Eric's section, titled «An Expert's View:
Middle Market Loans,» reviews developments in middle market loan deals.
Prior to joining Cerberus, Mr. Miller worked as a Vice President in The CIT Group / Business Credit, Inc. from 1986 to 1998, where he was responsible for origination, structuring and underwriting
middle market loans to distressed companies and companies undergoing restructuring and reorganization, and where he formerly served as the Marketing Manager of the credit finance division.
Not exact matches
The biggest demand for commercial
loans, as far as U.S. Bank is concerned, is primarily for
middle market firms looking for
loans of up to $ 1 million or more, and on the lower end for $ 250,000 or less, says John Elmore, vice chairman of consumer banking for U.S. Bank.
Prior to joining Cerberus, Mr. Naccarato was a Vice President and Senior Credit Officer at Bank of America Commercial Funding from 1997 to 2000, where he was responsible for managing all aspects of credit relating to a
loan portfolio consisting of
middle market asset - backed credit facilities.
In his new role, Woolford will manage Cerberus Business Finance's capital
markets activities, including the acquisition of performing secondary
loans within both the private
middle -
market and broadly syndicated
loan spaces, according to a statement.
Gordon Brothers Finance Company (GBFC), a commercial finance company that originates and underwrites asset - based and cash flow
loans to
middle market companies across several industries in North America and Europe, announced today that it has completed a $ 10.5 million ($ 11.4 million) term
loan to Tvilum APS (Tvilum).
In a related transaction, NewStar has entered into a definitive agreement to sell a portfolio of investment assets, including approximately $ 2.4 billion of
middle -
market loans and other credit investments, to a newly formed investment fund sponsored by GSO Capital Partners, the global credit investment platform of Blackstone Group.
From term
loans and senior secured facilities, to asset - backed securitizations and equity investments, PNC helps
middle market companies obtain the capital they need to keep their businesses moving forward.
While these products are delivered «off the shelf» by large national banks to big customers, there is literally no small bank alternative for such lower -
middle -
market commercial
loan customers.
As a general rule, borrowers that need
loans with balances consistently larger than $ 2 million are too big for about 80 % of the banks in the U.S. Surprisingly, only about 6 % of the banks in the U.S. are larger than $ 1 billion in size and have the capital base to concentrate on
middle - and lower -
middle -
market businesses.
U.S. leveraged
loans yielded an average 5.3 per cent last month, while
loans to
middle -
market companies yielded 6.3 per cent, according to Standard & Poor's Capital IQ Leveraged Commentary & Data.
Not surprisingly, these large banks own and originate most of the commercial
loans in the U.S. Unfortunately, despite what they say in their
marketing campaigns and in front of the TV cameras, the large national banks don't want to deal with lower -
middle -
market businesses and don't offer their best products to smaller borrowers.
MacConnell joined PNC Business Credit in 1997 as one of its founding members and oversaw the creation of over $ 6 billion in new client
loans in support of
middle market leveraged buyouts, mergers and acquisitions, recapitalizations and restructurings.
