company that provides commercial equipment financing to companies and lessees of all credit backgrounds, specializing in helping those with challenging credit situations and unique circumstances. The Miami-based company, established in 1975, is a funding source for small businesses, entrepreneurs, vendors and equipment brokers throughout the country. The new credit facility will provide additional capacity to support the ongoing growth of YES Leasing's portfolio.

     

  • LynnTanner_WinstonStrawn Networking During Covid-19

    While we are all continually reminded how important networking is to our careers and business development, the reality is that the Covid-19 pandemic simply does not allow us to use traditional methods to network because activities such as attending in-person networking events and meeting face-to-face for coffees and dinners are on hold for now. 

    Does this mean that your networking efforts can be (or need to be) put “on hold”?  The answer is a resounding no. 

  • Kowalski Eileen -  WISF Headshot - PNC-150x150 Interview with Denise Albanese

    Denise Albanese of Cost Reduction Solutions discusses the origin of her firm that was started by her husband, Michael F. Albanese, CPA, as a sole practitioner field examiner. 

    Denise also discusses the new procedures implemented when the Covid-19 crisis began, what field exams in the future may look like and what makes a business successful. 

     

  • White Oak Commercial Finance Expands Asset-Based Lending and Lender Finance Team with New Hires
    White Oak Commercial Finance (“WOCF”), an affiliate of San Francisco-based alternative investment manager White Oak Global Advisors, LLC (“White Oak”), today announced Andy McGhee, Susan Hall and Neal Mulford have joined the firm to further expand its asset-based lending (ABL) and lender finance capabilities. 
  • Touching Base

    From Disruption to Transformation. SFNet Responds to Meet the Needs of the Industry

  • SFNet Network Notes
  • Collaboration and Flexibility Key to Workouts

    When first submitted for publication in February, this article predicted a recession of unknown origin. COVID-19 answered the question in March.  While we don’t know how long the current health and economic crises will last, we know they are here, and that a meaningful number of lawyers and businesspeople have not encountered a widespread economic downturn. 

  • Staying Secured in Uncertain Times

    Attorneys from McMillan LLP discuss the differences between the personal property security regimes between the U.S. and Canada. 

  • Green and Sustainable Finance

    As more and more companies look at integrating sustainability into their business processes and strategy, there is still much room for growth in the green and sustainable finance market. The Covid-19 crisis is only expected to increase interest in this area.

  • Post-Crisis Field Examinations

    Significant disruptions in credit quality have facilitated the need for field examiners to be on alert for situations that are generally not prevalent in a more stable environment. 

  • Cross-Border Restructurings Case Study: syncreon

    Jones Day partners provide details on a cross-border restructuring case over many foreign and U.S. jurisdictions.

  • The Pandemic and the Implications of Force Majeure Clauses

    The pressures brought on by the Covid-19 pandemic have increased the likelihood of borrowers breaching their financial covenants. Secured lenders should be aware that force majeure clauses in contracts might be invoked by companies. Here, industry executives provide their views on this concern. 

  • Gordon Brothers Names Kyle C. Shonak as Managing Director in Retail Division

    Gordon Brothers, the global advisory, restructuring, and investment firm, announced today the appointment of Kyle Shonak as Managing Director in the Retail division.  In his role as Managing Director, Shonak will have many responsibilities, including managing retail client engagements and working with the team to enhance the group’s retail growth strategy.

  • Ares Commercial Finance Adds Partner to its Investment and Executive Committees

    Ares Commercial Finance (“ACF”) announced that Mitch Drucker has joined as a Partner. Mr. Drucker will be a part of the ACF leadership team comprised of Mitch Goldstein, Ryan Cascade, John Nooney and Oleh Szczupak.  He will also sit on the Investment Committee for ACF and be involved in all aspects of the business from origination to portfolio management.

    Mr. Drucker joins ACF from Garrison Investment Group, where he was responsible for Corporate Finance investments in Garrison’s Opportunity and Direct Lending Funds and was a member of the Firm's Management and Investment Committees.
  • SusanCarol_150x150 Where Will You Be Lending in Post Pandemic Healthcare Markets?

    During the Secured Finance Network’s webinar on the healthcare finance sector, streamed May 15, Allen Wilen of EisnerAmper, described a future scenario affected by human longevity, geographic location and how COVID-19 affected you. New trends relevant to finance executives are accelerating out of necessity because of the sudden impact of the coronavirus pandemic and the weaknesses it illuminated.

  • Gordon Brothers Announces Term Loan to Brooks Brothers Group, Inc.

    Gordon Brothers, the global advisory, restructuring, and investment firm, announced today that it has provided a $20 million secured term loan facility to Brooks Brothers Group, Inc, the prototypical American apparel retailer headquartered in New York, New York.  A family business founded in 1818, the company has grown into a truly global brand with stores across the United States and Canada as well as a footprint that spans over 70 countries.  

  • Marc Pressler Joins Monroe Credit Advisors Team

    Monroe Credit Advisors (“Monroe Credit”) announced that Marc Pressler has joined the firm as a Managing Director in its Chicago office. Marc will be responsible for originating middle market debt and lease transactions for the firm.

    Marc has over 30 years of experience in commercial banking and structured finance. Prior to Monroe Credit, Marc was the Commercial Banking Segment Leader at Associated Bank, where he was responsible for leading the origination, underwriting and portfolio management teams in the Southeast Wisconsin region. 

  • LynnTanner_WinstonStrawn (Almost) Painless Networking

    Although experts generally agree that networking is important to career success, a surprisingly large number of professionals dread the process to the point that the mere mention of the word makes them anxious and irritated. Lynn Tanner of Winston and Strawn provides a detailed “cheat sheet” for taking the pain out of networking.

  • Gumbrecht2 Update on SFNet's Advocacy Efforts and Crucial Conversation Webinar Series from CEO Rich Gumbrecht

    I trust you are safe and well as we begin to enter a new phase of this crisis, that of slowly reopening our economy. While the devastation we have experienced has been profound on both a personal and professional level, our community has played a crucial role in weathering this storm and will continue to do so as we emerge stronger and more resilient than before. I am moved by examples of how our members are keeping essential supply chains intact, funding providers of critical services and responding to the surge of funding requests from businesses that have pivoted away from their usual products to manufacture PPE to ease the shortage, not to mention those who are donating and raising funds for groups being adversely affected during this unprecedented time.

  • Tempur Sealy Closes Bank Financing with JPMorgan Chase Bank, N.A., as Administrative Agent

    The Company entered into an incremental 364-day $200 million term loan (the "364-Day Loan") among several banks and other financial institutions, including JPMorgan Chase Bank, N.A., as administrative agent. The additional financing provided under the 364-Day Loan enhances the Company's liquidity during the unprecedented global impact of COVID-19.