Thursday, May 27, 2010
What’s the difference between “Middle Market” and “ABL”?
For most banks and finance companies with more than $1 billion in assets, commercial lending is typically segmented into Large Corporate, Middle Market, and Business Banking. “Middle Market” and these other segments are generally understood to describe a type of borrower, whereas “ABL” (asset based lending) refers to a type of loan.
Tuesday, April 27, 2010
ABL Lenders: More of the Same in 2010
There were not a lot of positive signals from the lenders gathered this morning at the Langham Hotel in Boston for TMA’s annual “Asset-Based Lending Panel”.