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News Stories (20 Results) - Richard Gumbrecht

The asset-based lending market held steady in the third quarter amid positive developments in the U.S. economy such as easing inflation, strong consumer spending and a solid job market, according to data released by the Secured Finance Network... Read Story
January 05, 2024, 07:35 AM


Confidence in the asset-based lending market in the second quarter was driven by hopes of a soft landing for the U.S. economy, according to data released by the Secured Finance Network. But lingering headwinds and recession risks still must be taken... Read Story
September 28, 2023, 07:50 AM


Combined (bank and non-bank) business lenders’ confidence stayed slightly positive during the first quarter of 2023, at 50.3 points, yet that was a 5.8-point decline from the last quarter of 2022, according to the Asset-Based Lending Index released... Read Story
June 27, 2023, 07:45 AM


The reach of secured financing: cash and liquidity for over 1 million U.S. businesses; funds for about one-third of the roughly 4.6 million U.S. firms with at least two employees The Secured Finance Network’s (SFNet) new Secured Finance Market Sizing... Read Story
June 06, 2023, 07:45 AM


There was solid growth in commitments and outstandings in the asset-based lending market last year and portfolio performance was strong, according to data released by the Secured Finance Network. The factoring industry proved similarly resilient in a... Read Story
April 26, 2023, 07:40 AM


Steady confidence in the asset-based lending market marked the fourth quarter, according to data released by the Secured Finance Network. Lenders maintained a positive outlook despite persistent inflation and rising interest rates. SFNet surveyed... Read Story
April 14, 2023, 07:36 AM


In a poll conducted by The Secured Finance Network (SFNet), since new CA disclosure rules were implemented in December 2022, 40% of respondents were found to be “no longer lending” to prospective borrowers who fall within the regulations’ threshold... Read Story
March 22, 2023, 07:58 AM


There was confidence in the asset-based lending market in the second quarter despite the economic pain of surging inflation and rising interest rates, according to data released by the Secured Finance Network. SFNet surveyed bank and non-bank... Read Story
September 21, 2022, 07:45 AM


Confidence in the asset-based lending market was positive in the first quarter but banks and other lenders are watchful of an economy that shows a mix of highs and lows, according to data released by the Secured Finance Network.SFNet surveyed bank... Read Story
July 08, 2022, 07:47 AM


Confidence in the asset-based lending market held steady in the third quarter as banks and other lenders kept a close eye on the bigger economic picture, according to data released by the Secured Finance Network (SFNet). SFNet surveyed bank and... Read Story
December 09, 2021, 07:22 AM


The Secured Finance Network (SFNet) announced its new Executive and Management Committees for fiscal year 2022. These leaders guide the association, make policy decisions, confirm new members and provide thought leadership in advocacy and education... Read Story
October 06, 2021, 08:00 AM


Asset-based lending grew modestly in the second quarter for banks and more significantly for other lenders, according to data released by the Secured Finance Network (SFNet). The association surveyed 36 bank and non-bank asset-based lenders (ABLs) on... Read Story
September 03, 2021, 07:37 AM


Asset-based lending did not experience the dramatic first quarter bump evident in the broader economy, but grow it did, and so did lenders’ confidence in the market, according to data released by the Secured Finance Network (SFNet).  The association... Read Story
June 30, 2021, 08:21 AM


This year’s Asset-Based Capital Conference, March 9-11, is designed to attract newcomers to capital markets as well as seasoned professionals, with a first-ever “boot camp” kicking off the event and special company pricing to encourage unlimited... Read Story
February 25, 2021, 07:10 AM


The Q3 2020 Asset-Based Lending Index reflects improving confidence for lenders, fears of a double dip downturn subsiding for now, and exhibits the continuing impact of PPP funds distributed in April.  The Q3 rebound of the U.S. economy lead to a GDP... Read Story
December 11, 2020, 08:10 AM


Secured Finance Network’s (SFNet’s) 76th Annual Convention, "This Way Forward," Nov. 17-19 will cover financial, economic and political disruptions that banks and finance companies must navigate in the midst of a pandemic and aftermath of a... Read Story
November 12, 2020, 08:15 AM


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


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


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