FOCUS ON FINANCE: Money Trickling Into The Retail Market
Chain Store Age
February 2010

Jennifer Herber, managing director with Stephens Inc., noted that public finance sources are opening up to retailers. However, for smaller and mid-sized retailers that lack the assets or cash flow to attract lenders, it is still a dry market. Private equity firms are viable alternatives, as many are willing to make minority investments in retailers that are looking for capital to expand or restructure operations, pay down debt with burdensome covenants, enter new markets or finance a major acquisition without a change of control of the business.

The facts described in this summary have not been independently verified and the opinions expressed are the individual opinions of the author. This summary will not be updated if additional facts come to light or if the opinions of the author change in the future.