I've spent 35 years across the table from secured lenders. I've watched some become legends and watched others get fired. The difference was rarely their spreadsheet skills. The best ones have something in common. They think like Stoics.

Hilco Global announced today that Andrew Hede has joined the company as Vice Chairman of Hilco Global Professional Services. In this role, Mr. Hede will report to David Kurtz, CEO of Hilco Global Professional Services and Vice Chairman of Hilco Global. Mr. Hede will focus on accelerating the continued growth and development of Hilco Global Professional Services, while also driving and originating revenue opportunities across the platform.

For students and early-career professionals exploring finance or accounting careers, asset-based lending field examination offers a path that is hands-on, analytical and surprisingly varied.

In this interview, Bruce Gibson, first vice president, senior relationship manager, Ken Kaestner, director and ABL Group head, and Ron Krauskopf,  executive vice president - head of Specialty Commercial Lending, discuss how Provident Bank is scaling its asset-based and specialty lending capabilities to support middle-market borrowers across New Jersey, eastern Pennsylvania, and New York. They highlight growing demand for flexible working capital solutions, the mainstreaming of ABL in a volatile environment, and Provident’s ability to compete with larger institutions while preserving local decision making and relationship continuity. 

nFusion Capital, a leading provider of financing solutions to small and middle-market businesses, provided an $8 million credit facility to a Midwest-based commercial printing company. The comprehensive financing package is uniquely structured to maximize borrowing capacity, combining an accounts receivable factoring line with complementary loans secured by the Company's inventory and equipment.

The second quarter of 2026 demonstrated the continued resilience of the secured finance market, with 224 deals reported to SFNet's Secured Finance Deal Table. Activity remained broad-based across industries, financing structures and lender types, illustrating the flexibility of asset-based lending, factoring and specialty finance solutions as companies navigated a still-uncertain economic environment.

SFNet’s Mentoring Program has long served as a national member benefit, connecting more than 200 mentoring pairs and supporting professionals as they develop new skills, expand their networks, and advance their careers.

Building on that success, SFNet is introducing a new Reverse Mentoring Program designed to foster two-way learning, strengthen cross-generational connections, and help leaders at every level gain fresh perspectives on the future of secured finance.

JPalmer Collective (JPC), a leading customized asset-based lending solutions provider for high-growth consumer brands, today announced the appointment of Caryn Alexander as Head of Portfolio Management. Alexander brings more than two decades of bank-side credit and portfolio leadership to the role, most recently as Senior Managing Director, Head of ABL Portfolio Management at Webster Bank, where she led a 16-member national team overseeing a $3 billion asset-based lending portfolio.