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  • Asset-Based Lenders Give Fashion Companies New Options

Asset-Based Lenders Give Fashion Companies New Options

Insolvency Insider
Insolvency Insider

May 31, 2024

Asset-Based Lenders Give Fashion Companies New Options

Bradley Snyder of Tiger Capital Group points to the pullback of capital from risk-averse national banks as one of the reasons we are seeing an increase in distress and bankruptcy filings among retailers and wholesale distributors and explains how a new breed of asset-based lenders are coming alongside borrowers to isolate key drivers of distress and assist in developing action plans to get these companies back on track.

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