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TSL Articles

  • Austin Financial Services and Stearns Bank Enter New Strategic Joint Venture
    Apr 22, 2025
    Austin Financial Services, Inc. (AFS), a leading nationwide provider of asset-based lending (ABL) solutions, announced it has entered into a new strategic joint venture with Stearns Bank, a well-capitalized, employee-owned financial services institution committed to helping small businesses, entrepreneurs and communities reach their full economic potential.
  • John Silvia Economic Outlook
    Apr 14, 2025
    The announcement of new tariffs by President Trump marks the beginning of a critical and uncertain phase for the U.S. economy. While the full impact is still unfolding, early signs point to a significant economic slowdown, rising prices, and heightened inflation.
  • ABL Navigates New Economic Crosswinds
    Apr 16, 2025
    The Secured Finance Network (SFNet) has released its Q4 2024 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of a resilient ABL market.  SFNet’s Data Committee has also published an overview of the market drawing from SFNet’s 2024 Annual ABL Survey, syndicated market data from LSEG LPC, and new macroeconomic insights from KeyBridge Research. This article examines where ABL stands—and where it’s heading—as the lending landscape adapts to a higher-stakes economy.
  • Gordon Brothers Appoints Liz Blue Head of North American Business Development, Retail & Real Estate Services
    Apr 15, 2025

    In this new role, Blue oversees the Retail and Real Estate Services teams’ business development strategy and accelerates the firm’s growth in the retail sector by working in partnership with Gordon Brothers’ asset experts to provide holistic solutions to retailers across the firm’s integrated service offering all under one platform. 

  • Ares Commercial Finance Launches a Healthcare Asset Based Lending Platform
    Apr 15, 2025
    Ares Commercial Finance (“ACF”) announced today that it has expanded its asset based lending (“ABL”) capabilities by adding a Healthcare-focused team. This newly added team will expand an already robust ABL platform with a complementary healthcare focus, broadening the ABL product offerings currently available. 
  • Dave Spandorfer Interview with SFNet’s Emerging Leaders Summit Keynote Speaker Dave Spandorfer, CEO & Co-Founder of Janji
    Apr 15, 2025

    Now in its 8th year, the Emerging Leaders Summit is a dynamic conference designed to unite professionals with 6-15 years of experience in secured finance. This year’s keynote speaker is Dave Spandorfer, CEO & Co-Founder of Janji, a start-up apparel organization that links runners with exploring and giving back. We sat down to speak with Spandorfer to discuss the history of the brand, the role funding from Assembled Brands played in its growth, and its commitment to social impact.  

     
  • Kansas City Fed President Addresses Secured Finance Network Amid Market Turmoil; Vows to Fight Inflation
    Apr 11, 2025

    Federal Reserve Bank of Kansas City President Jeffrey Schmid spoke at Secured Finance Network’s Independent Finance Roundtable in Missouri earlier this week.

    “Our understanding of current and developing economic conditions is informed by direct, local engagement with the industries and geographies that make up the American economy,” Schmid said. “Events like this one today play an important role in the process.”

  • Mazzotta Rentals, Inc. Secures $160 Million Credit Facility to Accelerate Growth and Continue Fleet Expansion
    Apr 8, 2025
    Mazzotta Rentals, Inc. (MRI), a leading provider of rental equipment solutions serving CT, MA, NY, RI, VT, NH, and ME in the construction, industrial, and infrastructure sectors, today announced it has secured an asset-based loan credit facility with M&T Bank (NYSE:MTB) as lead arranger and administrative agent. 
  • Gen Merritt-Parikh Empowering or Overshadowing? Balancing Technology and Expertise in ABL

    When asked, “Is technology empowering or overshadowing expertise in asset-based lending?” the answer is simple: Yes.

    We’re in an era where technology’s efficiency and human expertise should work together, and if balanced thoughtfully, we can absolutely have both. But this requires intention. As we lean into technology, we must preserve the critical thinking that defines the art of ABL.

  • Michael Haddad Empathy from the C-Suite: Michael Haddad’s Lessons Learned From His Self-Run Job Process
    Apr 7, 2025

    In this installment of our executive interview series, Charlie Perer sits down with past SFNet president Michael Haddad to discuss the current commercial finance hiring market and his unique, self-directed approach to securing his next leadership role, among other topics.

