- Quasar Capital Welcomes Rob Hydeman as President of Business Credit
- PKF O’Connor Davies Expands Advisory Service Offerings with PKF Clear Thinking Integration
- Encina Private Credit Growth Continues, Hires Matt Giamalis as Senior Vice President of Originations
- Legacy Corporate Lending Appoints Dillon Lounsbury as Senior Vice President of Originations
- Moritt Hock & Hamroff Continues Its Florida Growth By Adding Two New Attorneys
-
Solifi Appoints Corazzi Chief Executive Officer as Hamilton Steps up Into Chairman Role
Jan 7, 2025
Solifi, a global fintech software partner for secured finance, today announced the appointment of Dan Corazzi as its new Chief Executive Officer, effective on 13th January 2025. Solifi’s current CEO David Hamilton will transition into the role of Chairman.
-
In Memoriam: William R. (Bill) Davis
Jan 6, 2025SFNet is saddened to inform our readers that William R. Davis has passed away. Bill was a long-time member of SFNet and was inducted into SFNet’s Hall of Fame in 2019. His career in asset-based lending spanned 39 years with experience in all aspects of credit, underwriting, business development, workouts, and senior leadership. -
Parker Hudson Welcomes Grace Blood, John David Gifford, and Madison Morrow to the Partnership
Jan 2, 2025Parker, Hudson, Rainer & Dobbs LLP is pleased to announce that healthcare attorney Grace Blood, corporate attorney John David (J.D.) Gifford, and commercial finance attorney Madison Morrow have been admitted to the partnership as of January 1, 2025.
-
Deal Activity Slows for Asset-Based Lending, but Portfolio Performance Stays Strong
Dec 23, 2024
Secured Finance Network posts Q3 survey results from bank and non-bank lenders
Data from the Secured Finance Network revealed generally mixed results in the asset-based lending market for the third quarter, with deal activity receding in response to fewer new client commitments, and the portfolio performance index improving for both non-banks and banks against already historically strong levels. -
Exploring the Future of Supply Chain Finance: Insights from SFNet's Inaugural Conference
Dec 23, 2024
Tariffs, digitization, trade policy among top themes
Held on December 3, 2024 at Greenberg Traurig, LLP in New York, NY, this inaugural conference aimed to help asset-based lenders stay informed about industry developments, improve their lending practices, and identify opportunities for growth. -
Navigating 2025: SFNet’s Asset-Based Capital Conference Returns to Las Vegas with Premier Insights and Networking
Dec 19, 2024SFNet’s Asset-Based Capital Conference returns to the Encore at the Wynn in Las Vegas February 11-12, 2025. Attendees will hear up-to-date market insights from industry leaders, thought-provoking discussions around the economy and industry dynamics, and networking opportunities with key decision makers.
-
Siena Lending Group Announces Leadership Transition Plan
Dec 17, 2024Siena Lending Group LLC ("Siena" or the "Company") announced today that after highly distinguished careers within the commercial finance industry, Chief Executive Officer (CEO) Dave Grende and Chief Risk Officer (CRO) Steven Sanicola will retire effective February 16, 2025. Both Grende and Sanicola will remain active in Siena’s business, taking on the role of Senior Advisors.
-
Celebrating the Achievements of SFNet Chapters
Dec 17, 2024The Secured Finance Network’s 20 Chapters are comprised of professionals with great insight and experience. From golf outings to educational events, several Chapters shared their highlights from the past year.
-
Checking in With Steven Meirink, CEO, Wolters Kluwer Financial & Corporate Compliance
Dec 12, 2024Steven Meirink is the CEO of Wolters Kluwer Financial & Corporate Compliance (FCC), which provides lending, regulatory and investment compliance solutions to financial institutions and legal entity compliance solutions to corporations, small businesses, and law firms. -
2025 Policy Outlook: Navigating Economic and Regulatory Shifts Under New Leadership
Dec 6, 2024Washington enters 2025 with a policy landscape set for significant realignment as the Trump administration returns to office. Slim Congressional margins and pressing deadlines will complicate efforts to advance legislation. Meanwhile, key appointments at financial regulatory agencies, including Treasury, the OCC, the CFPB and the SEC, and other agencies across the administration will guide the implementation of financial services policy and other domestic priorities. -
Yellowstone Settles With New York AG For $1 Billion
Dec 4, 2024On December 2, 2024, New York Attorney General (AG) Letitia James asked a state court to approve a settlement between the AG, Yellowstone Capital LLC (Yellowstone) and twenty-four related entities regarding a petition filed by the AG in March 2024.
