Reproduced with permission from The Secured Lender
Jonathan Cooper, a principal in the firm's commercial finance group, was published in The Secured Lender, in the Merger section. In this issue, Mr. Cooper addresses the question, "What Area of the World Will Be the Next Growth Area for ABL?" Below is an excerpt from the article.
An increasing number of U.S. companies have shifted significant portions of their operations to countries that have lower labor costs, such as China, India, Mexico and countries in Central and Eastern Europe. In an effort to service these companies, many U.S. ABL lenders are aggressively searching for ways to lend to companies located in these countries. This search will likely lead to the identification of the next growth area in the world for ABL.