    For those who haven't been following, Michael has been sharing insightful weekly updates on LinkedIn about his personal journey in finding his next opportunity.

  • Quasar Capital Welcomes Rob Hydeman as President of Business Credit
    Apr 2, 2025

    Quasar Capital is proud to announce the addition of Rob Hydeman as President of Business Credit, a strategic leadership hire that marks a new chapter in Quasar Capital’s evolution as a premier provider of customized commercial finance solutions across the U.S. and Canada.


  • PKF O’Connor Davies Expands Advisory Service Offerings with PKF Clear Thinking Integration
    Apr 1, 2025
    PKF O'Connor Davies announced that its subsidiary, PKF Clear Thinking, integrated under the PKF O'Connor Davies name, effective January 29, 2025. TSL Express’ senior editor sat down with Stuart Kessler, senior advisor at PKF O’Connor Davies and Jonathan Moore, partner-in-charge of Advisory Services at PKF O'Connor Davies, to discuss the integration and how combining the expertise of both firms creates added value.
  • Encina Private Credit Growth Continues, Hires Matt Giamalis as Senior Vice President of Originations
    Apr 1, 2025
    Encina Private Credit today announced the appointment of Matt Giamalis as Senior Vice President, Originations, effective immediately. In this role, Giamalis will leverage his extensive experience in corporate finance and private credit to enhance the firm's origination of first out enterprise value loans across key industry sectors.
  • Legacy Corporate Lending Appoints Dillon Lounsbury as Senior Vice President of Originations ​
    Mar 25, 2025
    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 Dillon Lounsbury as Senior Vice President of Originations. Mr. Lounsbury brings over a decade of lending experience to Legacy, where he will be responsible for leading the origination and structuring of new transactions in the Southeast.
  • Moritt Hock & Hamroff Continues Its Florida Growth By Adding Two New Attorneys ​
    Mar 24, 2025
    Moritt Hock & Hamroff announced today the addition of two new attorneys to its Florida office, illustrating the firm’s continued commitment to growth in southeast Florida.  Joseph F. Poklemba joins the firm’s Litigation Practice Group as Senior Counsel and Steven M.  Bimston joins the firm’s Litigation and Creditors' Rights, Restructuring & Bankruptcy Practice Groups as Counsel.
  • Mastering the Art of Communication: Strategies for Building Stronger Business Relationships
    Mar 24, 2025
    In an era when technology and business move faster than ever, mastering communication is key to professional success. SFNet’s webinar, “The Art of Communication,” held March 4, brought together secured finance industry professionals at various career stages to discuss the evolving communication landscape in 2025. Panelists explored best practices for balancing technology with human connection, choosing the right mode of communication for different scenarios, and improving overall efficiency and productivity.
  • Recognizing Excellence: Women in Secured Finance Profiles
    Mar 19, 2025
    In our annual Women in Secured Finance issue of The Secured Lender we recognize and celebrate more than 40 remarkable women in the secured finance industry.
  • First Bank Names Donna Calderaro as Market Executive for Asset-Based Lending
    Mar 13, 2025

    First Bank is pleased to announce the appointment of Donna Calderaro as Market Executive for its Asset-Based Lending (ABL) business. In this role, she will report to Michael Maiorino, President of ABL and Florida Commercial Banking.

  • TSLExpres_BobSeidenberger Selling with Experience: Bob Seidenberger on His New Role at Franklin Capital and Market Outlook
    Mar 13, 2025

    With almost 40 years in commercial finance, including recent roles at Bridgeport Capital and Bay View Funding, and a strong commitment to helping businesses secure working capital, Seidenberger brings substantial industry knowledge to Franklin Capital’s senior team. Here we sat down with Seidenberger to learn more about his new role at Franklin Capital and his predictions for the industry this year.

     

     

  • Aliah Lalani Stronger Than Ever: Women, Work and the Power of Resilience
    Mar 11, 2025
    Featuring insights from PNC’s Eileen Kowalski, Newpoint Advisors’ Carin Sorvik, Hilco’s Ervisa Ismailaj, and KPMG’s Andrea Beirne, this article delves into gender dynamics, and the hurdles women face in male-dominated sectors. Discover how these leaders have thrived and their perspectives on the progress—and remaining gaps—in achieving gender parity.

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