- Karen Marino Joins JPalmer Collective as Head of Risk Management
- Back To The Future – The Advent Of Re-Shoring And Its Impact On Secured Financing
- M&A Market Set to Broaden as Confidence Surges
- Celebrating the Achievements of SFNet Chapters
- Saks Mulls Bankruptcy After Raising Billions for Turnaround
-
Karen Marino Joins JPalmer Collective as Head of Risk Management
Jan 8, 2026
JPalmer Collective (JPC), an asset-based lending firm dedicated to funding high-growth, women-led, and natural products companies today announced that Karen Marino has joined the firm as Head of Risk Management. Karen will work closely with JPC’s credit teams to underwrite and manage client relationships, helping the firm thoughtfully identify, assess, and mitigate risk as it continues to grow.
-
Back To The Future – The Advent Of Re-Shoring And Its Impact On Secured Financing
Jan 6, 2026Over the past three decades, we have witnessed a shift in manufacturing sourcing strategies, moving from domestic to global, to near-shoring, and now back to domestic sourcing. -
M&A Market Set to Broaden as Confidence Surges
Jan 6, 2026After a year of economic uncertainty and headline-grabbing megadeals, Citizens’ 15th annual M&A Outlook points to a broader U.S. dealmaking landscape in 2026. Optimism among leaders at U.S. middle market companies and private equity firms has hit a six-year high, with 58% calling the current mergers and acquisitions environment strong.
-
Celebrating the Achievements of SFNet Chapters
Jan 5, 2026The Secured Finance Network’s Chapters share highlights from the past year, including golf outings, educational events, and networking activities.
-
Saks Mulls Bankruptcy After Raising Billions for Turnaround
Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people with knowledge of the situation.
-
Field Exams: Evolving Tools, Unchanging Purpose
Dec 22, 2025Field exams may not make headlines, but they’re the unsung heroes of asset-based lending. This article explores how these rigorous, hands-on reviews continue to anchor risk management in a tech-driven world. If you’re a lender seeking deeper insight into collateral quality, evolving risks, and the future of ABL diligence—read on and stay ahead of the curve.
-
Lawrence Ridgway Joins Pathward’s Commercial Finance Team
Dec 18, 2025Pathward®, N.A. (“Pathward”) has appointed Lawrence (“Larry”) Ridgway as Managing Director, Business Development. In this position, Ridgway is responsible for originating and structuring asset-based transactions to lower and middle-market companies throughout Illinois and the Chicagoland area.
-
ABL Market Update – Q3 2025: Resilience in the Face of Macro Bifurcation
Dec 18, 2025In Q3 2025, the asset-based lending (ABL) market continued its cautious rebound amid a complex macroeconomic backdrop marked by uneven sector performance, delayed federal data reporting, and shifting Federal Reserve policy expectations. Data from LSEG LPC and the Secured Finance Network’s (SFNet) Quarterly ABL Survey reveals a stable-to-improving trend in ABL activity—driven by stronger equipment-related investment, opportunistic M&A, and growing demand from liquidity-seeking borrowers in volatile sectors.
-
SFNet Releases Q3 2025 Asset-Based Lending and Confidence Indexes
Dec 18, 2025The Secured Finance Network (SFNet) has released its Q3 2025 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of how the industry has remained strong despite tariff headwinds, a government shutdown, and private credit bankruptcies in the headlines.
