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...
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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...
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The Commercial Finance Association Education Foundation, soon to become the Secured Finance Foundation, announced the findings of a comprehensive study of the scope and impact of the secured commercial finance market in the U.S. The 2019 Secured...
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The Commercial Finance Association Education Foundation released its fourth Secured Lending Confidence Index “SLCI”. The Index, initially launched in April 2018, reflects prevailing business conditions and is a broad-based leading indicator of...
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December 19, 2018, 08:00 AM
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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...
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December 04, 2018, 07:57 AM
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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...
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November 09, 2018, 08:05 AM
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On September 20, hundreds gathered at The Pierre New York to celebrate the recipients of the Commercial Finance Association's CFA 40 Under 40 Awards. The Awards honor the achievements of rising stars in the commercial finance industry. Steven Gold...
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September 25, 2018, 07:00 AM
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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...
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September 20, 2018, 07:18 AM
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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...
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September 18, 2018, 07:13 AM
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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...
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August 10, 2018, 07:08 AM
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The Commercial Finance Association announced that its Executive Committee has unanimously decided to invest in rebranding the association over the next 18 months.
In a press release posted on the association publication The Secured Lender the group...
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U.S. businesses continued to grow in 2017, as reflected by increased borrowing during the year, the Commercial Finance Association (CFA) announced. According to the CFA’s 2017 Annual Asset-Based Lending and Factoring Survey, asset-based lending...
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U.S. businesses continue to grow, as reflected by increased borrowing during the fourth quarter of the year, the Commercial Finance Association (CFA) announced.
According to the CFA’s latest Quarterly Asset-Based Lending (ABL) Index, total committed...
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The Commercial Finance Association Education Foundation released its inaugural Secured Lending Confidence Index “SLCI”. The index reflects prevailing business conditions and is a broad-based leading indicator of vitality in the U.S. middle market. ...
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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)...
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February 13, 2018, 07:20 AM
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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, total...
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October 23, 2017, 08:00 AM
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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...
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September 22, 2017, 08:00 AM
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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...
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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...
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January 27, 2017, 08:00 AM
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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...
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January 11, 2016, 07:26 AM
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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...
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October 27, 2015, 07:36 AM
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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...
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October 05, 2015, 07:54 AM
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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...
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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...
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October 03, 2014, 07:04 AM
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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...
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August 25, 2014, 07:04 AM
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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...
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October 08, 2013, 07:29 AM
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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...
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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...
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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...
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February 20, 2013, 07:13 AM
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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...
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February 05, 2013, 07:59 AM
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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...
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December 12, 2012, 07:16 AM
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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...
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November 09, 2012, 08:44 AM
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