• TSL1124_RobertMeyers_InterviewPhoto_150 Eyes on the Future: SFNet Welcomes its Youngest President in 80 Years
    Nov 4, 2024

    Robert Meyers, managing member and president of Republic Business Credit, discusses his over 10 years of SFNet involvement to where he is today, as well as his goals as SFNet’s incoming president, which include creating a larger and more inclusive community to benefit its members and accelerate access to those in need of capital.

  • Renee Fellman websize small Numbers are the Symptom and not the Disease
    Oct 23, 2024
    When corporate profits are plummeting, people often say, “They’re having financial problems.” In reality, however, the numbers are the symptom and not the disease. The underlying disease—almost always—is mismanagement of the people, processes and systems through which a company provides its products and services. For that reason, operational restructuring, in tandem with financial restructuring, can produce significantly better bottom-line results than those created by financial restructuring alone.

     

  • MidFirst Business Credit Appoints John Nooney as President
    Oct 22, 2024
    MidFirst Business Credit (the “Company”), a subsidiary of MidFirst Bank, the largest privately owned bank in the nation, today announced the appointment of John Nooney as President. Dennis Schlesner, former President of MidFirst Business Credit, retired on October 1, 2024.
  • Jenn Palmer Fueling Inclusive Growth: Jennifer Palmer on JPalmer Collective’s $72M Capital Raise and Vision for the Future
    Oct 21, 2024

    On October 18, JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, announced a series of transactions raising $72 million in gross proceeds. The raise will accelerate JPC’s growth trajectory and fund new loans to JPC borrower clients. 

    Here we sit down with Jennifer Palmer, CEO and founder of JPalmer Collective, to learn more about the unique capital raise, which had a strategic combination of financing close simultaneously. 

  • tiffani-bova-official_150 Interview with Tiffani Bova, SFNet Convention Keynote Speaker
    Oct 21, 2024
    Ranked for the last six years in the Top 50 Business Thinkers in the world by Thinkers50, Tiffani Bova is a thought leader who Forbes says “reshapes our perception of growth.”
  • JPalmer Collective Completes $72 Million Capital Raise to Accelerate Growth and Fund New Clients
    Oct 18, 2024
    JPalmer Collective (JPC), an asset-based lending company committed to funding high-growth, women-led and natural products companies, today announced a series of transactions raising $72 million in gross proceeds. The raise will accelerate JPC’s growth trajectory and fund new loans to JPC borrower clients.
  • Travis Pocock Joins SLR Business Credit
    Oct 15, 2024
    SLR Business Credit, and its parent company SLR Capital Partners, is proud to announce the addition of Travis Pocock as Senior Vice President. In his role, Travis will be responsible for identifying and engaging asset-based lenders, accounts receivable factoring companies, and portfolios for acquisition.
  • Navigating Cybersecurity Challenges in the Lending Industry
    Oct 14, 2024
    Attorneys from Mandelbaum Barrett PC explore how the rising cyber threats and stringent regulations facing lenders and the essential strategies for developing robust cybersecurity programs, safeguarding data, and maintaining regulatory compliance in a rapidly changing landscape.
  • Tom Harris Joins Iron Horse Credit
    Oct 14, 2024

    Iron Horse Credit, a newly anointed asset-based lender, is proud to announce the addition of Tom Harris as Business Development Officer. In his role, Tom will be responsible for identifying new territories, partnership channels and building new client relationships.