Time for some brutal honesty... this team, as it stands, is in no better position to compete next season than they were 12 months ago, minus the fact that some fans have been easily snowed by the acquisition of Lacazette, the free transfer LB and the release of Sanogo... if you look at the facts carefully you will see a team that still has far more questions than answers... to better show what I mean by this statement I will briefly discuss the current state of affairs on a position - by - position basis... in goal we have 4 potential candidates, but in reality we have only 1 option with any real future and somehow he's the only one we have actively tried to get rid of for years because he and his father were a little too involved on social media and he got caught smoking (funny how people still defend Wiltshire under the same and far worse circumstances)... you would think we would want to keep any goaltender that Juventus had interest in, as they seem to have a pretty good history when it comes to that position... as far as the defenders on our current roster there are only a few individuals whom have the skill and / or youth worthy of our time and / or investment, as such we should get rid of anyone who doesn't meet those simple requirements, which means we should get rid of DeBouchy, Gibbs, Gabriel, Mertz and
loan out Chambers to see if last seasons foray with Middlesborough was an anomaly or a prediction of things to come... some fans have lamented wildly about the return of Mertz to the starting lineup due to his FA Cup performance but these sort of pie in the sky meanderings are indicative of what's wrong with this club and it's wishy - washy fan - base... in addition to these moves the club should aggressively pursue the acquisition of dominant and mobile CB to stabilize an all too fragile defensive group that has self - destructed on numerous occasions over the past 5 seasons... moving forward and building on our need to re-establish our once dominant presence throughout the
middle of the park we need to target a CDM then do whatever it takes to get that player into the fold without any of the usual nickel and diming we have become famous for (this kind of ruthless haggling has cost us numerous special players and certainly can't help make the player in question feel good about the way their future potential employer feels about them)... in order for us to become dominant again we need to be strong up the
middle again from Goalkeeper to CB to DM to ACM to striker, like we did in our most glorious years before and during Wenger's reign... with this in mind, if we want Ozil to be that dominant attacking midfielder we can't keep leaving him exposed to constant ridicule about his lack of defensive prowess and provide him with the proper players in the final third... he was never a good defensive player in Real or with the German National squad and they certainly didn't suffer as a result of his presence on the pitch... as for the rest of the midfield the blame falls squarely in the hands of Wenger and Gazidis, the fact that Ramsey, Ox, Sanchez and even Ozil were allowed to regularly start when none of the aforementioned had more than a year left under contract is criminal for a club of this size and financial might... the fact that we could find money for Walcott and Xhaka, who weren't even guaranteed starters, means that our whole business model needs a complete overhaul... for me it's time to get rid of some serious deadweight, even if it means selling them below what you believe their
market value is just to simply right this ship and change the stagnant culture that currently exists... this means saying goodbye to Wiltshire, Elneny, Carzola, Walcott and Ramsey... everyone, minus Elneny, have spent just as much time on the training table as on the field of play, which would be manageable if they weren't so inconsistent from a performance standpoint (excluding Carzola, who is like the recent version of Rosicky — too bad, both will be deeply missed)... in their places we need to bring in some proven performers with no history of injuries... up front, although I do like the possibilities that a player like Lacazette presents, the fact that we had to wait so many years to acquire some true quality at the striker position falls once again squarely at the feet of Wenger... this issue highlights the ultimate scam being perpetrated by this club since the arrival of Kroenke: pretend your a small
market club when it comes to making purchases but milk your fans like a big
market club when it comes to ticket prices and merchandising... I believe the reason why Wenger hasn't pursued someone of Henry's quality, minus a fairly inexpensive RVP, was that he knew that they would demand players of a similar ilk to be brought on board and that wasn't possible when the business model was that of a «selling» club... does it really make sense that we could only make a cheeky bid for Suarez, or that we couldn't get Higuain over the line when he was being offered up for half the price he eventually went to Juve for, or that we've only paid any interest to strikers who were clearly not going to press their current teams to let them go to Arsenal like Benzema or Cavani... just part of the facade that finally came crashing down when Sanchez finally called their bluff... the fact remains that no one wants to win more than Sanchez, including Wenger, and although I don't agree with everything that he has done off the field, I would much rather have Alexis front and center than a manager who has clearly bought into the Kroenke model in large part due to the fact that his enormous ego suggests that only he could accomplish great things without breaking the bank... unfortunately that isn't possible anymore as the game has changed quite dramatically in the last 15 years, which has left a largely complacent and complicit Wenger on the outside looking in... so don't blame those players who demanded more and were left wanting... don't blame those fans who have tried desperately to raise awareness for several years when cracks began to appear... place the blame at the feet of those who were well aware all along of the potential pitfalls of just such a plan but continued to follow it even when it was no longer a financial necessity, like it ever really was...
