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News Stories (69 Results) - Commercial Finance Association

The Commercial Finance Association has rebranded as Secured Finance Network (SFNet) in time for its 75th anniversary, underscoring the industry’s crucial role in providing secured financing to businesses and driving economic growth worldwide, CEO... Read Story
July 24, 2019, 09:00 AM


The Commercial Finance Association released its annual Asset-Based Industry and Annual Factoring Industry reports with the aim of providing lenders year-end ‘snapshots’ of their respective industries that can be used to benchmark performance.Among... Read Story
May 22, 2019, 08:55 AM


MB Business Capital, a division of MB Financial Bank, N.A., announced that on November 8, Michael D.  Sharkey, President of MB Business Capital was awarded the prestigious Commercial Finance Association (CFA); Life Time Achievement Award. This award... Read Story
December 04, 2018, 07:57 AM


The Commercial Finance Association announced it will rebrand in 2019 as Secured Finance Network. The group made the annoucement during its 74th Annual Convention in San Diego. “In June, the Commercial Finance Association announced its intention to... Read Story
November 09, 2018, 08:05 AM


Steven Gold, president and CEO of Allied Financial Corporation has been named the Commercial Finance Association (CFA) 2018 Leadership Award Recipient, honoring his leadership in the Asset-based Lending and Factoring Industry. Steven will be... Read Story
September 20, 2018, 07:18 AM


Mackenzie Shea, who serves as Associate General Counsel at Gordon Brothers, will be among the award recipients at the Commercial Finance Association’s 40 Under 40 Awards gala on Thursday, September 20th. The 40 Under 40 Awards recognize outstanding... Read Story
September 18, 2018, 07:13 AM


The Commercial Finance Association Education Foundation released its second Secured Lending Confidence Index “SLCI”.  The index, initially launched in April 2018, reflects prevailing business conditions and is a broad-based leading indicator of... Read Story
August 10, 2018, 07:08 AM


U.S. businesses continue to demonstrate robust growth, as reflected by increased borrowing during the third quarter of the year, the Commercial Finance Association (CFA) announced.According to the CFA’s latest Quarterly Asset-Based Lending (ABL)... Read Story
February 13, 2018, 07:20 AM


Amerisource’s Managing Partner, Michael Monk, will serve as the Commercial Finance Association’s (CFA) 2018 President. Monk has been active in the CFA since 1996 and has served on its National Board of Directors since 1999. He is also a Houston... Read Story
November 09, 2017, 07:22 AM


Eight months after he was named interim CEO of the Commercial Finance Association, Richard D. Gumbrecht has officially assumed the leadership post of the organization, it's newsletter TSL Express reports.  Gumbrecht was most recently the Chief Growth... Read Story
September 22, 2017, 08:00 AM


Businesses in the United States are growing, as reflected by increased borrowing during the second quarter of the year, the Commercial Finance Association (CFA) announced. According to the CFA's latest Quarterly Asset-Based Lending (ABL) Index, new U... Read Story
August 11, 2017, 08:25 AM


The Commercial Finance Association, a nonprofit trade association representing the asset-based lending industry, located in New York City, is seeking to immediately engage the services of a full-time Executive Director as its chief administrative... Read Story
February 14, 2017, 07:00 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


The Commercial Finance Association announced that Bob Trojan has, effective immediately, discontinued his affiliation with CFA and Richard Gumbrecht has been appointed Interim CEO. Gumbrecht was most recently the Chief Growth Officer at EverBank... Read Story
January 25, 2017, 08:00 AM


The Commercial Finance Association announced that former Executive Director Bruce Jones has passed away.  "During Bruce’s 40 years of service to CFA, his contribution to our industry was immeasurable and he will be greatly missed," the CFA... Read Story
January 23, 2017, 08:00 AM


Crestmark President and COO Mick Goik announced the promotion of Ray Morandell to executive vice president, national sales director. “Crestmark has marked its 20th year of helping small- and medium-sized businesses access the funding they need to... Read Story
December 15, 2016, 07:44 AM


