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Exploring the Market and Economic Forces Impacting Inventory Finance

Date: Feb 16, 2022 @ 07:00 AM
Filed Under: Industry Insights

Lee Haskin, Chief Executive Officer, Crossroads Financial shares his insights into the current market trends impacting inventory financing in multiple industry sectors from the perspective of a lender focused exclusively on inventory finance. In this interview, Haskin discusses the impact of supply chain issues on inventory values, slow moving inventory, in transit inventory, inventory liquidation valuations and much more.

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Lee Haskin
Founder and Chief Executive Officer | Crossroads Financial
Lee founded Crossroads in 2006 to provide Inventory and Purchase Order financing to lower and middle market commercial customers. Prior to Crossroads, he was a Senior Managing Partner with Capital Access Group, arranging lines of credit averaging a total $200M per year. Prior to that, Haskin was an EVP and co-founder of Great Western Financial Services Inc., a factoring and ABL provider. Haskin has over 30 years’ experience in the commercial finance industry starting at Allstate Financial as head of sales and marketing. From his career in asset-based lending, Haskin brings a unique knowledge and understanding of inventory lending. Under his direction and guidance, Crossroads has successfully funded over $240 million in credit facilities with less than a 1% loss ratio. Haskin attended the University of Miami.
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