-
Lender Liability Management: DIP Financings and the Non-Ratable Roll-Up
Dec 4, 2024This Alert is not another Serta gripe. Rather, this Alert is about the exception to the developing Serta credit agreement language that excludes debtor-in-possession financing as one type of senior financing that does not require an opportunity to participate pro rata.
-
Legacy Corporate Lending Strengthens Portfolio and Underwriting Team with Appointment of T.C. Wilde as Executive Vice President
Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced the appointment of T.C. Wilde as Executive Vice President of Portfolio and Underwriting and Head of Portfolio.
-
Part 2 -Taking Security in Cross-Border Lending: (How Do You Know) the Steps to Take or Whose Law Is It Anyway?
Dec 2, 2024David Morse of Otterbourg P.C. explores the key relevant rights of the Secured Lender and “Third-Party Effectiveness”, what happens if the obligor on the receivable is located outside
of the United States?, Rome I Regulation and more. Part 1 of this article appeared in the September/October issue of The Secured Lender. -
Amerisource Business Capital Expands Team with New Regional Market Manager Appointment
Nov 26, 2024Amerisource Business Capital, a leading provider of asset-based lending and other capital products, is pleased to announce the appointment of Grant Flamang as Regional Market Manager in the Midwest.
-
KeyBank Expands Commercial Banking Teams in Chicago and Southern California to Serve the Middle Market
Nov 19, 2024KeyBank (NYSE: KEY) announced an expansion of its commercial banking business in Chicago and Southern California to serve more middle market clients with their differentiated platform – which includes a full range of commercial lending and capital markets capabilities as well as payments solutions designed specifically for the segment.
-
Provident Expands Commercial Lending Team as Part of Regional Growth Strategy for Eastern Pennsylvania
Nov 19, 2024Provident Bank, a leading community-focused financial institution, is pleased to announce the addition of six experienced lenders in the commercial banking space: Matthew Moresco, Matthew Skilton, Gerald Bresser, Michael Valenzano, Patrick Beaner, and Daniel Decker. These strategic hires come as part of the company’s efforts to strengthen its presence and commitment to businesses throughout eastern Pennsylvania.
-
Appraisers See a Mixed Picture for Valuations
Nov 18, 2024Secured lenders increasingly rely on appraisers for swift and accurate valuations amid rising complexities in asset-based lending. With business bankruptcies up 40% and ongoing supply chain challenges, appraisers must adapt quickly to maintain their vital role in the underwriting process, ensuring lenders receive the critical insights needed to navigate this evolving landscape.
-
SLR Business Credit Adds Mark J. Simshauser as Senior Vice President Supporting Growth in Northeast US
Nov 14, 2024SLR Business Credit is pleased to announce the addition of Mark J. Simshauser as Senior Vice President. In this role, Mark will have the responsibility of supporting and financing SME’s through the Northeast United States.
-
Bob Seidenberger Joins Franklin Capital as VP of Sales
Nov 13, 2024Franklin Capital is pleased to announce that Bob Seidenberger has joined Franklin Capital as Vice President of Sales. Bob will focus on advancing Franklin Capital’s growth strategy and growing its sales team.
-
Solifi Appoints Corazzi Chief Executive Officer as Hamilton Steps up Into Chairman Role
Jan 7, 2025
Solifi, a global fintech software partner for secured finance, today announced the appointment of Dan Corazzi as its new Chief Executive Officer, effective on 13th January 2025. Solifi’s current CEO David Hamilton will transition into the role of Chairman.
-
In Memoriam: William R. (Bill) Davis
Jan 6, 2025SFNet is saddened to inform our readers that William R. Davis has passed away. Bill was a long-time member of SFNet and was inducted into SFNet’s Hall of Fame in 2019. His career in asset-based lending spanned 39 years with experience in all aspects of credit, underwriting, business development, workouts, and senior leadership.
-
Parker Hudson Welcomes Grace Blood, John David Gifford, and Madison Morrow to the Partnership
Jan 2, 2025Parker, Hudson, Rainer & Dobbs LLP is pleased to announce that healthcare attorney Grace Blood, corporate attorney John David (J.D.) Gifford, and commercial finance attorney Madison Morrow have been admitted to the partnership as of January 1, 2025.
