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News Stories (15 Results) - Commercial Finance Association

In a memorandum released by TSL Express to the Commercial Finance Association Community, interim CEO Richard Gumbrecht shared his near-term agenda for the CFA, provided an update on the CFA's progress, and commented on "unwanted communication... Read Story

April 07, 2017, 08:00 AM

On January 25, 2017, the Commercial Finance Association announced the appointment of Richard Gumbrecht as Interim CEO the association.To follow are excerpts from an email issued to CFA members on January 26th by Gumbrecht in which he laid out his... Read Story

January 27, 2017, 08:00 AM

Total committed credit lines increased slightly in the 3rd quarter of 2015 while credit line utilization dropped, according to the Commercial Finance Association (CFA), which released its latest Quarterly Asset-Based Lending (ABL) Index. This data... Read Story

January 11, 2016, 07:26 AM

Alex Sutton will be honored by the Commercial Finance Association (CFA) with the 2015 Harry H. Chen Memorial Instructor of the Year Award at its National Convention in November.  Sutton leads Gordon Brothers-AccuVal’s Industrial Inventory Valuation... Read Story

October 27, 2015, 07:36 AM

The Commercial Finance Association (CFA) has announced its new Executive and Management Committees for its Fiscal Year 2016, that began October 1. The Committees, comprised of key leaders in the commercial finance industry, will guide the Association... Read Story

October 05, 2015, 07:54 AM

U.S. businesses showed signs they were looking to grow in the first quarter of the year as the Commercial Finance Association (CFA) released its Quarterly Asset-Based Lending (ABL) Index Q1 2015, showing American businesses utilized 42.2% of their... Read Story

June 17, 2015, 07:33 AM

The Commercial Finance Association (CFA) has announced its new Executive and Management Committees for its Fiscal Year 2015. The Committees, comprised of key leaders in the commercial finance industry, will guide the Association, make policy... Read Story

October 03, 2014, 07:04 AM

Hopeful signs for the economy emerged as the Commercial Finance Association (CFA) released its Quarterly Asset-Based Lending (ABL) Index Q2 2014, showing that U.S. businesses utilized 43.1% of their credit lines during the 2nd quarter, a significant... Read Story

August 25, 2014, 07:04 AM

The Commercial Finance Association (CFA) announced the appointment of Michael Maiorino as President of the Association. Maiorino was selected by the CFA Board of Directors to succeed NewStar's Michael Haddad, who became CFA Chairman."Mike's... Read Story

October 08, 2013, 07:29 AM

The Commercial Finance Association (CFA), the trade group representing the asset-based lending and factoring industries, released the following statement from CEO Robert Trojan regarding proposed capital requirements for the United States’ largest... Read Story

July 12, 2013, 07:46 AM

A new report released by the Commercial Finance Association (CFA) shows asset-based lenders increased their total credit commitments to U.S.business by 2.0% during the fourth quarter of 2012 and by 6.7% over the past year. Asset-based lenders also... Read Story

March 12, 2013, 07:54 AM

The Commercial Finance Association on February 6, 2013 submitted an amicus (friend of the court) brief to the United States Court of Appeals for the Ninth Circuit in the case styled In re Loop 76,LLC, Case No. 12-60021. The case involves the right... Read Story

February 20, 2013, 07:13 AM

The Commercial Finance Association (CFA) and the International Factors Group (IFG) announced a strategic alliance to help increase awareness and understanding of the role of factoring and asset-based lending as an efficient way to provide capital to... Read Story

February 05, 2013, 07:59 AM

The Commercial Finance Association established a formal certification process for asset-based lending and factoring professionals. This new program, developed in conjunction with CFA's Education Committee with input from CFA members and other... Read Story

December 12, 2012, 07:16 AM

The Commercial Finance Association is pleased to announce its officers and Executive Committee for 2012-2013. Cole Taylor Bsuiness Capital's Bruce A. Sprenger is serving as Chairman of the Board. Michael D. Haddad from NewStar Business Credit is... Read Story

November 09, 2012, 08:44 AM