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SFNet Launches IMPACT Awards to Celebrate Excellence in the Secured Finance Industry
Apr 15, 2024
SFNet is proud to unveil our new program to celebrate excellence in the secured finance industry: the SFNet IMPACT Awards. Created to honor innovation and leadership, these awards will demonstrate the crucial role that our SFNet community of members play in putting capital to work.
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Wintrust Receivables Finance Announces Closing of $3M Line of Credit for Growing Third-Party Logistics Company
Apr 15, 2024
Wintrust Receivables Finance (WRF) is happy to announce the closing of a new $3,000,000 account receivable line of credit for a Southwest-based third-party logistics company. The company provides a diversified mix of transportation solutions including truckload, LTL, intermodal, and expedited. These services are provided to a number of middle market companies throughout the country.
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Citigroup’s Shapleigh Smith Retiring; Shane Azzara to Head Asset-Based and Transitional Finance
Apr 11, 2024
Shane Azzara is taking over as head of asset-based and transitional finance at Citigroup Inc., succeeding Shapleigh Smith who is retiring as of May 1.
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Asset-based lenders performed well overall in Q4, SFNet reports
Apr 10, 2024
Survey shows bank asset-based loan commitments down slightly, but rose for non-banks
The resilience of the asset-based lending market continued in the fourth quarter, according to data released by the Secured Finance Network (SFNet). Lenders held positive against the backdrop of an uneven economy, but are closely watching portfolios in 2024.
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The Ins & Outs of DEI Fatigue
Apr 11, 2024
Since the DEI “field” is a potpourri of research, advocacy, political ideations,
and personal perspectives from multiple fields, it is difficult for people to know which sources of information to trust. One of the latest urgent fascinations that has captured our collective attention is “DEI Fatigue.”
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The Pursuit of Happiness: How Robyn Barrett created a woman-owned empire in the factoring space while staying true to who she is
Apr 8, 2024
Robyn Barrett is the SVP, managing director of Oxford Commercial Finance (“OCF”). OCF offers factoring and asset-based lending lines of credit to small to mid-sized to access the capital needed to grow.
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Ally and Affinity Groups: Helping to Bring Our True Selves to Work
Industry ally and affinity group members and leaders share their stories and discuss how their organization’s groups began and their benefits.
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Tree Buckingham Joins nFusion Capital as EVP Head of Asset Based Lending
Apr 1, 2024
nFusion Capital announced that Tree Buckingham has joined their team as EVP Head of Asset Based Lending. Buckingham is responsible for spearheading the strategic expansion of the Asset Based Lending division.
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What’s Ahead in 2024 for Secured Financing & Working Capital
Mar 27, 2024
The landscape of corporate lending in the United States is dynamic, characterized by a diverse array of borrowers spanning various industries and a multitude of loan products and lenders vying for business. In recent years, economic fluctuations and shifting market dynamics have significantly influenced lending trends, impacting both borrowers and lenders alike. As we look ahead to 2024, it is essential to analyze current trends and anticipate future developments in the corporate lending landscape.
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SFNet's Emerging Leaders Summit Heads to the West Coast
Mar 25, 2024
SFNet's Emerging Leaders Summit, a dynamic conference designed to unite professionals with 6-15 years of experience in secured lending, is heading to the West Coast for the first time since its inception in 2018. The event will provide an opportunity to glean insights from seasoned titans who have navigated the intricacies of the field. Attendees can expect to engage in thought-provoking panels where industry luminaries will offer a unique perspective on both the industry and effective leadership.
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Getzler Henrich Names Michael Osment Managing Director in Detroit Office
Mar 25, 2024
Michael Osment has joined Getzler Henrich & Associates LLC (
getzlerhenrich.com), one of the nation’s oldest and most respected middle-market corporate restructuring and operations improvement firms, as a Managing Director in the Detroit office.
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Siena Lending Group Announces Leadership Changes and Promotions
Mar 21, 2024
Scott Elliotto has been named President of Siena Lending Group, while Todd Eubanks is joining SLG as Deputy Chief Risk Officer and Michael Zielinski has been promoted to Director of Portfolio Management, Team Leader. All positions are effective immediately.
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Dealmaker and Restructuring Expert James H.M. Sprayregen to Join Hilco Global as Vice Chairman and a Key Growth Partner at the Global Financial Services Firm
Mar 19, 2024
James H. M. Sprayregen, one of the most well-known and highly regarded dealmakers and thought leaders in the restructuring, corporate reorganization, and the M&A community, will join Hilco Global as a Vice Chairman of the privately held global financial services holding company.
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Getting R.E.A.L. in Later Stage, Venture-Backed Companies
In this article, we discuss how leading, managing, and operating a business with a focus on growth and development but with profits and cash flow is far different than driving interesting research and development (R&D) and engineering activities; and how a company should deal with these challenges as they evolve.
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Breaking the Glass Ceiling Together: Stories of Cross-Gender Mentorship
Mar 18, 2024
TSL’s editor-in-chief explores the transformative power of cross-gender mentorship, especially in a male-dominated industry where there might be a shortage of female mentors. Read on for stories of female leaders who had male mentors and how they played pivotal roles in advancing their careers, dismantling biases, and cultivating inclusive workplaces.
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An Interview with Bobby Bans, Managing Director of Western Region Originations at Wells Fargo Capital Finance (WFCF)
Mar 12, 2024
In this installment of our series of executive interviews, Charlie Perer sits with Bobby Bans to hear his views about his new role at Wells Fargo Capital Finance, the future of ABL, executive development and competition, among other things.
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GoldenTree Announces over $1.35 Billion Private Credit Fund
Mar 11, 2024
GoldenTree’s Private Credit Fund (the “Fund”) secured commitments of over $1.35 billion, surpassing its target of $800 million to $1 billion. The Fund has a global investor base that includes public and corporate pensions, sovereign funds, foundations, insurance companies, family offices and RIAs across the US, Europe, Asia and the Middle East.
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Interview with Jim Hudak, President - Commercial Finance, First Citizens Bank
Mar 5, 2024
In June 2023, First Citizens Bank named noted commercial banking executive Jim Hudak as president of its Commercial Finance group, which it acquired in its merger with CIT Group in early 2022.
With more than 20 years as a commercial finance executive, Hudak is known throughout the industry for his leadership capabilities and strong commitment to client support and satisfaction.
Hudak oversaw CIT's commercial finance businesses from 2008 to 2019, during which time many grew to become leading lenders in their industry verticals.
Today, settled back into an expanded version of the role he once occupied, he discusses the state of the business, the impact of the First Citizens merger and his strategy for 2024 and beyond.
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Ares Management Launches Ansley Park Capital
Mar 4, 2024
Ares Management Corporation (NYSE: ARES) (“Ares”), a leading global alternative investment manager, announced today that funds managed by its Alternative Credit strategy (“Ares Alternative Credit”) have launched Ansley Park Capital (“Ansley Park”), a newly-formed lending and specialty finance company that delivers full spectrum, customized financing solutions for essential-use, large-ticket equipment.
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2024 Threats to Manufacturing and Industrial Businesses – Lenders Beware
How will reduced consumer spending and increased leverage cost stress manufacturing & industrial companies in the year ahead?