PNC Bank, N.A. announced the addition of Daniel Morihiro, senior vice president; Patrick Simpson, senior vice president, and Graham Holding, vice president, to the senior secured financing team. All will be responsible for business development and... Read Story
December 12, 2016, 08:21 AM


The following notice appeared The Times of Trenton: Theodore John Kompa Sr. died Saturday, Nov. 12, 2016. We mourn the loss of a successful, loving father, grandfather, brother, uncle, husband, life partner and friend who departed us surrounded by... Read Story
November 15, 2016, 07:45 AM


Loeb announced the addition of Andy King to the team as the Executive Vice President, Originations. He joins the organization focusing on expanding the company’s equipment-based lending portfolio, as well as, appraisal, auction, and off-lease... Read Story
November 03, 2016, 07:50 AM


Crestmark, celebrating its 20th anniversary, welcomes John D. Gullman, regional first vice president, business development officer, to its East Division. Gullman will represent Crestmark in the Florida market, which he has covered for more than 30... Read Story
November 01, 2016, 07:21 AM


As part of its continuing leadership transition plan, Otterbourg P.C. has named Daniel Fiorillo head of the firm’s restructuring practice group as of January 1, 2017. Jonathan Helfat, who successfully led the group for more than 25 years, will be... Read Story
October 27, 2016, 07:40 AM


MB Business Capital announced that John Littrell has joined its middle-market asset-based lending team as senior vice president, account executive in MB’s Rosemont, ILoffice. In this role, he will be managing a portfolio of relationships and working... Read Story
October 24, 2016, 08:11 AM


MidCap Financial, a leading specialty finance firm focused on the middle market, announced the hiring of James Garlick as Director - Originations for the Asset Based Lending Group of MidCap Financial Services LLC. Garlick, who will be based in... Read Story
October 24, 2016, 07:59 AM


Super G Funding, a leading national provider of residual and cash flow based loans to lower middle market businesses, announced the hiring of Steve Bellah. Based in Dallas, Bellah is joining Super G to help scale the growing Cash Flow Lending... Read Story
October 18, 2016, 07:43 AM


MB Financial, Inc. announces the formation of a new Canadian subsidiary, MB Business Capital Canada Inc. and the hiring of Dan Flaro, Senior Vice President & Country Executive to lead its efforts in expanding the bank's middle-market asset-based... Read Story
October 03, 2016, 08:12 AM


Crestmark Senior Vice President, National Sales Director Ray Morandell announced the promotion of Steve Hansen to first vice president, Western Division sales manager from regional first vice president, business development officer. Hansen, who... Read Story
September 20, 2016, 07:42 AM


Presidential Financial Corporation (PFC) announced that Paul Krantz has joined its team as a business development officer. In his new role, Krantz will be responsible for originating, structuring, and funding asset-based financing solutions with... Read Story
September 12, 2016, 07:56 AM


RedRidge Finance named Matthew J. Zeratsky as an Associate Director in the group's transaction advisory team, RedRidge Due Diligence Services. Zeratsky has over 15 years of experience in financial services in a variety of capacities, including: asset... Read Story
August 26, 2016, 07:40 AM


ExWorks Capital announced that Keith Kirkland has joined the company in its new offices in Atlanta. Kirkland is a 25-year veteran of the financial services industry with expertise in sales, sales  management, client relationships, marketing, and... Read Story
August 19, 2016, 07:45 AM


Presidential Financial Corporation (PFC) announced Jason Hanes has joined its team as a business development officer.  In his new role, Hanes will be responsible for originating, structuring, and funding asset-based financing solutions with... Read Story
August 16, 2016, 07:37 AM


Great Rock Capital Partners announced the hiring of Lori Potter as Managing Director of Originations to source and evaluate investment opportunities, and Christina Zielinski as Vice President of Portfolio and Underwriting."Lori Potter is a first... Read Story
June 29, 2016, 07:51 AM


