Cash Flow Lending in Massachusetts
Cash flow lenders have become harder to find in recent years, but for credit-worthy borrowers with stable cash flow from operations, there is still money to be had.
PEGs bring new life (and capital) to Commercial Lenders
Two commercial finance companies focused on lending to small and middle-market companies received new capital investment from private equity firms in May.
Cooley LLP Presents Report on Venture Financings in Q1 2010
In their most recent survey of venture capital financing transactions, the law firm of Cooley LLP notes that pre-money valuations were up in Q1, and there was a material increase in the number of financings with pre-money valuations north of $100 million.
Bernanke Sees `Reasons for Optimism’ on Bank Lending (Bloomberg)
Fed Chairman Ben Bernanke, speaking this morning at an event in Chicago, said “Although bank credit remains tight, I see some reasons for optimism. The economy is recovering, and banks’ senior loan officers expect a “modest reduction in their troubled loans” over the next year, outside of commercial real estate.”
Recapitalization: When does it make sense for your business?
For a business to “recapitalize” there must be some transaction where new capital comes into the business. Businesses recapitalize for many different reasons, including liquidity for shareholders, expansion capital, or repayment of debt.
New Data: The Economic Recovery is Underway
The U.S. economic recovery is underway with a 3.2% increase to GDP in the first quarter, according to new data today from the Commerce Department
Boston Commercial Bankers Have Money to Lend
Banks in and around Boston have money to lend and are looking for deals. Interest rates on revolving lines of credit are currently pricing at LIBOR + 350 for commitments of $2 million to $10 million, and as low as LIBOR +175 for larger deals.
MA and NH lead in economic growth
According to an index of economic activity generated by The Federal Reserve Bank of Philadelphia, All six New England states posted economic growth for the three months ended March 31, 2010. Massachusetts and New Hampshire were among just four states with growth in excess of 1.0% for the period.
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