- Jennie Kim of Great American Group discusses how being a woman makes a difference when building relationships within the financial services industry.
- Jane Fraser Named President of Citi and Head of Global Consumer Banking
- China-US Trade Alert for Finance & Factoring Companies for Electronic Goods
- Moritt Hock & Hamroff Welcomes New Partner Danielle J. Marlow
- CIT Names David Harnisch President of Commercial Finance as Jim Hudak Retires
TSL Feature Articles
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.
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.
SFNet Hall of Fame Inductees
Oct 16, 2019When 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.
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.
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 and the Omnichannel Equation
Tim Anderson of Hilco Valuation Services discusses Omnichannel appraisals, which are now more common than traditional brick-and-mortar appraisals.
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: 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.
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.
The UK Government Moves Closer to Potentially Damaging Legislation Impacting the UK ABL Industry and Its Clients
The UK Government announced 11th July 2019, through the publication of the Draft Finance Bill, that it is going ahead with the reinstatement of Crown Preference in respect of VAT and PAYE.
PNC Bank Provides Financing to Receipt & Labeling Solutions Provider
May 30, 2019
PNC Bank, National Association, announced the closing of a $90 million senior secured credit facility for Iconex LLC (Iconex), a portfolio company of Greenwich, CT-based Atlas Holdings. PNC’s facility was provided in conjunction with a $67.5 million term loan and a $30 million delayed draw term loan provided by Cerberus Business Finance.
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.
Previous TSL Articles
Isn’t That What it Says? -- Potential Perils of Incorporation by Reference in Finance Transactions
Commercial lending transactions are memorialized with a comprehensive, and often voluminous, set of loan documentation. In an attempt to expedite closing, and reduce closing binder sizes, lenders (and their counsel) are always seeking ways to streamline the loan- documentation process.
SFNet 40 Under 40 Award Winner Catch up With Jan Tamman
Jan Tamman, SVP - National Recurring Field Exam Manager at PNC, reflects back on receiving the SFNet 40 Under 40 Award in 2018 and his new role at PNC. The 40 Under 40 Awards will return in 2020 in New York City.
SFNet YoPro Leadership Summit's Women Industry Leaders Panel
What’s it like to be a woman executive in a historically male-dominated industry? What do you wish you knew when you were 30? Young professionals had the chance to listen to top women executives in the ABL industry offer advice on career moves, leadership, diversity, and more at the SFNet’s YoPro Leadership Summit held in Chicago, IL on August 28th.
Meet YoPro Chapter President Drew Loughlin of SFNet's New York Chapter
Avi Levine, vice president at Star Funding, Inc. (pictured left) and Andrew (Drew) Loughlin, vice president, People's United Bank, catch up and discuss Drew’s involvement with the SFNet New York Chapter over the years. Drew has currently served as the President of the Chapter for the past two years. Drew can be reached at email@example.com and Avi at firstname.lastname@example.org.
Meet YoPro Entrepreneur Matt Gillman, CEO of SMB Compass
Avi Levine, vice president at Star Funding, Inc., sat down with Matthew Gillman, CEO of SMB Compass, a bespoke business financing company focused on providing financing and education to small businesses across the United States. Matt discusses starting up SMB Compass and the challenges he faces as a young entrepreneur.
SFNet's 2nd Annual YoPro Leadership Summit Recap
The Secured Finance Network brought together the future commercial finance leaders for a full day of learning and development at the offices of JPMorgan Chase in Chicago. The Leadership Summit included many great panels, opportunities to expand professional networks and a chance to have fun with industry peers.
Lien Trouble Down on the Farm
Jul 2, 2019In a priority dispute between a bank and two nurseries, the bank prevailed. The dispute concerned who held the senior lien in over a million dollars’ worth of trees and shrubs in three states. By Samuel R. Henninger
SFNet Women in Secured Finance Conference Explores How Women Can Step into Their Power
May 1, 2019
SFNet's Women in Secured Finance Conference provided networking and insight for career development and how to navigate issues faced in today’s work environment. By Eileen Wubbe
Finance Professionals Can Build on Blockchain for Success
May 1, 2019
Rick Burke of TD Bank discusses the results of TD’s recent blockchain survey. When it comes to the technology’s specific capabilities and implications, finance professionals are divided: blockchain will create stronger audit trails (29%), speed up payment processes (22%), improve efficiency of cross-border payments (21%) and reduce payments fraud (18%). TD’s survey also revealed a conundrum in the treasury world: Faster and real-time payments are coming soon, but organizations still have obstacles to implement them. By Rick Burke
Interview with Honorable Kevin J. Carey, Delaware Bankruptcy Judge
May 1, 2019
Judge Kevin J. Carey (D. Del.; Wilmington) has served on the Bankruptcy Court for the District of Delaware since 2005 (serving as Chief Judge from 2008 to 2011), having first been appointed as a bankruptcy judge for the Eastern District of Pennsylvania in 2001. By Michele Ocejo
In This Section
The Secured Lender
SFNet's 75th Annual Convention Issue.