ABL Sector Must Stay Vigilant Amid ‘Growth of Shrink’
By: Bill Mayer
In what might be thought of as “the growth of shrink,” American retailers are pointing to shoplifting, organized retail crime and employee theft as significant drags on their profitability. The big-box discounter Target, for one, said its profits could take a $500 million hit from shrink this year alone. Notably, in a recent CNBC appearance, […]
What Asset-Based Lending Can Learn from AI in the Grocery Sector
By: Bradley W. Snyder
OpenAI’s bombshell release of ChatGPT underscores two realities that ought to be top-of-mind for asset-based lenders everywhere.
The first is that artificial intelligence—essentially, machines that sift through vast quantities of data to identify patterns and tell themselves what to do—will play a bigger role in borrower health. The second is that ABLs need […]
Taking Stock of Retail’s Reversal of Fortune
By: Michael McGrail
Those who run retail liquidations have had to continually shoot down a popular misconception over the past couple of years that “you must be incredibly busy right now.”
The mistaken assumption is based on the thinking that retail bankruptcies have exploded since COVID-19 as things were terrible during the lockdowns and now everyone shops online. However, the true […]
The Art and Science of Loaning Against Trademarks
By: Eric Gul
Trademarks are one of the fastest-growing collateral categories in the ABL sector—due in no small part to the ease with which owners of properly supported brands can sell their products via multiple channels, including e-commerce, m-commerce, wholesale distribution, and retail stores. On the consumer side, younger generations are driving much of the e-commerce and m-commerce demand. […]
Tiger’s Appraisal Chief Sees Prime ABL Opportunities at Amazon FBA
By: ABL Advisor Staff Writer
Wholesale and retail inventories have always been a mainstay for lenders, but with millions of businesses now selling their wares on Amazon, what are the potential implications for the ABL sector?
ABL Advisor sat down with Ryan Davis, Managing Director of Tiger Valuation Services, to discuss some of the considerations involved in lending to Amazon sellers. “Inventory quality […]
Does the Current ‘Logistics Nightmare’ Have a Surprising Upside?
By: Ryan Davis
Could today’s global supply chain disruption contain some good news for asset-based lenders? That may seem like a counterintuitive question given that the current inventory crunch — supplies have dropped to levels not seen since just after the Great Recession — has led many borrowers to massively downsize their ABL lines. In addition, many of […]
Audio-Visual Asset Value Rebound Highlights Sector’s Resilience
By: Jonathan Holiday and Jason Rae
Tiger Group experts provide insights into the factors asset-based lenders should contemplate when considering lending into the professional A/V sector.
Asset values in the audio/visual (A/V) sector—everything from high-end digital cameras for movie, television and commercial productions, to specialized lighting for live events—continue to strengthen, due in part to the commencement of productions and the […]
Restaurant Rebound Tests the Limits of U.S. Food Distributors
Foodservice distributors generally adapted well to the massive disruptions triggered by the pandemic, but the sector is feeling the strain of the latest shift – the rapid return of tens of millions of Americans to in-person dining.
By: Eric Schloemer
Historically, foodservice inventory and M&E have been good, stable forms of collateral, and the prospects of this “safe haven” […]
Trends in Major Retail Liquidations: Potential Unintended Consequences
By: Jack Rapp
The Toys ‘R’ Us liquidation conducted this year was remarkable for its scale. It involved more than 800 stores and hinged on the combined efforts of Tiger Capital Group, Great American Group, Hilco Merchant Resources and Gordon Brothers. However, it was noteworthy for another reason—instead of guaranteeing results through an equity transaction, the four companies liquidated […]
Over the past several years, Tiger Capital Group has been a partner in some of the most high-profile retail liquidations and store closing sales – everything from the recent Toys ‘R’ Us and Bon-Ton GOBs to Sears Canada, Gymboree, Gander Mountain, HH Gregg, Bebe, PayLess Shoe, and Gordman’s. But there’s a great deal more to the New York-headquartered company than retail liquidations and appraisals.
In a […]
