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ABL Advisor
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Serving Asset-Based Lending Decision Makers...
Serving Asset-Based Lending Decision Makers...

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CECL: Embracing Needed Change -- After years of deliberation dating back to the 2008 financial crisis, the Financial Accounting Standards Board (FASB) issued the highly anticipated Current Expected Credit Loss accounting standard (CECL) on June 16, 2016. After the financial crisis, the incurred loss model was criticized for recognizing insufficient losses too late because institutions were prohibited from reserving against future expected losses. In hindsight; this was most evident when loan-loss reserves were at their lowest in decades during the years immediately preceding the financial crisis. CECL aims to avoid this scenario by requiring institutions to measure all expected credit losses for all financial instruments measured at amortized cost.


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The Road Ahead for Specialty Finance and Non-Bank Lenders - If uncertainty is the siren song for this industry, that condition abounds today - Observations from the iGlobal Specialty Finance Conference from EssexStreet Advisors' David Wisen.

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Borrowing Base Certificate Forecasting: Avoiding the Unexpected - Is a Borrowing Base Certificate (BBC) forecast necessary? Focus Management's Juanita Schwartzkopf explains...

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BankruptcyData, a service provided by New Generation Research, Inc. (NGR) released its annual bankruptcy report. The yearly report analyzes trends associated with U.S. Bankruptcy Court activity. In 2016, declining bankruptcy trends reversed dramatically, with overall bankruptcies in both the public and private sector rising by 26%. Nearly a hundred public companies filed for Chapter 7 and Chapter 11 protection, with just under $105 billion in combined pre-petition assets. Additionally, an impressive 25 petitioners had assets greater than $1 billion, compared to 19 in the previous year. #Bankruptcy #Chapter11 #Chapter7 #CommercialFinance



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Monroe Capital CEO Ted Koenig shares his views of the lending market in this exclusive #Finance article: 2017 Outlook: Anticipating Change that Yields More of the Same for Credit

Koenig says - A new administration and evolving global trade relationships promise significant changes for most industries and markets, yet against this shifting backdrop an accommodative credit environment should continue for the foreseeable future. #Equity #Debt #Credit #Lending #PrivateEquity 

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Cantor Fitzgerald, L.P. (“CFLP”, “Cantor”, or the “Firm”), a leading financial services company, today announced that Anshu Jain has joined the Firm as President. Working with Howard W. Lutnick, Chairman and Chief Executive Officer of CFLP, Mr. Jain will build on Cantor Fitzgerald’s strong client-focused business foundation and drive the Firm’s momentum as it enters the next phase of growth. Mr. Jain is the former Co-Chief Executive Officer of Deutsche Bank and has been a leader in the financial services industry for over three decades.



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As 2016 draws rapidly to a close, the staff of ABL Advisor takes a moment to reflect and present this year's Featured Articles that captured our readers' interest the most. With this in mind, we reviewed our website metrics to determine which five articles generated the greatest number of "clicks" from our readers. It is in this spirit that we present ABL Advisor's top five Featured Articles for your re-discovery, edification and enjoyment. #AssetBased #Finance #Banking #Banks #CommercialFinance #Bankruptcy


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