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SFNet Releases Q2 2025 Asset-Based Lending and Confidence Indexes
Sep 22, 2025The Secured Finance Network (SFNet) recently released its Q2 2025 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of how the industry has rebounded after a first quarter riddled with tariff challenges while offering a safe haven amid broader market volatility.
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J.P. Morgan Commercial Banking Announces New Global Head of ABL
Sep 19, 2025
J.P. Morgan announced that Andrew (“Drew”) Ray has been appointed as the new global head of Asset Based Lending (ABL) within Capital & Advisory Solutions, Commercial Banking.
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SFNet Committee Spotlight: Convention Planning Committee
Sep 18, 2025This column highlights the hard work and dedication of SFNet’s Committee volunteers. Here we speak with Kurt Marsden, group head, Wells Fargo Capital Finance, and chair of SFNet’s Convention Planning Committee. To learn more about SFNet's 81st Annual Convention, please click here.
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Steve Ogus Joins First Business Bank As Senior Vice President - Asset-Based Lending
Sep 18, 2025
First Business Bank welcomes Steve Ogus as Senior Vice President – Asset-Based Lending to First Business Specialty Finance, LLC, a subsidiary of First Business Bank.
With more than 30 years of asset-based lending expertise, Steve Ogus is an experienced leader in helping middle-market companies secure flexible financing solutions to manage growth, acquisitions, refinancing, and turnaround situations.
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Mitsubishi HC Capital Canada Launches Private Credit Platform to Address the Evolving Needs of Middle-Market Businesses and Private Equity Sponsors
Sep 17, 2025Mitsubishi HC Capital Canada, a subsidiary of Mitsubishi HC Capital America, a leading non-bank, non-captive finance provider in North America, is further establishing its position in the rapidly growing private credit market with the launch of its Canadian platform. This expansion marks a strategic objective of Mitsubishi HC Capital America to increase and align broader commercial finance offerings across both Canada and the United States.
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Legacy Corporate Lending Appoints Ben Silver as Senior Executive Vice President and Head of Portfolio and Operations
Sep 15, 2025Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced the appointment of Ben Silver as Senior Executive Vice President and Head of Portfolio and Operations. Based in Los Angeles, Mr. Silver will play a critical role on Legacy’s leadership team as the firm continues to scale its diversified ABL platform.
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Security Interests: They’re Only Half The Story
Sep 15, 2025In today’s competitive lending market, weakened loan structures and relaxed covenants have become the norm—leaving lenders with fewer safeguards when trouble arises. This article explores practical, asset-specific strategies to preserve collateral value and strengthen exit options, from inventory and receivables to real property and equity interests.
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Gordon Brothers Bolsters Market Presence in New England & Welcomes Daniel Bolger as Director, Business Development
Sep 11, 2025
Gordon Brothers, the global asset experts, is bolstering the firm’s market presence in New England and has welcomed Daniel Bolger as Director, Business Development. In this role, Bolger will accelerate Gordon Brothers’ continued growth in the region by providing comprehensive, integrated solutions across the firm’s existing suite of asset services, lending and financing, and trading that unlock liquidity for clients and partners.
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Strategies to Overcome Merchant Cash Advance (MCA) Challenges: Insights and Solutions from Industry Experts
Sep 9, 2025Merchant cash advance (MCA) lending has become a disruptive force in the alternative finance sector, reshaping how small and mid‑sized businesses access capital — and how lenders assess and protect their positions. In a July 29 webinar hosted by SFNet, "Strategies to Overcome MCA Challenges," three leading experts — Richard Simon, partner, Mandelbaum Barrett PC, Marc Mellman, managing director, MCA Stacking Solutions and Stuart Wells, counsel, White and Williams LLP — shared insights on the growth of MCAs, the risks they present, regulatory changes, litigation strategies, and how both lenders and merchants can handle this challenging environment.