-
Deal Activity Slows for Asset-Based Lending, but Portfolio Performance Stays Strong
Dec 23, 2024
Secured Finance Network posts Q3 survey results from bank and non-bank lenders
Data from the Secured Finance Network revealed generally mixed results in the asset-based lending market for the third quarter, with deal activity receding in response to fewer new client commitments, and the portfolio performance index improving for both non-banks and banks against already historically strong levels. -
Exploring the Future of Supply Chain Finance: Insights from SFNet's Inaugural Conference
Dec 23, 2024
Tariffs, digitization, trade policy among top themes
Held on December 3, 2024 at Greenberg Traurig, LLP in New York, NY, this inaugural conference aimed to help asset-based lenders stay informed about industry developments, improve their lending practices, and identify opportunities for growth. -
Navigating 2025: SFNet’s Asset-Based Capital Conference Returns to Las Vegas with Premier Insights and Networking
Dec 19, 2024SFNet’s Asset-Based Capital Conference returns to the Encore at the Wynn in Las Vegas February 11-12, 2025. Attendees will hear up-to-date market insights from industry leaders, thought-provoking discussions around the economy and industry dynamics, and networking opportunities with key decision makers.
-
Siena Lending Group Announces Leadership Transition Plan
Dec 17, 2024Siena Lending Group LLC ("Siena" or the "Company") announced today that after highly distinguished careers within the commercial finance industry, Chief Executive Officer (CEO) Dave Grende and Chief Risk Officer (CRO) Steven Sanicola will retire effective February 16, 2025. Both Grende and Sanicola will remain active in Siena’s business, taking on the role of Senior Advisors.
-
Celebrating the Achievements of SFNet Chapters
Dec 17, 2024The Secured Finance Network’s 20 Chapters are comprised of professionals with great insight and experience. From golf outings to educational events, several Chapters shared their highlights from the past year.
-
Checking in With Steven Meirink, CEO, Wolters Kluwer Financial & Corporate Compliance
Dec 12, 2024Steven Meirink is the CEO of Wolters Kluwer Financial & Corporate Compliance (FCC), which provides lending, regulatory and investment compliance solutions to financial institutions and legal entity compliance solutions to corporations, small businesses, and law firms.
-
2025 Policy Outlook: Navigating Economic and Regulatory Shifts Under New Leadership
Dec 6, 2024Washington enters 2025 with a policy landscape set for significant realignment as the Trump administration returns to office. Slim Congressional margins and pressing deadlines will complicate efforts to advance legislation. Meanwhile, key appointments at financial regulatory agencies, including Treasury, the OCC, the CFPB and the SEC, and other agencies across the administration will guide the implementation of financial services policy and other domestic priorities.
-
Yellowstone Settles With New York AG For $1 Billion
Dec 4, 2024On December 2, 2024, New York Attorney General (AG) Letitia James asked a state court to approve a settlement between the AG, Yellowstone Capital LLC (Yellowstone) and twenty-four related entities regarding a petition filed by the AG in March 2024.
-
Lender Liability Management: DIP Financings and the Non-Ratable Roll-Up
Dec 4, 2024
This Alert is not another Serta gripe. Rather, this Alert is about the exception to the developing Serta credit agreement language that excludes debtor-in-possession financing as one type of senior financing that does not require an opportunity to participate pro rata.
-
Legacy Corporate Lending Strengthens Portfolio and Underwriting Team with Appointment of T.C. Wilde as Executive Vice President
Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced the appointment of T.C. Wilde as Executive Vice President of Portfolio and Underwriting and Head of Portfolio.
-
Part 2 -Taking Security in Cross-Border Lending: (How Do You Know) the Steps to Take or Whose Law Is It Anyway?
Dec 2, 2024David Morse of Otterbourg P.C. explores the key relevant rights of the Secured Lender and “Third-Party Effectiveness”, what happens if the obligor on the receivable is located outside
of the United States?, Rome I Regulation and more. Part 1 of this article appeared in the September/October issue of The Secured Lender. -
Amerisource Business Capital Expands Team with New Regional Market Manager Appointment
Nov 26, 2024Amerisource Business Capital, a leading provider of asset-based lending and other capital products, is pleased to announce the appointment of Grant Flamang as Regional Market Manager in the Midwest.
-
KeyBank Expands Commercial Banking Teams in Chicago and Southern California to Serve the Middle Market
Nov 19, 2024KeyBank (NYSE: KEY) announced an expansion of its commercial banking business in Chicago and Southern California to serve more middle market clients with their differentiated platform – which includes a full range of commercial lending and capital markets capabilities as well as payments solutions designed specifically for the segment.
