Loeb Term Solutions: Bridging the Gap to Traditional Lending: For many of the clients that come to Loeb Term Solutions for financing, their companies are distressed or in turnaround and they fall outside of the covenants of traditional lenders. However, this doesn't necessarily mean that the company will never be able to qualify with a traditional lender in the future. In fact, Loeb Term Solutions has been the right move at the right time to bridge the gap in financing for a number of companies, who have been able to exit our financing in 24-36 months...
Thursday, December 17, 2015
Friday, December 11, 2015
Mastercraft Furniture Refinishing & Upholstery Co., Inc. Online Only Auction - Lots begin closing online 1/19
Mastercraft Furniture Refinishing & Upholstery Co., Inc. Online Only Auction - Lots begin closing online 1/19: Woodworking Machinery & Equipment No Longer Needed in the Continuing Operations of Mastercraft Furniture Refinishing & Upholstery Co., Inc....
Friday, December 4, 2015
Real Asset Knowledge Trumps a Typical Report
Real Asset Knowledge Trumps a Typical Report: Are you sure your last appraisal was accurate? Banks hire appraisal firms because they want an opinion of value. Why? The majority of banks in today's banking climate, even when they identify themselves as an asset based lending group, they are, in fact, effectively cash flow lenders. The assets, as collateral, are important, but the focus of the lender is on the borrower's ability to service their debt and not necessarily on the actual value of the underlying collateral...
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