By Katie Kuehner-Hebert
OF AN INDUSTRY
a NEW format
for the Financial
A Virtual Workshop!
Learn from your own desk
and save on time out of the
o;ce. This 2-part virtual
workshop brings the training
to you with its easy interactive
online learning format.
>> It’s been another year of contrasts for the factoring industry. On one hand, existing client sales
have been down because of the recession, lowering factoring volume from existing clients.
On the other hand, most factors have been able to attract new clients either by stealing market
share from struggling competitors or through referrals from banks, which have tightened up on
traditional lending. Overall, profits are up for many factors, and their ability to charge higher rates
because of the increased risk has helped.
Beginning on page 20, we delve into the factoring
industry...the good, the bad and the credit crisis.
Financial Statement Analysis
April 27-28, 2010
1:00 p.m. – 4:00 p.m. ET
The May/June edition of The Secured Lender will cover legal
issues affecting the asset-based lending and factoring industries,
including an interview with the Dean of the Bankruptcy Bar,
Harvey Miller of Gotshal Weil, a conversation with three leading
commercial finance attorneys about current trends in commercial
finance law and articles on How Receivership Can Save Healthcare
From Creditors and Closing, and Secondary Debt Markets.
IN OUR NEXT ISSUE
What will you learn?
• Purpose of ;nancial analysis
• Traditional vs. ABL
• Balance sheet ratios and
analysis with a focus on
• Income statement analysis
focusing on EBITDA, debt
service coverage and
for more information.