Tiger Finance Provides $8.2MM Credit Facility to Outdoor Adventure Brands

Tiger Finance Provides $8.2MM Credit Facility to Outdoor Adventure Brands
Tiger Finance closed on $8.2 million in growth financing for Outdoor Adventure Brands (OAB)—an ecommerce and retail company known for its Austin Canoe & Kayak stores in Texas and Summit Sports locations in Michigan.

Private-equity sponsor Digital Fuel Capital, an ecommerce-focused investment firm, is an investor in the specialty sporting goods retail company.

“Based in Bloomfield Hills, Michigan, Outdoor […]

Continue Reading >Tiger Finance Provides $8.2MM Credit Facility to Outdoor Adventure Brands

Tiger Finance Provides $17 Million Credit Facility to Industrial Real Estate Firm

Tiger Finance Provides $17 Million Credit Facility to Industrial Real Estate Firm
Capital infusion will enable company to acquire and redevelop site on East Coast

NEW YORK (12/14/21) –Tiger Finance has closed on $17 million in growth financing for an East Coast industrial real estate investment and development firm.

Over the past five years, the company has acquired more than $400 million in Class A to C industrial […]

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Tiger Finance Provides $15.5MM DIP Financing to Aluminum Shapes

Tiger Finance Provides $15.5MM DIP Financing to Aluminum Shapes
Tiger Finance has closed on a $15.5 million in debtor-in-possession financing to facilitate the Chapter 11 restructuring of Pennsauken, N.J.-based Aluminum Shapes LLC, a fully integrated manufacturer and distributor of aluminum products serving multiple industries.

Aluminum Shapes LLC, which operates a 500,000-square-foot facility in Pennsauken, filed for Chapter 11 bankruptcy protection on August 15th in the U.S. Bankruptcy Court […]

Continue Reading >Tiger Finance Provides $15.5MM DIP Financing to Aluminum Shapes

Does the Current ‘Logistics Nightmare’ Have a Surprising Upside?

Does the Current ‘Logistics Nightmare’ Have a Surprising Upside?
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 these companies […]

Continue Reading >Does the Current ‘Logistics Nightmare’ Have a Surprising Upside?

Live Webcast Auction by Machinery Network Auctions and Tiger Group Offers Inventory from Automotive Supplier Toledo Molding & Die, Inc.

Live Webcast Auction by Machinery Network Auctions and Tiger Group Offers Inventory from Automotive Supplier Toledo Molding & Die, Inc.
Plant-closing sale on September 14 features 279 items–including accumulator-head blow molders, granulators, blenders, chillers, air compressors and more–from the global Tier 1/Tier 2 supplier of interior and air/fluid management systems

JEFFERSON, Ohio, Sept. 1, 2021 /PRNewswire/ — In a September 14 live webcast auction, Machinery Network Auctions, Inc. and Tiger Group are  offering machinery and equipment from the […]

Continue Reading >Live Webcast Auction by Machinery Network Auctions and Tiger Group Offers Inventory from Automotive Supplier Toledo Molding & Die, Inc.

Proceeds Beat Expectations by 45 Percent in Well-Attended CBD Equipment/Real Estate Auction by Tiger Group and Tranzon Asset Advisors

Proceeds Beat Expectations by 45 Percent in Well-Attended CBD Equipment/Real Estate Auction by Tiger Group and Tranzon Asset Advisors
U.S. and international bidders acquire all available assets of a major CBD processor in Cadiz, Kentucky, along with its 86,500-square-foot plant and 14.5-acre site.

CADIZ, Ky., Aug. 19, 2021 /PRNewswire/ — Motivated bidders drove robust results in an online auction of foreclosed assets from a major CBD processor’s facility in Cadiz, […]

Continue Reading >Proceeds Beat Expectations by 45 Percent in Well-Attended CBD Equipment/Real Estate Auction by Tiger Group and Tranzon Asset Advisors

Tiger Online Auction Offers Variety of Professional A/V Gear From Major Production Rental Company

Tiger Online Auction Offers Variety of Professional A/V Gear From Major Production Rental Company
Aug. 24th sale features over 200 lots of digital cameras, lenses, projectors, memory and other gear accessories from prominent North American rental house

LOS ANGELES (8/17/21)–In its latest sale for a prominent North American production rental company, Tiger Group will be staging a timed online auction on August 24 for over 200 lots […]

Continue Reading >Tiger Online Auction Offers Variety of Professional A/V Gear From Major Production Rental Company

Audio-Visual Asset Value Rebound Highlights Sector’s Resilience

Audio-Visual Asset Value Rebound Highlights Sector’s Resilience
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 rebounding U.S. economy.

Questions related to […]

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Restaurant Rebound Tests the Limits of U.S. Food Distributors

Restaurant Rebound Tests the Limits of U.S. Food Distributors
Historically, foodservice inventory and M&E have been good, stable forms of collateral, and the prospects of this “safe haven” sector remain quite strong over the long term. However, closer monitoring is always required when any form of collateral faces headwinds, which is the case in today’s food-distribution sector due to shortages of truck drivers, refrigerated trucks, warehouse […]

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Proceeds from Tiger Group, Schneider Industries Online Auction of Brewery Assets Top Expectations by 15%

Proceeds from Tiger Group, Schneider Industries Online Auction of Brewery Assets Top Expectations by 15%
The recent online auction of assets from a 30-barrel, semi-automated brewhouse in Eureka by Tiger Group and Schneider Industries generated proceeds that were 15% above the sale partners’ expectations.

In all, the auction attracted 236 registered bidders from across the United States and seven foreign countries. Prospective buyers for the equipment on offer included […]

Continue Reading >Proceeds from Tiger Group, Schneider Industries Online Auction of Brewery Assets Top Expectations by 15%