Tanned and Rested

I'm back from vacation!

While I read only one or two newspapers the entire time, I did notice a New York Times article about the number of large debt financings related to leveraged buyouts that are either struggling or being pulled from the market. I also noticed the stock market sell-off driven by continued concern in the marketplace over the potential spread of the sub-prime fallout to other credit markets. I suspect we'll be seeing more on both of these topics in the next few months.

As I was speaking to bankers today on some pre-screens, it was clear that some of them are looking a bit more closely these days at cash flow and the quality of collateral. I'll keep you posted on any developments here.

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Related Tags: factoring, accounts receivable, p.o. financing, purchase order financing, bank loans, equipment leasing, working capital, cash flow