Hilco Industrial, a unit of Hilco Global, announced that Bryan Courcier will join the company as a Senior Vice President and key account manager. Courcier will be based in Denver, Colorado with specific responsibility for business development... Read Story
June 10, 2016, 07:39 AM


TD Bank has named Joe L. Griffeth, Jr. as Managing Director, Originations in Asset Based Lending. Based in Charlotte, N.C., he is responsible for providing TD Bank's asset-based financing solutions, including revolving credit facilities and term... Read Story
June 02, 2016, 08:03 AM


Veritas Financial Partners announced the opening of its first Midwest-based office in Chicago, IL, along with the appointment of Evan Nadler as Vice President. In this new role, Nadler will be leading the company’s Midwest business development... Read Story
April 19, 2016, 08:03 AM


Blue Hills Bank has hired bankers A. Keith Broyles and Yvonne Kizner to lead its new Asset-Based Lending initiative. Formerly senior vice president and first vice president, respectively, at First Niagara Commercial Finance, Broyles and Kizner join... Read Story
March 24, 2016, 07:59 AM


Republic Business Credit announced it has hired Robert Meyers as its first Chief Commercial Officer. Meyers joins Republic Business Credit to lead expansion into the Midwest, West Coast, Southwest and beyond, and provide working capital solutions... Read Story
March 24, 2016, 07:54 AM


Veritas Financial Partners annouced the appointment of Rodney Greth as Senior Vice President.  Greth will focus on structuring, underwriting and closing new financing transactions in the Northeast and nationally. He brings nearly 30 years of... Read Story
February 18, 2016, 07:31 AM


Loeb announced the addition of Tim Serritella to the team as Vice President of Business Development. Serritella joins the rest of the Loeb team in focusing on expanding the company's equipment-based lending portfolio, appraisal services, and... Read Story
January 29, 2016, 07:28 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


Crestmark Bank announced that Robert Harbers has been named national sales manager for its Trade Services Division. He had been business development officer for the company’s East Division since joining the company in 2004. In his new role, he... Read Story
December 21, 2015, 07:59 AM


Bank of America Business Capital announced it has named Bruce Weidner and Austin Steel as senior vice presidents and senior business development officers to help deliver commercial banking and asset-based lending solutions to our clients, prospects... Read Story
November 05, 2015, 08:00 AM


Trade Finance Solutions Inc., a leading provider of domestic and international financing solutions, announced today that Maria Chiang has joined the firm as senior vice president, business development. In this position, Chaing will be responsible for... Read Story
October 28, 2015, 07:51 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


RapidAdvance announced that Donna Hinrichs has joined the firm's factoring and asset-based lending group as a strategic partnerships manager. In that role, she joins a growing team dedicated to helping factor and ABL partners provide additional... Read Story
October 22, 2015, 07:33 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


Amerisource announced the addition of George Horvat as business development officer in the Midwest.  Based in Cleveland, Ohio, Horvat will be focused on expanding Amerisource’s market presence, managing the Company’s extensive referral network and... Read Story
September 11, 2015, 07:49 AM


Financial Executives International (FEI), the association of choice for chief financial officers and other senior-level finance executives, announced the appointment of Andrej Suskavcevic as president and chief executive officer of FEI and Financial... Read Story
August 27, 2015, 07:19 AM


Rockland Trust recently appointed Boston resident Joseph Herzog as Vice President of Asset Based Lending (ABL). Based in the Bank’s Boston office, Herzog is responsible for originating asset-based lines of credit and term loans up to $25 million. He... Read Story
July 07, 2015, 07:21 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


Paragon Financial Group announces the hiring of Tom O'Neill. O'Neill comes to Paragon with in-depth experience providing small to medium-sized businesses working capital through accounts receivable factoring and purchase order financing.Chris Curtin... Read Story
January 23, 2015, 07:42 AM


Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors, announced Michael D. Sullivan has been promoted to Managing Director, Business Development... Read Story
January 22, 2015, 07:29 AM


