The collapse of SVB Bank and Signature Bank have sent shockwaves through the financial markets, hitting startups and companies reliant on venture capital hardest. In response, VION has established a fast-track funding program and is waiving fees to assist those affected by the recent crisis.
Stacey Schacter served as an industry partner for student entrepreneurs as part of the University of Pittsburgh’s Entrepreneurship and New Venture Initiation program
VION has partnered with Gordon Brothers in the purchase of a substantial portion of Armstrong Flooring Inc.’s assets.
Join Stacey and guest former U.S. Senator Mo Cowan as they discuss how government decisions and laws affect businesses, and how you can have a say. Listen now on Spotify and all major podcast platforms.
Join Stacey and guest Ed Meister, CEO of Pure Finance Group, as they discuss the trials and tribulations of starting a new finance business.
A good negotiation is one where you have protected your side’s interest while achieving the goal of completing a transaction.
As is evident to most, you don’t need to be a global company to be affected by global events. If your company is looking to expand internationally, focusing on stability and consistency should allow you to thrive.
While fraud is sometimes unavoidable, VION has learned ways to detect this activity early and so can you.
ESG (Environmental, Social and Governance) allows businesses to focus on the bigger picture of caring for people and the planet instead of just the businesses’ financial goals.
Periods of rapidly rising inflation tend to put downward pressure on all critical metrics, which could inhibit businesses from borrowing more money to bridge their working capital needs.
Selling underperforming receivables is an excellent alternative to free up liquidity and help your business get back on track.
Alternative lending is a more accessible, faster, flexible and easier way to get the capital your business needs.
VION is one of the largest consumer and commercial receivable valuation companies in the country and can provide services to ABL lenders, investors or corporate leadership to help them succeed in changing economic times.
Watch Stacey Schacter speaking on “US Economic Outlook — Is the Party Over?” during 2021 Canada Receivables Management Conference.
Watch Stacey Schacter speaking on the “Consumer ABS Task Force: 2021 Year of Abundance” panel during FIIN’s Distressed Credit Trading and Asset Performance Update.
We hope everyone is off to a good start as 2021 gets going. In this month’s newsletter, we review at a high level the current commentary over the possibility of inflation in the economy over the next 12-18 months.
In this month’s newsletter, we review the past year’s government response to the economic effects of Covid-19 and highlight some potential macro questions worth considering as we enter 2021.
Many firms discuss the impact of COVID-19 on various aspects of businesses, but few have access to consumer data across industries to look at trends. VION initiated an investigative review of the COVID-19 pandemic on “performing” non-bank consumer accounts receivable, primarily focusing on the fiscal stimulus impact and on-going recessionary effects.
Marcus Aurelius (Roman emperor from 161 to 180 and a stoic philosopher) wanted us “to bear in mind constantly that all of this has happened before and will happen again.” We might think we are in unique times, that no one has ever gone through what we have gone through, but that is false.
We discuss an oddity of the debt capital markets which seems to be a repeat of something that also occurred during the 2008 financial crisis, that is, a differentiation between levels of corporate debt issuance and asset backed securities (“ABS”, and including collateralized loan obligations “CLOs”) issuance, and explore some of the reasons why this may be occurring.
As we continue into the 2nd half of the year and round out a volatile June, we note in our inaugural post-Covid periodic newsletter that aggressive US fiscal and monetary stimulus have resulted in mixed price signaling in the public and private capital markets, and perhaps highly uneven distribution of stimulus throughout the economy.