For example, financial innovations are responsible for home mortgages and auto
loans, which empower lower and
middle class consumers; credit to entrepreneurs who have built successful enterprises; and credit to emerging
markets, which has helped raise millions of people out of dire poverty.
Additionally, while both funds have similar investment objectives, Griffin Credit has a broad credit focused investment mandate, of which the BDC's lower
middle market directly originated
loans are just one sleeve.
medium or
middle market sized business that needs a commercial term
loan, lines of credit, SBA guaranteed
loan, or any of our commercial banking services, you can expect an informative experience based on expertise, convenience, flexibility, and responsiveness.
Trump's controversial housing
market decision could affect a large number of moderate - income and
middle - class home buyers in 2017, because the FHA
loan program is very popular among this demographic.
Webster Business Credit's Retail Finance Group is a leading provider of asset - based
loans to
middle market retail businesses in the United States.
So if the
market rate rises, then a private student
loan could become more expensive with a higher rate in the
middle of repayment.
The Business Bank segment meets the needs of
middle market businesses, multinational corporations and governmental entities by offering various products and services, including commercial
loans and lines of credit, deposits, cash management, capital
market products, international trade finance, letters of credit, foreign exchange management services and
loan syndication services.
Based on our review of the lender's terms and conditions, we believe that PenFed's personal
loan offerings are most suitable for
middle -
market borrowers with average credit or poor credit lenders who can obtain a co-signer.
This willingness to pay for fast and easy access to money, without being made to feel unwanted or rejected, may be why payday and quick cash
loans are still a growth
market, even among
middle income earners and seniors.
-- Leveraged
loans are
loans made to highly leveraged companies, co's acquired by private equity firms (LBOs), or (occasionally)
middle market co's.
It has more than $ 50 billion of assets and makes
loans (and leases) to
middle market companies and small businesses.
He regularly advises financial institutions, corporate borrowers and other alternative credit providers in large - cap syndicated
loans, as well as
middle market and direct lending transactions.
He has wide - ranging experience with
middle -
market financing transactions, including traditional commercial leveraged debt financings, venture debt financings and bridge
loans.
Managed multi-million dollar
loan portfolio consisting of domestic and foreign currency
loans from Corporate Banking,
Middle Markets, and Capital
Markets lending.
Managed the banking relationships of 20 - 30 small to
middle market commercial customers having a
loan portfolio of $ 25 - 30 million.
Equipment Leasing & Financing Company, LLC (City, ST) 01/2010 — 02/2011 Managing Partner • Oversee the development of various equipment
loans and leases for a multitude of privately held
middle market companies • Supervise the credit evaluation of each transaction and the syndication to proper funding sources • Hire, train, and supervise junior associates ensuring they understand the brand and adhere to corporate policies • Build and strengthen key strategic relationships with clients resulting in loyalty, referrals, and new business growth
«We're seeing a steadily increasing flow of
loan origination and debt purchasing opportunities that suit our
middle market focus,» Mr. Zegen said.
Even a
middling capitalization rate (for this
market) can affect the size of a
loan.
«We like our niche,» he said, noting that the small - to
middle -
market space is dominated by is dominated by regional players, rather than national players that prefer larger
loans in major
markets.»
«Brokers have shifted because alternative lenders can be more flexible,» explained Money360 Founder Evan Gentry, a firm which focuses on small - to
middle -
market loans.
GE Capital offers commercial
loans, leases and
middle market finance solutions that can help your company build a stronger, better future.
30M 75 1.2 YYYYY Y Y Y YY YY YY Direct Lender NATIONWIDE A10 Capital is a direct lender specializing in
middle -
market loans for both commercial real estate properties and single - family rental (SFR) properties.
There are several additional steps — including legislative proposals — that could immediately work to further strengthen the housing
market and ensure that the
middle class can secure affordable mortgages, refinance their
loans at today's low rates, and build housing wealth while ensuring that no communities or homeowners are left behind by the housing recovery.