Rockland Trust announced its appointment of Daniel J. Landers as Senior Vice President and Executive in Charge of Asset Based Lending (ABL). In this role, he will be responsible for managing the bank’s growing asset-based lending business which... Read Story
November 19, 2014, 07:48 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


First Capital announced the hiring of Ramsey Naber, Senior Vice President, in the Factoring Western Region.  Naber will perform the role of Portfolio and Business Development Manager throughout the Western Region and will be based out of the Los... Read Story
August 19, 2014, 07:24 AM


Great American Group, Inc., announced the appointment of Daniel Williams as Managing Director of its Advisory and Valuation Services division. Williams has 20 years of experience in asset-based lending which he will use to benefit the Company's... Read Story
June 25, 2014, 07:17 AM


AloStar Business Credit announced that David Phillips has been promoted to Managing Director, Head of Originations. Phillips has been with AloStar since May 2011 and was an integral part of establishing the company which three years since inception... Read Story
June 17, 2014, 07:58 AM


KeyBank Business Capital is expanding its strong asset-based lending program with the addition of Michael Wingard, a seasoned ABL banker with experience throughout the West.“We’re thrilled to welcome Michael to our steadily growing team,” said Laurie... Read Story
June 09, 2014, 07:54 AM


Triumph Bancorp, Inc. ("Triumph"), a financial holding company with interests in community banking, commercial finance and investment management, announced a series of management assignments.Dan Karas has been named Chief Lending Officer of Triumph's... Read Story
May 28, 2014, 07:27 AM


People's United Bank announced a team of four seasoned professionals has joined its Commercial Banking group in the eastern Massachusetts market. Led by John Doucette, Senior Vice President, Region Manager -- most recently, Market Manager, New... Read Story
March 25, 2014, 07:51 AM


Hitachi Business Finance announced that Christopher Mitchell has joined their team as Regional Vice President, Business Development. Mitchell will concentrate his efforts on attracting new clients in the Southeast region, including Georgia, North and... Read Story
March 21, 2014, 07:27 AM


Jeffery B. Hecktman, Chairman and CEO of Hilco Global made the following announcement on Feb 5, 2014:"Effective on May 1, 2014, Jack Butler, one of the most well-known and highly regarded dealmakers and thought leaders in the restructuring, corporate... Read Story
February 07, 2014, 07:08 AM


TAB Bank announced the addition of Curt Queyrouze to their executive management team as Chief Credit Officer.  Queyrouze will be based out of TAB Bank’s corporate headquarters in Ogden, UT and will oversee all personnel, operations, and functions as... Read Story
January 24, 2014, 07:16 AM


Hitachi Business Finance announced that MJ Hilker has joined the firm as Regional Senior Vice President, Business Development. According to Hitachi Business Finance Division President & COO Mike Semanco, Hilker will focus on building the company’s... Read Story
January 15, 2014, 07:49 AM


Monroe Capital announced Bradley Nii has joined the firm as managing director in its Los Angeles office. He will serve as the firm’s Group Head for the Southern California region. Warren Woo, also located in Los Angeles, will continue in his current... Read Story
November 12, 2013, 08:01 AM


Keltic Financial Services announced the appointment of J. Michael Saul to its sales team as vce president and Northeast regional manager.  Saul will be focused on new business generation primarily in Massachusetts, Rhode Island, Connecticut, Maine... Read Story
September 05, 2013, 07:26 AM


Sun National Bank has named Imran Riaz Chief Credit Officer and Senior Vice President. Riaz will lead Sun's credit team and oversee the asset quality of the company's loan portfolio, which includes underwriting, credit, special assets, loan... Read Story
August 27, 2013, 07:40 AM


Cole Taylor Business Capital (CTBC), a division of Cole Taylor Bank, announced the opening of a new regional sales office in Walnut Creek, California and the addition of a business development officer in Chicago. The Walnut Creek office will serve... Read Story
August 07, 2013, 09:06 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