-
Provident Expands Commercial Lending Team as Part of Regional Growth Strategy for Eastern Pennsylvania
Nov 19, 2024Provident Bank, a leading community-focused financial institution, is pleased to announce the addition of six experienced lenders in the commercial banking space: Matthew Moresco, Matthew Skilton, Gerald Bresser, Michael Valenzano, Patrick Beaner, and Daniel Decker. These strategic hires come as part of the company’s efforts to strengthen its presence and commitment to businesses throughout eastern Pennsylvania.
-
Appraisers See a Mixed Picture for Valuations
Nov 18, 2024Secured lenders increasingly rely on appraisers for swift and accurate valuations amid rising complexities in asset-based lending. With business bankruptcies up 40% and ongoing supply chain challenges, appraisers must adapt quickly to maintain their vital role in the underwriting process, ensuring lenders receive the critical insights needed to navigate this evolving landscape.
-
SLR Business Credit Adds Mark J. Simshauser as Senior Vice President Supporting Growth in Northeast US
Nov 14, 2024SLR Business Credit is pleased to announce the addition of Mark J. Simshauser as Senior Vice President. In this role, Mark will have the responsibility of supporting and financing SME’s through the Northeast United States.
-
Bob Seidenberger Joins Franklin Capital as VP of Sales
Nov 13, 2024Franklin Capital is pleased to announce that Bob Seidenberger has joined Franklin Capital as Vice President of Sales. Bob will focus on advancing Franklin Capital’s growth strategy and growing its sales team.
-
Solifi Appoints Corazzi Chief Executive Officer as Hamilton Steps up Into Chairman Role
Jan 7, 2025
Solifi, a global fintech software partner for secured finance, today announced the appointment of Dan Corazzi as its new Chief Executive Officer, effective on 13th January 2025. Solifi’s current CEO David Hamilton will transition into the role of Chairman.
-
In Memoriam: William R. (Bill) Davis
Jan 6, 2025SFNet is saddened to inform our readers that William R. Davis has passed away. Bill was a long-time member of SFNet and was inducted into SFNet’s Hall of Fame in 2019. His career in asset-based lending spanned 39 years with experience in all aspects of credit, underwriting, business development, workouts, and senior leadership.
-
Parker Hudson Welcomes Grace Blood, John David Gifford, and Madison Morrow to the Partnership
Jan 2, 2025Parker, Hudson, Rainer & Dobbs LLP is pleased to announce that healthcare attorney Grace Blood, corporate attorney John David (J.D.) Gifford, and commercial finance attorney Madison Morrow have been admitted to the partnership as of January 1, 2025.
-
Deal Activity Slows for Asset-Based Lending, but Portfolio Performance Stays Strong
Dec 23, 2024
Secured Finance Network posts Q3 survey results from bank and non-bank lenders
Data from the Secured Finance Network revealed generally mixed results in the asset-based lending market for the third quarter, with deal activity receding in response to fewer new client commitments, and the portfolio performance index improving for both non-banks and banks against already historically strong levels. -
Exploring the Future of Supply Chain Finance: Insights from SFNet's Inaugural Conference
Dec 23, 2024
Tariffs, digitization, trade policy among top themes
Held on December 3, 2024 at Greenberg Traurig, LLP in New York, NY, this inaugural conference aimed to help asset-based lenders stay informed about industry developments, improve their lending practices, and identify opportunities for growth. -
Navigating 2025: SFNet’s Asset-Based Capital Conference Returns to Las Vegas with Premier Insights and Networking
Dec 19, 2024SFNet’s Asset-Based Capital Conference returns to the Encore at the Wynn in Las Vegas February 11-12, 2025. Attendees will hear up-to-date market insights from industry leaders, thought-provoking discussions around the economy and industry dynamics, and networking opportunities with key decision makers.
-
Siena Lending Group Announces Leadership Transition Plan
Dec 17, 2024Siena Lending Group LLC ("Siena" or the "Company") announced today that after highly distinguished careers within the commercial finance industry, Chief Executive Officer (CEO) Dave Grende and Chief Risk Officer (CRO) Steven Sanicola will retire effective February 16, 2025. Both Grende and Sanicola will remain active in Siena’s business, taking on the role of Senior Advisors.
