Insights

Lenders are bracing for the impact of a change to the way they have to account for losses on loans. The new “current expected credit loss” (or CECL) standard became effective in 2020 for publicly-traded banks.

The impending cessation of LIBOR is drawing nearer and calls for banks to begin preparing for the transition are getting louder.

Private companies who must integrate the new lease accounting rules (ASC 842) by December 15, 2019 are closely watching some recent developments.

Atalaya provided equipment lease financing for an established, market-leading food processing and packaging business to expand its manufacturing capacity and diversify revenue across new products.

Atalaya's lease financing enabled the Company to acquire necessary software for expansion of its client base and scope of services.

By refinancing a portion of the Company’s previous leases, Atalaya lowered the Company's monthly payments significantly – enabling it to reinvest in growth and build out its platform.

As big data usage, storage and privacy/protection increases, the need for data center capacity increases as well, and the market will grow as a result.

Atalaya provided a loan against the Company’s Vendor equipment to enable the Company to buy out expensive rental agreements.

This deal underscores our ability to execute on providing capital to earlier-stage businesses where traditional banking avenues may be more challenging to navigate.

One possible route to financial stability for middle-market oilfield service operators is consolidation, which could improve efficiencies and increase the pricing leverage of the providers that remain.

The deal highlights the fact that we are willing to accept a higher degree of perceived risk for deals that are well-secured by assets.

If construction's productivity grew to match that of the global economy, a total of $1.6 trillion could be added annually to global GDP, providing a boost of 2%.

Given growing worries in the U.S. over cyberthreats from foreign actors, it seems likely that pressure to use domestically manufactured components will only intensify going forward.

The story behind this particular financing was a simple one: we saw potential in a construction company that traditional lenders could not and had the flexibility to act on it.