Commercial Lending Review articles from March 2003

Commercial Lending Review archives from March 2003

Portfolio management and the rise of the secondary market.
March 1, 2003... Three articles in this issue of Commercial Lending Review provide snapshots of various aspects of the commercial lending market in late 2002/early 2003. While each addresses different niches, they come to a unanimous conclusion: Lend-and-hold...

Enron: did the financial reporting model really fail?
March 1, 2003... Enron's recent collapse is considered by many to be a classic accounting failure characterized by the inappropriate use of generally accepted accounting principles (GAAP) and questionable independent auditor performance. Enron's demise has...

Current trends in commercial lending.
March 1, 2003... As we all well know, the business of commercial lending is in a state of decline under current economic conditions. As the ultimate cyclical business, the current state of stagnant commercial lending growth is to be expected. However, the...

Recent trends in the syndicated lending market.
March 1, 2003... The syndicated lending market has been undergoing significant change for the past few years. Fundamental shifts in the market have significantly affected corporate borrowers and lenders. Prudent borrowers and lenders will understand these...

What's driving growth in secondary loan trading?
March 1, 2003... Loan trading, in the most simplistic terms, is the matching of buyers and sellers of loans. While trading activities are common for securities and other assets, they have been slow to develop for loans due to structural factors and lower...

Working-capital efficiencies resulting from large retailers' power.
March 1, 2003... Retail sales have become much more concentrated as a result of the growth of discount department stores and category specialists. Conventional wisdom suggests that this concentration has increased retailers' power, enabling them to shift...

Preventing liability in the takeout of a loan. (Lender Liability).
March 1, 2003... As the economy has faltered, banks have seen the quality of their credits erode, putting tens of millions of dollars in their portfolios at risk. According to Weiss Ratings Inc., in 2001 US banks wrote off $38.8 billion in bad commercial,...

Factoring accounts receivable for small-business customers. (Small Business).
March 1, 2003... Growing businesses are vulnerable to lagging cash flows. A rapidly expanding company with excellent products and booming sales can be hamstrung by stalled collection efforts needed to fund operations and growth. The problem is further...

Lenders say US in midst of real estate bubble. (Lending Outlook).
March 1, 2003... More than half of lenders nationwide believed that a US invasion of Iraq would have a negative impact on the economy, and 67 percent predicted that consumer spending would drop if war breaks out, according to the results of the latest Phoenix...

FASB amends transition guidance for stock options and provides improved disclosures. (Accounting).
March 1, 2003... Recently, the Financial Accounting Standards Board (FASB) issued Statement of Financial Accounting Standards (SFAS) No. 148, "Accounting for Stock-Based Compensation--Transition and Disclosure," to amend SFAS No. 123, "Accounting for...