-
Celebrating the Achievements of SFNet Chapters
Dec 17, 2024The Secured Finance Network’s 20 Chapters are comprised of professionals with great insight and experience. From golf outings to educational events, several Chapters shared their highlights from the past year.
-
Checking in With Steven Meirink, CEO, Wolters Kluwer Financial & Corporate Compliance
Dec 12, 2024Steven Meirink is the CEO of Wolters Kluwer Financial & Corporate Compliance (FCC), which provides lending, regulatory and investment compliance solutions to financial institutions and legal entity compliance solutions to corporations, small businesses, and law firms.
-
2025 Policy Outlook: Navigating Economic and Regulatory Shifts Under New Leadership
Dec 6, 2024Washington enters 2025 with a policy landscape set for significant realignment as the Trump administration returns to office. Slim Congressional margins and pressing deadlines will complicate efforts to advance legislation. Meanwhile, key appointments at financial regulatory agencies, including Treasury, the OCC, the CFPB and the SEC, and other agencies across the administration will guide the implementation of financial services policy and other domestic priorities.
-
Yellowstone Settles With New York AG For $1 Billion
Dec 4, 2024On December 2, 2024, New York Attorney General (AG) Letitia James asked a state court to approve a settlement between the AG, Yellowstone Capital LLC (Yellowstone) and twenty-four related entities regarding a petition filed by the AG in March 2024.
-
Lender Liability Management: DIP Financings and the Non-Ratable Roll-Up
Dec 4, 2024
This Alert is not another Serta gripe. Rather, this Alert is about the exception to the developing Serta credit agreement language that excludes debtor-in-possession financing as one type of senior financing that does not require an opportunity to participate pro rata.
-
Legacy Corporate Lending Strengthens Portfolio and Underwriting Team with Appointment of T.C. Wilde as Executive Vice President
Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced the appointment of T.C. Wilde as Executive Vice President of Portfolio and Underwriting and Head of Portfolio.
-
Part 2 -Taking Security in Cross-Border Lending: (How Do You Know) the Steps to Take or Whose Law Is It Anyway?
Dec 2, 2024David Morse of Otterbourg P.C. explores the key relevant rights of the Secured Lender and “Third-Party Effectiveness”, what happens if the obligor on the receivable is located outside
of the United States?, Rome I Regulation and more. Part 1 of this article appeared in the September/October issue of The Secured Lender. -
Amerisource Business Capital Expands Team with New Regional Market Manager Appointment
Nov 26, 2024Amerisource Business Capital, a leading provider of asset-based lending and other capital products, is pleased to announce the appointment of Grant Flamang as Regional Market Manager in the Midwest.
-
KeyBank Expands Commercial Banking Teams in Chicago and Southern California to Serve the Middle Market
Nov 19, 2024KeyBank (NYSE: KEY) announced an expansion of its commercial banking business in Chicago and Southern California to serve more middle market clients with their differentiated platform – which includes a full range of commercial lending and capital markets capabilities as well as payments solutions designed specifically for the segment.
-
Provident Expands Commercial Lending Team as Part of Regional Growth Strategy for Eastern Pennsylvania
Nov 19, 2024Provident Bank, a leading community-focused financial institution, is pleased to announce the addition of six experienced lenders in the commercial banking space: Matthew Moresco, Matthew Skilton, Gerald Bresser, Michael Valenzano, Patrick Beaner, and Daniel Decker. These strategic hires come as part of the company’s efforts to strengthen its presence and commitment to businesses throughout eastern Pennsylvania.
-
Appraisers See a Mixed Picture for Valuations
Nov 18, 2024Secured lenders increasingly rely on appraisers for swift and accurate valuations amid rising complexities in asset-based lending. With business bankruptcies up 40% and ongoing supply chain challenges, appraisers must adapt quickly to maintain their vital role in the underwriting process, ensuring lenders receive the critical insights needed to navigate this evolving landscape.
-
SLR Business Credit Adds Mark J. Simshauser as Senior Vice President Supporting Growth in Northeast US
Nov 14, 2024SLR Business Credit is pleased to announce the addition of Mark J. Simshauser as Senior Vice President. In this role, Mark will have the responsibility of supporting and financing SME’s through the Northeast United States.
-
Bob Seidenberger Joins Franklin Capital as VP of Sales
Nov 13, 2024Franklin Capital is pleased to announce that Bob Seidenberger has joined Franklin Capital as Vice President of Sales. Bob will focus on advancing Franklin Capital’s growth strategy and growing its sales team.