Author: capsource (Jeffrey Heyn)

Two finance executives walking through a modern corporate corridor discussing operating-cycle ABL facility design and working capital structuring
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ABL Facility Design

ABL Facility Design: Why Borrowing Base Formulas Fail Operating-Cycle Reality How to Size an ABL Facility Using the NWC-CCC-WCC Governance Trinity SERIES CONTEXT This article is the first in the Forensic ABL Framework and ABL-RBF Stack Series — a three-part series delivering a complete capital structure framework for the businesses the regional bank market is...

Two senior finance executives walking through a modern corporate corridor discussing working capital cycle analysis and ABL facility sizing strategy
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Working Capital Cycle ABL Peak Demand

Working Capital Cycle Analysis: Why Most ABL Facilities Fail at Peak Demand The WCC Shape Analysis Framework for Facility Sizing, Peak Working Capital Demand, and Operating Cycle Survivability SERIES CONTEXT This article is the third and final operational-variable article in the NWC-CCC-WCC Governance Trinity Series — a three-part series developing the operating cycle variables that...

Finance professionals reviewing cash conversion cycle data, receivables aging, and ABL advance rate impact on borrowing base
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Cash Conversion Cycle ABL Advance Rates Borrowing Base

Cash Conversion Cycle and ABL Advance Rates: Why Your Borrowing Base May Be Outdated The CCC Forensic Assessment — How to Measure the Cash Conversion Cycle Against Current Operating Reality Rather Than Origination Assumptions SERIES CONTEXT This article is the second in the NWC-CCC-WCC Governance Trinity Series — a three-part series developing the operating cycle...

Finance professionals analyzing net working capital velocity and stress test data on a digital dashboard
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Net Working Capital NWC Velocity Stress Test

What Is Net Working Capital Really? NWC Velocity and the NWC Floor Stress Test Explained Why Net Working Capital Is a Dynamic Operating Variable, Not a Static Balance Sheet Figure SERIES CONTEXT This article is the first in the NWC-CCC-WCC Governance Trinity Series — a three-part series developing the operating cycle variables that determine ABL...