TSL Feature Articles

  • Dave Kucera, Capital One Lenders Think About Recession Readiness
    The head of Capital One’s Financial Institutions Group reviews the trends that lenders should be watching as we shift into 2020.
  • Joseph Nemia, TD Bank Review and Forecast with Joseph Nemia, Executive Vice President - Head of Asset Based Lending at TD Bank

    Joseph Nemia looks back at 2019 and discusses what the secured finance industry can expect to see in 2020.

     

  • HuntingfordArt Trade Finance Insights: Financing Trade Receivables Beyond ABL or Factoring

    A Demica senior director explains how trade receivable securitization programs can be used as a valuable alternative to other funding solutions, especially in cross-border or challenging credit environments.

     

  • TSL1119_DrinkDailyGreens Putting Capital to Work - Far West Capital Customer: Drink Daily Greens
    Jan 6, 2020
    Meet an entrepreneur trying to make the world a “greener” place.  


    At 33 years old, Shauna was diagnosed with breast cancer - a head-spinning diagnosis for anyone, but especially a new mother at 33 who considered herself fairly healthy. Then came the draining, life-sapping chemo that would save her life, but leave her feeling weak and malnourished

  • JeffreyWurst UCC Insights - Looking For A Better Mouse Trap? Article 9 Sales Spring To Action.

    The time and cost of liquidating collateral can often be prohibitive and is always a nuisance. Of course, this problem is exacerbated when the asset value is less than the balance owed to the secured creditor(s), leaving no value for unsecured creditors. Lenders often step up and carve out an amount to be distributed to unsecured creditors to enable a Chapter 11 to proceed to effect a sale of the debtor’s assets free and clear of liens. Some consider this to be a price to be paid by secured creditors for the privilege of utilizing the bankruptcy court to sell their collateral. Thus, the cost of a bankruptcy can be very expensive not only to the debtor, but also to the secured lender. As a result, small and middle-market companies and their lenders have grown receptive to non-bankruptcy vehicles for the disposition of assets.

  • PaulSchuldiner_Headshot_150X150 Purchase Order Financing: Then, Now and What’s Ahead
    Purchase order financing has been around nearly as long as its close relatives (factoring) and distant ones (merchant banking), but has become much more prevalent in the last decade. With better technology and other innovations accelerating manufacturing and production timelines to meet demand from e-commerce and big box customers, the global supply chain has never been under more stress. We see this with the China tariffs, Brexit and other significant changes to trade policy. Purchase order financing has never been a more valuable option for companies buying and selling around the globe.
  • KarabusArt The Digital Transformation is Severely Disrupting Retail: The Time for Action is Now

    The transformation of retail is creating new and significant challenges for traditional retailers. Antony Karabus, CEO of HRC Advisory, explores those obstacles and offers solutions to help retailers survive – and even thrive — during these tumultuous times.

  • jdepledge2 Interview with Incoming SFNet President John DePledge
    John DePledge currently serves as the head of Asset Based Lending of Bank Leumi USA. With over 35 years of ABL experience, John has built portfolios in numerous new markets and has held senior leadership roles in originations, portfolio management, underwriting, asset recovery and field examination. Here, he outlines SFNet’s 2020 goals after its recent transformation.
  • SFNHoF copy SFNet Hall of Fame Inductees
    Oct 16, 2019
    When we set out to rebrand the Commercial Finance Association over a year ago, we knew we wanted to build on our proud heritage while looking to the future. That timeless adage “remember where you came from” was at the forefront of our minds as we discussed the new brand. There were many positive attributes that we wanted to preserve as we planned to reposition our value proposition to align with the priorities of our diverse network. 
  • sharkey The TSL Interview: Michael D. Sharkey: Celebrating 40 Years in ABL
    Sep 20, 2019

    Michael D. Sharkey is the president of Fifth Third Business Capital. He oversees a nationwide market with regional offices across the United States and Canada. Sharkey is past president and chairman of Secured Finance Network.  He is also past president of the American Brain Tumor Association. Sharkey is a graduate of Rutgers University and J. L. Kellogg Graduate School of Management at Northwestern University. Here he discusses his long career, the outlook for the industry and Fifth Third’s acquisition of MB.

  • airfianance Lending to Business Aviation: Don’t Wing It

    As with any industry, lending to the business aviation sector comes with its own set of risks. Shelley Svoren of First Republic Bank gives readers the insider’s tips on this industry.

  • ecommerce Ecommerce and the Omnichannel Equation

    Tim Anderson of Hilco Valuation Services discusses Omnichannel appraisals, which are now more common than traditional brick-and-mortar appraisals.  

  • food19 Middle-Market Companies Find Opportunity in Food & Beverage Disruption

    Capital One executives discuss how innovation in the food & beverage sector are making it an industry lenders don’t want to ignore.

