May 2021 – Tiger Group

Gail Glave Named to the 2021 Top Women in ABL Strategic Advisors

ABF Journal’s 2021 Top Women in Asset-Based Lending Profile Spotlight

GAIL GLAVE
Managing Director, Field Financial Operations
Tiger Capital Group
Gail Glave believes in the power of being trustworthy and if there’s one thing that is always honest, it’s data. Perhaps that’s why Glave, a managing director of field financial operations at Tiger Capital Group, is so skilled at not only gathering data but breaking it down to glean important […]

By David Flood

Read more about the article Tiger Finance and Encina Business Credit Announce the Closing of a $48.5 Million Revolver/Term Loan to Daytona Apparel Group

Finance / News

Tiger Finance and Encina Business Credit Announce the Closing of a $48.5 Million Revolver/Term Loan to Daytona Apparel Group

Tiger Finance and Encina Business Credit Announce the Closing of a $48.5 Million Revolver/Term Loan to Daytona Apparel Group
Capital infusion will support accelerated growth of Daytona’s platform of owned, licensed and private label offerings, as well as its expansion into adjacent product categories and direct-to-consumer platforms.
NEW YORK, May 13, 2021 /PRNewswire/ — Tiger Finance and Encina Business Credit have closed on $48.5 million in growth financing to Daytona […]

By David Flood

Industrial / News

Tiger Group Online Auction on May 20 Features Machining Centers, Industrial Robots and Other High-Utility Assets

FLORENCE, Ky., May 6, 2021 /PRNewswire/ — Tiger Group will begin accepting bids on May 13 for the May 20 online auction of the remaining assets from Eagle Manufacturing’s engine block-machining facility in Florence, Kentucky. The 300,000-square-foot metro Cincinnati plant was shuttered by parent company Linamar Corp. on April 19, 2021.

A wide […]

By David Flood

News / Retail

Stiffed Vendors Get Tough With U.S. Retailers After Big Losses

Stiffed Vendors Get Tough With U.S. Retailers After Big Losses
(Bloomberg) — As U.S. retailers celebrate a boom lifting one of the pandemic’s hardest-hit sectors, scars left by a year of bankruptcies and delayed vendor payments could threaten to undermine their recovery — just as the crucial back-to-school shopping season begins.

After watching their receivables mount last year, vendors of apparel and other goods demanded change. In […]

By David Flood