Commercial finance analysis and practical guidance, equipment, working capital, asset-based lending, and strategic debt, for business owners, executives, and finance leaders across the United States and Canada.
Commercial finance analysis and practical guidance for business owners, executives, and finance leaders across the United States and Canada.
A buy-sell agreement settles who can trigger a sale and exactly what the shares are worth. It usually settles funding in one sentence naming life insurance, which pays on only one of the five events that can fire it.
View insight →Acquisition leverage has recovered to roughly where it stood at the 2021 peak. On platform deals the senior layer has not, and the gap was filled by junior capital, which is not the pool most buyers approach first.
View insight →A term loan is sized once and never changes. A committed facility against recurring revenue is sized as a multiple of monthly revenue, and availability rises as that revenue rises, without a second underwriting.
View insight →