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SFNet Announces IMPACT Award Winners and 2025 Hall of Fame Inductees
Sep 9, 2025
SFNet is pleased to announce the winners of its IMPACT Awards and the inductees into the 2025 SFNet Hall of Fame. The IMPACT Award recipients embody the core values and achievements that the SFNet community strives to uphold and promote. Hall of Fame inductees have made significant, lasting contributions to the secured finance industry throughout their careers. We look forward to celebrating with this august group on the evening of November 11 in Los Angeles, prior to SFNet’s Annual Convention.
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ABL Powers Ahead in Q2 2025 with Surge in New Money, Sponsored Deals, and Longer-Term Credits
Sep 8, 2025Asset-based lending (ABL) stormed into the second quarter of 2025 with impressive volume that was a combination of both refinancing activity and new money. Q2 was the third-highest Q2 on record. According to data from LSEG LPC, ABL volume reached $41.9 billion in Q2, marking a 73% increase over Q1 and a 22% rise year-over-year.
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Deep in the Heart of Texas
Sep 3, 2025Texas is quickly putting itself on the commercial finance map with recent new firms starting and a region that is clearly growing.
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Hilco Global Unveils Operating Structure to Fuel Next Stage of Growth
Sep 3, 2025Firm’s 20+ operating companies will consolidate into two divisions, Hilco Global Professional Services and Hilco Global Capital Solutions, which will support the firm’s expanded advisory and asset management-private credit capabilities.
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Gordon Brothers Acquires Atlantic RMS
Sep 3, 2025
Gordon Brothers, the global asset experts, has acquired Atlantic Risk Management Services (Atlantic RMS), a London-based firm specialising in accounts receivable audits and realisations.
The acquisition expands Gordon Brothers’ valuation and corporate recovery capabilities in the U.K. and Europe and further enhances the firm’s ability to deliver comprehensive solutions to clients and partners across their lifecycle.
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Amerisource Business Capital Closes $7.5MM Senior Credit Facility for Cabinet Door and Components Manufacturer
Aug 27, 2025Amerisource Business Capital announced the closing of a $7,500,000 senior credit facility for a cabinet door and components manufacturer. The proceeds were used to refinance the company’s existing bank debt and provide additional working capital to support growth initiatives.
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Great Rock Capital Provides $100 Million of Liquidity to SkyWater Technology
Aug 25, 2025
New Capital to Support Strategic Acquisition and Drive Future Growth
Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced that it has provided $100 million of liquidity to SkyWater Technology (“SkyWater”), a publicly traded company on the Nasdaq Stock Exchange (NASDAQ: SKYT). -
Non-Loan Party Restricted Subsidiaries: A Key Pitfall
Aug 25, 2025Explore how Non-Loan Party Restricted Subsidiaries are reshaping the risk landscape for lenders. This article reveals how their EBITDA is often included in loan covenant calculations— despite not backing the debt—creating hidden vulnerabilities. Using real-world scenarios and the recent At Home transaction, it exposes the subtle, but serious, threats these subsidiaries pose, and why lenders must rethink their protections in today’s evolving market.
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SLR Business Credit Announces Addition of Gino Clark to Expand its Traditional Factoring Business
Aug 20, 2025SLR Business Credit, in conjunction with its affiliate SLR Digital Finance, has announced that Gino Clark has joined as Senior Vice President/Managing Director to expand its traditional factoring business. In this leadership role, he will be delivering SLR Business Credit and SLR Digital Finance’s full suite of asset-based and factoring products to U.S. businesses.
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Further Reflections on the Year of Elections – Where Are We Now?
Aug 20, 2025In a world where global politics and security seem to shift with every headline, understanding the forces behind today’s volatility is more crucial than ever. This article takes you inside the aftermath of 2024’s “Year of Elections,” exploring how voter pessimism, rising populism, and unpredictable leaders are redrawing the map of international risk. Discover why businesses and analysts alike must stay agile in this era of relentless change. -
Legacy Corporate Lending Closes $125 Million in 1H Financing Activity as Team and Platform Continue to Expand
Aug 18, 2025
Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced more than $125 million in financing activity to five companies during the first half of 2025
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