Lenders

Don't Let Big Banks Starve Your Business
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Don't Let Big Banks Starve Your Business

Here are alternatives to get the cash flow you need More

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Big Deals: Leverage Lenders' Optimism To Pay Less for Your Debt

The downturn caused the cost of capital to spike. Financial columnist Matt Ogden explains how to use a clean balance sheet and improving market to reverse that trend. More

Tags: Finance, Lenders
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Optimism at US LBM and 9 Other Takeaways from L.E.K.'s Building and Infrastructure Conference

US LBM's chief and other prominent figures in the building and infrastructure business expressed cautious to boisterous optimism at the Building and Infrastructure Conference co-sponsored by L.E.K. Consulting and Lincoln International. More

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How To Talk to Your Bank

During home building's go-go years, banks loved us. We had cash flow (profits and liquidity) and we had collateral (assets More

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ProSales Poll: Minority of Dealers Report Tougher Banking Relations

A subset of building material dealers report conditions with their banks has gotten tougher, and some are looking to change lenders, but for the most part they regard their condition as better than what their customers are going through, a new ProSales survey indicates. More

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84 Seeks $20M in Federal Loans

84 Lumber Co. is seeking to borrow $20 million in federal money to help refinance a $45 million loan package at better terms. More

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Lenders Protest National Home Center's Plan To Sell Itself to Stock

A second financial institution has filed objections to a bid by Stock Building Supply to pay $15 million to buy National Home Centers, the Arkansas-based dealer that ranked 26th on last year's ProSales 100 and now is in Chapter 11 bankruptcy. More

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84 Stung by Orleans' Chapter 11 Filing

Orleans Homebuilders, the Bensalem, Pa.-based builder with 11 operating divisions in eight states, has filed for Chapter 11 bankruptcy. More

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Atrium Files for Ch. 11 as Part of Restructuring Plan

Atrium Cos., the Dallas-based maker of residential vinyl and aluminum windows, filed for Chapter 11 bankruptcy protection from creditors as part of a restructuring agreement with more than two-thirds of its secured lenders. More

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Wholesale Lumber Dealer's Assets Seized, Put Up for Sale

A lender has seized the inventory and equipment of Bloch Lumber and will auction the Chicago-based wholesale dealer's assets on Dec. 29, according to a published legal notice in the Chicago Tribune and comments from an attorney for the lender. More

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