Valley National Bank (NASDAQ: VLY) today announced the appointment of Terry M. Keating as Head of Asset-Based Lending (ABL). In this role, Keating will oversee the continued growth and strategic direction of Valley’s ABL platform, which provides flexible financing solutions for middle-market companies across a wide range of industries.

In today’s uncertain economic climate, traditional lenders are tightening their standards, leaving high-growth consumer brands searching for flexible capital solutions. This article explores how alternative debt— asset-based lending, factoring, and purchase order financing—is emerging as a powerful complement to equity. From funding major retail orders to supporting vertical integration, discover why private credit is becoming a go-to strategy for consumer packaged goods companies seeking stability, growth, and smarter capital structures.