United Community has strengthened its Asset-Based Lending (ABL) team with the addition of Stacy Odendahl as senior business development officer. Odendahl’s 16 years of experience sourcing new business across the Southeast and her customer-centric approach add significant depth and expertise to an already dynamic division, reinforcing United’s commitment to delivering tailored financial solutions.

On Wednesday, March 12, 2025, SFNet Europe organized its annual Chapter Event in Amsterdam, hosted by NautaDutilh. The event kicked off with a NextGen event for young professionals in the ABL industry, followed by a networking lunch joined by the attendees to the main Chapter Event. In the afternoon, the main Chapter Event comprised of two expert sessions which explored the evolving ABL-financing landscape. Expert panelists discussed the importance of innovation and adaptability, focusing on alternative financing and structures, economic challenges, changing funding blends, and the use of ABL for acquisition financing structures.

Vince Mancuso brings more than 30 years of experience in commercial finance, offering strategic leadership and deep industry insight to stakeholders and service partners.

U.S. Bank today announced Dan Son as the new head of its Working Capital Finance division. Son replaces Sam Philbrick, who is retiring after 45 years in banking, including 18 years at U.S. Bank in which he helped grow the asset-based finance business into a top national franchise.

In this new role, Blue oversees the Retail and Real Estate Services teams’ business development strategy and accelerates the firm’s growth in the retail sector by working in partnership with Gordon Brothers’ asset experts to provide holistic solutions to retailers across the firm’s integrated service offering all under one platform. 

Now in its 8^th year, the Emerging Leaders Summit is a dynamic conference designed to unite professionals with 6-15 years of experience in secured finance. This year’s keynote speaker is Dave Spandorfer, CEO & Co-Founder of Janji, a start-up apparel organization that links runners with exploring and giving back. We sat down to speak with Spandorfer to discuss the history of the brand, the role funding from Assembled Brands played in its growth, and its commitment to social impact.  

Federal Reserve Bank of Kansas City President Jeffrey Schmid spoke at Secured Finance Network’s Independent Finance Roundtable in Missouri earlier this week.

“Our understanding of current and developing economic conditions is informed by direct, local engagement with the industries and geographies that make up the American economy,” Schmid said. “Events like this one today play an important role in the process.”

When asked, “Is technology empowering or overshadowing expertise in asset-based lending?” the answer is simple: Yes.

We’re in an era where technology’s efficiency and human expertise should work together, and if balanced thoughtfully, we can absolutely have both. But this requires intention. As we lean into technology, we must preserve the critical thinking that defines the art of ABL.