Risk factors
Heritage Global (HGBL) risk factors
Item 1A of every Heritage Global Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors32 risks1 new1 reworded
Senior lenders may subordinate our liens on borrower collateral, risking non-repayment. Specialty Lending remains dangerously concentrated in a single defaulting borrower owing 21.5 million dollars.
Filed Mar 12, 2026 - FY2024 10-K risk factors31 risks
Specialty Lending segment notes receivable concentration poses a major risk, with one borrower representing 74% of total gross notes.
Filed Mar 13, 2025