May 20, 2020
As the coronavirus pandemic and the policy response to it continues to affect businesses and commercial credit, many borrowers are converting revolving and secured cashflow credit facilities to asset-based lending facilities. On the ABA Banking Journal Podcast — sponsored by ProfitStars, a division of Jack Henry and Associates — Ed Gately of Mitsubishi UFJ Financial Group discusses this trend and what it means for borrowers and banks. Among other topics, Gately explores:
This episode is sponsored by ProfitStars, a division of Jack Henry and Associates.