NWC, CCC, and WCC: Why ABL Facility Sizing Fails When Working Capital Variables Are Measured Separately How the Operating Cycle Trinity connects net working capital, cash conversion timing, and working capital cycle shape to size the right facility SERIES CONTEXT This article is the capstone of the NWC-CCC-WCC Governance Trinity Series — a three-part series...
ABL-RBF Stack: Structuring Working Capital Beyond the Borrowing Base How ABL and Revenue-Based Financing Should Be Sequenced Across the Operating Cycle SERIES CONTEXT This article is the third and final article in the Forensic ABL Framework and ABL-RBF Stack Series — a three-part series presenting a complete capital structure framework for the businesses the regional...
ABL Advance Rates and the Cash Conversion Cycle: Why Facility Pricing Breaks When Timing Changes How Advance Rate Recalibration Against Current Cash Conversion Timing Corrects the Hidden Pricing Misalignment in Most ABL Facilities SERIES CONTEXT This article is the second in the Forensic ABL Framework and ABL-RBF Stack Series — a three-part series delivering the...
Capital Source®, through its Private Credit Division, is pleased to share its Industries Served List for April 2026. Chicago (May 8, 2026) Key Points: 23 transactions funded in April 2026 $4.36 million deployed across multiple industries 14 states and provinces represented Strong activity across manufacturing, transportation, construction, retail, and food service sectors In April, we...
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...
