- Jennifer Wallace, Chair of SFNet’s 40 Under 40 Awards, Encourages Members to Nominate Rising Stars
- Gordon Brothers Completes Big Lots Purchase & Facilitates Going Concern Sale
- eCapital Acquires LSQ to Expand Technology Solutions and Strengthen Market Leadership
- Interview with Kristin Maxwell, Member of SFNet’s Inclusiveness Committee
- Solifi Appoints Corazzi Chief Executive Officer as Hamilton Steps up Into Chairman Role
-
Jennifer Wallace, Chair of SFNet’s 40 Under 40 Awards, Encourages Members to Nominate Rising Stars
Jan 13, 2025Nominations for the 2025 SFNet 40 Under 40 Awards are open until Feb. 1. The Awards celebrate the secured finance industry’s rising stars. The SFNet 40 Under 40 Awards Committee Chair is Jennifer Wallace, loan portfolio manager, Wells Fargo Commercial Capital – Lender Finance. Here, we speak with Jennifer who shares her insights as a former winner on why SFNet members should consider nominating a rising star this year.
-
Gordon Brothers Completes Big Lots Purchase & Facilitates Going Concern Sale
Jan 9, 2025
Sale of U.S. closeout retailer’s assets, including stores, distribution centers and intellectual property, to other retailers and companies will preserve brand and prevent layoffs
-
eCapital Acquires LSQ to Expand Technology Solutions and Strengthen Market Leadership
Jan 7, 2025eCapital Corp, a leading technology-enabled provider of financing for small and medium-sized businesses (SMBs) across North America and the U.K., today announced its acquisition of LSQ Group LLC and its subsidiaries, a recognized leader in working capital finance and payment services.
-
Interview with Kristin Maxwell, Member of SFNet’s Inclusiveness Committee
Jan 7, 2025Throughout her career, Kristin has consulted with working capital providers to identify and resolve business challenges by leveraging technology. At Wells Fargo, her areas of focus include legacy application modernization, process improvement, automation, and simplifying tech stacks.
-
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.
-
Jennifer Wallace, Chair of SFNet’s 40 Under 40 Awards, Encourages Members to Nominate Rising Stars
Jan 13, 2025
Nominations for the 2025 SFNet 40 Under 40 Awards are open until Feb. 1. The Awards celebrate the secured finance industry’s rising stars. The SFNet 40 Under 40 Awards Committee Chair is Jennifer Wallace, loan portfolio manager, Wells Fargo Commercial Capital – Lender Finance. Here, we speak with Jennifer who shares her insights as a former winner on why SFNet members should consider nominating a rising star this year.
-
Gordon Brothers Completes Big Lots Purchase & Facilitates Going Concern Sale
Jan 9, 2025
Sale of U.S. closeout retailer’s assets, including stores, distribution centers and intellectual property, to other retailers and companies will preserve brand and prevent layoffs
-
eCapital Acquires LSQ to Expand Technology Solutions and Strengthen Market Leadership
Jan 7, 2025eCapital Corp, a leading technology-enabled provider of financing for small and medium-sized businesses (SMBs) across North America and the U.K., today announced its acquisition of LSQ Group LLC and its subsidiaries, a recognized leader in working capital finance and payment services.
-
Interview with Kristin Maxwell, Member of SFNet’s Inclusiveness Committee
Jan 7, 2025
Throughout her career, Kristin has consulted with working capital providers to identify and resolve business challenges by leveraging technology. At Wells Fargo, her areas of focus include legacy application modernization, process improvement, automation, and simplifying tech stacks.
-
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.
-
Jennifer Wallace, Chair of SFNet’s 40 Under 40 Awards, Encourages Members to Nominate Rising Stars
Jan 13, 2025
Nominations for the 2025 SFNet 40 Under 40 Awards are open until Feb. 1. The Awards celebrate the secured finance industry’s rising stars. The SFNet 40 Under 40 Awards Committee Chair is Jennifer Wallace, loan portfolio manager, Wells Fargo Commercial Capital – Lender Finance. Here, we speak with Jennifer who shares her insights as a former winner on why SFNet members should consider nominating a rising star this year.
-
Gordon Brothers Completes Big Lots Purchase & Facilitates Going Concern Sale
Jan 9, 2025
Sale of U.S. closeout retailer’s assets, including stores, distribution centers and intellectual property, to other retailers and companies will preserve brand and prevent layoffs
-
eCapital Acquires LSQ to Expand Technology Solutions and Strengthen Market Leadership
Jan 7, 2025eCapital Corp, a leading technology-enabled provider of financing for small and medium-sized businesses (SMBs) across North America and the U.K., today announced its acquisition of LSQ Group LLC and its subsidiaries, a recognized leader in working capital finance and payment services.
-
Interview with Kristin Maxwell, Member of SFNet’s Inclusiveness Committee
Jan 7, 2025
Throughout her career, Kristin has consulted with working capital providers to identify and resolve business challenges by leveraging technology. At Wells Fargo, her areas of focus include legacy application modernization, process improvement, automation, and simplifying tech stacks.
-
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.