Loeb announces the promotion of Eric Schwartz to President. In this role, Schwartz will lead the company’s strategic direction, support growth across all business lines, and continue to advance a team-oriented culture rooted in Loeb’s 146-year history. 

In December 2025, the Office of the Comptroller of the Currency and the FDIC withdrew the Leveraged Lending Guidance dating back to 2013. This withdrawal is a potentially significant event for banks, borrowers, and the broader credit markets. In this article, Elliot Ganz, LSTA’s head of advocacy, and Tess Virmani, LSTA’s EVP, deputy general counsel and head of Policy, discuss the background on the original guidance and the rationale for the withdrawal. They also discuss how the new principles-based supervision may reshape leveraged lending going forward.

Finding White Space by Flipping Burgers: What Lenders Can Learn from Fast Food

Every few years the lending industry collectively declares that “spreads are tight,” “competition is irrational,” and “there’s no white space left.” And every few years, those same statements turn out to be both true and completely wrong.

United Community Bank’s ABL division is pleased to announce recent closings totaling over $200 million.  Some of the highlights among these new ABL lines of credits and term loans include:

• $28 million line of credit and $10 million term loan for a lubricants distributor
• $20 million line of credit for an IT staffing company
• $20 million participation in a line of credit for a security services staffing company
  

Talk of recession is growing, but the data tell a more complicated story. In this article, Jerry Nickelsburg—economist and adjunct professor at UCLA Anderson School of Management—examines labor market statistics, immigration policy, and history to unpack what policymakers are seeing, and whether today’s “weakness” truly warrants aggressive interest rate cuts.

Asset-based lending and asset-backed lending can be easily confused but represent contrasting lending activities. Rich Gumbrecht, CEO of the Secured Finance Network, explains the differences in this article published by Private Debt Investor.

When a borrower layers factoring, supply chain finance, securitization, and ABL into a single capital stack, the risks multiply fast. Considered in light of the First Brands bankruptcy, David W. Morse unpacks how receivables purchase facilities can collide with asset-based lending—and what lenders should be doing in their documents and monitoring to better catch the next double-pledge disaster.

JPalmer Collective (JPC), an asset-based lending firm dedicated to funding high-growth, women-led, and natural products companies today announced that Karen Marino has joined the firm as Head of Risk Management. Karen will work closely with JPC’s credit teams to underwrite and manage client relationships, helping the firm thoughtfully identify, assess, and mitigate risk as it continues to grow.