  • construction Construction: Cycles and Considerations in Lending

    A Conway MacKenzie executive provides an overview of the construction industry, including its unique cycles. Lending into the construction sector can prove to be a lucrative decision if extensive due diligence is conducted deep into a company’s financials. There are a wide range of factors and potential pitfalls to consider, understand and navigate properly.

  • Cannibus Everything You Wanted To Know About Cannabis…But Were Afraid To Ask
    Sep 10, 2019

    Money-laundering statutes, restrictive banking regulations and the stigma surrounding the cannabis industry have caused established banks and well-known independent secured lenders to stay clear, but the possibility of new regulations may ease their fears.

Click on the link below to meet some of the “difference makers” in the secured finance community. This issue of The Secured Lender celebrates those who are having a profound impact on both their communities and their organizations. 

See Profiles


Previous TSL Articles

  • Aaron Hughes The SME Lending Landscape in 2020

    Aaron Hughes, Managing Director of Equiniti Riskfactor, a leading provider in the commercial finance industry, examines the SME lending market for the coming year and the importance of risk management to lenders.

  • The End of Libor Is a $12 Trillion Headache for Loan Bankers

    The whole financial world is working to move away from Libor and other interbank lending benchmarks, which for decades have been used to set borrowing costs on bonds and loans, as well as products ranging from derivatives to credit cards. Since 2018, more than $150 billion worth of bonds have been sold using rates set by a new generation of benchmarks. The syndicated loan market is lagging far behind, with at least $12 trillion of deals needing to be replaced or rewritten so they follow a Libor alternative. There are no easy fixes in sight despite potential deadlines as early as this year.

  • Dave Kucera, Capital One Lenders Think About Recession Readiness
    The head of Capital One’s Financial Institutions Group reviews the trends that lenders should be watching as we shift into 2020.
  • Joseph Nemia, TD Bank Review and Forecast with Joseph Nemia, Executive Vice President - Head of Asset Based Lending at TD Bank

    Joseph Nemia looks back at 2019 and discusses what the secured finance industry can expect to see in 2020.

     

  • HuntingfordArt Trade Finance Insights: Financing Trade Receivables Beyond ABL or Factoring

    A Demica senior director explains how trade receivable securitization programs can be used as a valuable alternative to other funding solutions, especially in cross-border or challenging credit environments.

     

  • TSL1119_DrinkDailyGreens Putting Capital to Work - Far West Capital Customer: Drink Daily Greens
    Jan 6, 2020
    Meet an entrepreneur trying to make the world a “greener” place.  


    At 33 years old, Shauna was diagnosed with breast cancer - a head-spinning diagnosis for anyone, but especially a new mother at 33 who considered herself fairly healthy. Then came the draining, life-sapping chemo that would save her life, but leave her feeling weak and malnourished

  • MyraThomas Education Focus 20/20: Dynamic Educational Content Is Key for Members

    As the Secured Finance Network celebrates its 75th anniversary, its commitment to the education of its membership remains tantamount to the organization. Part of that commitment is making sure that secured lenders of all stripes are provided with the essential tools, training, and best practices to ensure their professional success. But that educational content must stay dynamic, updating foundational courses and offering new and compelling material to deal with current business challenges. SFNet’s new initiative, Education Focus 20/20, supported by the Secured Finance Foundation, brings that vision to life.

  • RobKatz SFNET, Peoples United Bank and EisnerAmper Partner with Temple University

    As an SFNet Chapter leader, some of the most enjoyable times are spent working with the next generation.  Joe Accardi, Head of New Business Development at Peoples United Business Capital, and I did that earlier this fall at Temple University, where I have been an adjunct professor for the last 11 years.  During the last two semesters, Joe has led discussions on asset-based lending (ABL) with graduating seniors.  Jeff Walsh and the team at SFNet prepared a slide presentation on the particulars of ABL and Joe also prepared a separate supplement.

  • morse, david Committee Spotlight: Convention Programming Committee 2019
    This column highlights the hard work and dedication of SFNet committee volunteers. Here we speak with David Morse, chair of the Convention Programming Committee 2019.
  • SusanCarol_150x150 SFNet 75th Annual Convention Delivers Latest Insights on Secured Finance Strengths and Pressures

    SFNet's 75th Annual Convention featured a fantastic lineup of thought leaders whose insights helped attendees see around corners and make the best decisions for their  business. From leading private debt and equity players and supply chain experts to M&A advisors, ground-breaking economists and the best minds in the legal community, industry authorities shed light on the issues affecting attendees' business now and in the future. The latest data and forecasts including all new studies dimensioning the secured finance market and examining its inter-relationships was also presented. Whether an ABL lender, factor, advisor, intermediary or other, there was something for everyone in our Network.