In Alternative Views, Private Equity Wire® goes behind closed doors with those in the know to get the latest on private markets. In this episode we discuss asset-based lending with Andre Hakkak, CEO of White Oak Global Advisors, a firm which specialises in financing solutions for SMEs.
Hakkak discusses the drivers of demand for asset-based lending (0:53); the resilience of asset-based and asset-backed approaches to software disruption (4:42); White Oak’s relationship with banks as lenders (7:35); the operational demands which strict covenants impose (10:16); and how the firm identifies high-risk loans (13:23).
