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First Eagle Alternative Credit Expands into Asset-based Lending with Klaff and Galeota at Helm
First Eagle Alternative Credit, LLC announced that it has added asset-based lending solutions to its direct lending platform and appointed industry veterans Larry Klaff and Lisa Galeota to lead this initiative at the firm.Klaff and Galeota join First Eagle from Gordon Brothers Finance Company, a...
Bed Bath & Beyond to Close 200 Stores Amid COVID Uncertainty
Bed Bath & Beyond Inc. announced that its Board of Directors approved the planned closure of approximately 200 mostly Bed Bath & Beyond stores over the next two years as part of the Company's real estate optimization program.In an SEC filing the company said that at this initial stage of the program...
7/13/2020
FSB Emphasizes Critical Role of LIBOR Transition in Global Banking Stability
The Financial Stability Board (FSB) reiterated its position that transformational changes to the global banking system must continue despite the CoVID-19 crisis.The FSB’s Official Sector Steering Group (OSSG) is monitoring the developments closely and recognises that some aspects of firms’...
7/13/2020
Haynes and Boone Advises AYRO in $15MM Offering
A Haynes and Boone, LLP deal team represented Austin-based AYRO, Inc., a manufacturer of light-duty, emissions-free electric vehicles, in a $15 million registered direct offering of its common stock, which closed July 9, 2020.Founded in 2017, AYRO designs and manufactures compact, sustainable...
7/13/2020
 
Asset-Based Lending: A Look at Systems for Survival in the COVID-19 Era
James Hanley
How will you survive, grow and scale your asset-based lending business in the midst and aftermath of a global pandemic?
6/11/2020 Topic: Technology
Latin America is widely recognized by U.S. investors and businesses as a region...
Topic: Accounting
Despite new competitive forces from FinTech-style firms, traditional asset-based...
 
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