M&A Source: Asset-Based Lenders Challenged by the Debt Schedule

Adam Duso, CEO, talks with Chris Lehnes, of Live Oak Bank, about how Second Wind is able to strip away excess debt from businesses and create an opportunity for a leveraged buy-out or asset-based lending.

Chris Lehnes, of Live Oak Bank, explains how he commonly comes across overleveraged businesses that stifle his deal flow.

Robert DiNozzi