     
  • U.S. Middle Market Performance Shows Sustained Stability
    Oct 11, 2024
    Middle market private companies in the Golub Capital Altman Index grew earnings by 8% during the first two months of the third quarter of 2024. Revenue grew 5% during the same period.
  • Encina Lender Finance Bolsters Senior Management Team With Three Promotions and Two Key New Hires
    Oct 9, 2024
    Atlanta, GA and San Francisco, CA – October 10, 2024 – Encina Lender Finance, LLC (“ELF”) announced today several senior executive promotions and key new hires to support the company’s next stage of growth.
  • Stephen Schwartz A Conversation with Wells Fargo’s Managing Director of Supply Chain, Trade, and Channel Solutions
    Oct 7, 2024
    Stephen Schwartz heads underwriting for the Supply Chain, Trade & Channel Solutions group covering Key Accounts Purchase, Supplier Finance, Accounts Receivable Securitization, International Factoring Commercial Services, Inventory Finance, Channel Finance and Equipment and Vendor Finance floor planning. Here, he discusses how companies are navigating supply chain challenges particularly in light of the U.S. port strikes.
  • MidCap Business Credit Adds Ray to New Business Team
    Oct 7, 2024
    MidCap Business Credit has appointed Ryan Ray as Senior Vice President of its business development team.  Ray has spent the last 15 years in asset-based finance in business development, most recently with Accord Financial.  Ryan will be located in Chicago and will cover the Midwest market further cultivating relationships with asset-based lenders, private equity sponsors, investment bankers, advisors, and other financial institutions. 
  • SFNet Announces Governance Boards Leadership
    Oct 3, 2024
    The Secured Finance Network (SFNet) Member Directors have elected and the Executive Committee has approved the FY25 SFNet Management Committee and Executive Committee members. In addition, the Secured Finance Foundation (SFFound) Member Donors have elected and the SFFound Board has approved the FY25 SFFound Board and Officers.
  • TSL1123_BarryBobrow SFNet 2024 President Barry Bobrow Reflects on a Successful Year
    Oct 2, 2024
    Bobrow discusses the highlights of his tenure as president of SFNet, challenges and opportunities faced, and advice for incoming SFNet President, Rob Meyers.
  • SFNet Releases ABL Q2 and Factoring Mid-Year Reports
    Sep 27, 2024

    SFNet has published the results of both its Q2 ABL Survey as well as its Mid-Year Factoring Report. Participating lenders have access to additional data and detailed reporting. Contact your business unit leader or asavaser@sfnet.com to request a copy of your report

  • morse, david Taking Security in Cross-Border Lending: (How Do You Know) the Steps to Take or Whose Law Is It Anyway?
    Sep 26, 2024
    Navigating cross-border secured financing presents a complex challenge, where choice of law and conflict of law rules create an intricate maze. Unlike straightforward domestic transactions under the Uniform Commercial Code, international financing demands careful scrutiny of diverse jurisdictions’ laws. David Morse of Otterbourg P.C. explores the practical steps lenders must take to secure rights over assets like inventory and receivables across multiple countries to ensure the lender has the benefit of such security. Part 2 of this article will appear in the November/December issue.
  • FGI Risk Expands West Coast Presence with Hiring of Sara Bell
    Sep 24, 2024
    FGI Worldwide LLC (www.FGIWW.com) (“FGI”), a global leader in the commercial finance industry, has announced the hiring of Sara Bell as Director, FGI Risk. Based in Los Angeles, Ms. Bell will focus on developing relationships and new business opportunities on the West Coast for FGI’s credit insurance brokerage and risk advisory division.
  • White House Partners with Monroe Capital to Launch New Strategy to Support U.S. Automotive Industry Growth Initiatives and American Autoworkers
    Sep 23, 2024
    Along with the anticipated advisory support of MEMA, The Vehicle Suppliers Association (“MEMA”) and the Alliance for Automotive Innovation, Monroe intends to launch this new strategy (the “Drive Forward Fund LP” or the “Fund”) to help address this key White House initiative. 
  • The Evolution and Impact of Factoring Services Amidst Global Supply Chain Disruptions
    Sep 23, 2024
    In recent years, global supply chains have faced unprecedented challenges, from pandemic-induced disruptions to geopolitical tensions and economic uncertainties. As businesses grapple with these issues, factoring has emerged as a critical solution for managing cash flow and mitigating risks. SFNet members provide insight into how factoring has evolved, its impact on the supply chain, and real-world examples of its effectiveness.