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The Bon-Ton Stores, Inc. Enters Into Forbearance Agreements with ABL Lenders
The Bon-Ton Stores, Inc. announced that it has entered into forbearance agreements with its ABL Credit Agreement lenders and an ad hoc group of holders of approximately 75% in aggregate principal amount of the Company's 8.0% Second Lien Secured Notes due 2021.  According to an 8K filing, the...
MUFG Appoints Chief Strategy Officer for the Americas
Mitsubishi UFJ Financial Group, Inc. (MUFG) announced that Howard Moseson, 50, has joined the company as Chief Strategy Officer for the Americas, effective immediately.Moseson, a seasoned business executive with substantial experience in corporate strategy, business management, risk, and wholesale...
Capital One Bank Closes $60MM Revolver for Harvest Small Business Finance, LLC
Capital One announced today that it has closed a two-year, $60 million senior secured revolving credit facility for Harvest Small Business Finance, LLC (Harvest).  Owned in part by a fund managed by Candlewood Investment Group, LP (CIG), Harvest is a nationally licensed SBA lender that originates...
Dime Community Bank Continues to Expand Business Banking Division
Dime Community Bancshares, Inc., the parent company of Dime Community Bank, announced that Alan Green has joined the bank as Senior Vice President - Business Banking. Green, who will report to Conrad Gunther, Executive Vice President - Business Banking, will be based in Dime's Manhattan...
Brick and Mortar Retail is Not Dying
Bob Epstein
Eaton Hudson’s Bob Epstein on why reports of the death of brick and mortar retail have been greatly exaggerated, and...
12/12/2017 Topic: Retail
When additional collateral is required for an asset-based finance deal...
Eaton Hudson’s Bob Epstein on why reports of the death of brick and mortar...
Topic: Retail
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