-
The All-You-Can-Eat Borrowing Base
Dec 15, 2025A new trend is reshaping asset-based lending (ABL): the bundling of fixed assets into the borrowing base at the same pricing as traditional working capital assets. -
SFNet’s 81st Annual Conference: Innovations and Trends Shaping the Future
Dec 15, 2025SFNet’s 81st Annual Convention at the JW Marriott L.A. LIVE provided an opportunity for SFNet members to share insights on the shifting economy, swap playbooks, and begin charting what the next eighteen to twenty-four months may look like in secured finance. For lenders, advisors, attorneys, appraisers and service providers across the ecosystem, the Convention delivered what SFNet does best – networking, market intelligence and practical tools for navigating an increasingly complex environment. -
Hello to SFNet's New Emerging Leaders Committee Chair, Boudewijn Smit
Dec 11, 2025Meet Boudewijn Smit, the new Chair for SFNet’s Emerging Leaders Program. Boudewijn is a Dutch law qualified attorney working in NautaDutilh’s New York office. While Boudewijn joined the Emerging Leaders Committee in 2023, his impact extends back to 2021 when he helped found the SFNet European Chapter’s YoPro division. Excited to lead the group, Boudewijn shares what motivates him as a person and a leader, his goals for the group moving forward, and who would be on his SFNet Mount Rushmore. -
Secured Finance Certified Professional (SFCP) Spotlight
Dec 11, 2025Stand out as one of the first secured finance professionals to earn your Secured Finance Certified Professional (SFCP) Designation. Other young professionals have taken the initiative to earn their SFCP and are sharing why it is one of the best decisions of their careers.
-
SFNet Chapter Events Roundup
Dec 11, 2025SFNet has 18 local Chapters, offering the opportunity to connect you to the pulse of SFNet’s active communities across the country. While SFNet’s national conferences drive industry-wide dialogue, Chapter events let you dive into regional interests and challenges, providing opportunities to engage with peers who understand your market and build relationships that fuel growth. Many of SFNet’s Chapters have YoPro and NextGen groups with events throughout the year.
-
Looking Back at SFNet's 81st Annual Convention in Los Angeles
Dec 11, 2025One Convention, Infinite Potential
SFNet’s Annual Convention provides unique opportunities for young professionals
The Secured Finance Network’s 81st Annual Convention, held November 11-13 in Los Angeles, provided the perfect opportunity for young professionals to accelerate their career growth. From community service events to networking opportunities to career-defining sessions, the conference boasted multiple chances for young professionals to network and learn. Here, Katherine Seghers, VP, senior accountant, Republic Business Credit, provides an event recap. -
Winter Is Coming: What We Learned About Preparing for a Cooling Economy
Dec 10, 2025A South Florida SFNet chapter event on September 17, “Winter is Coming: How to Prepare for a Cooling Economy,” was an in-depth panel presentation moderated by Chris Gouskos from Gibraltar Business Capital. The panelists shared practical ways lenders can protect their institutions and their clients as economic uncertainty builds. Together, they examined how deals are originated, managed, and, when necessary, restructured.
-
Cambridge Savings Bank Appoints Cal Navatto as Senior Vice President, Senior Asset-Based Lending Relationship Manager
Dec 10, 2025
Cambridge Savings Bank (CSB) today announced that W. Calvin “Cal” Navatto has joined the Bank as Senior Vice President, Senior Asset-Based Lending (ABL) Relationship Manager within its Commercial Division. In this role, Navatto will focus on expanding CSB’s asset-based lending portfolio, deepening relationships with middle-market companies, and supporting the continued growth of the Bank’s ABL business.
-
Moritt Hock & Hamroff Expands New York Corporate, Creditors' Rights and Litigation Capabilities with Addition of Walter Siegel, Kristina M. Sgambati and Joseph A. Famulari II
Dec 10, 2025Moritt Hock & Hamroff, a New York headquartered commercial law firm, today announced the addition of attorneys Walter Siegel, Kristina M. Sgambati and Joseph A. Famulari II. Siegel joins the firm's Corporate, Dispute Resolution and Litigation practices as counsel in its New York City office while Sgambati and Famulari join the firm's Litigation practice as associates in its Garden City office.
-
Wingspire Capital Promotes Will Bence to Head of Originations
Dec 8, 2025Wingspire Capital has announced the promotion of Will Bence to Senior Managing Director, Head of Originations. Bence joined Wingspire in 2020, shortly after the firm was founded, and will now lead the national team of best-in-class business development professionals. He brings nearly 20 years of experience in both the bank and non-bank lending markets.
-
Built-In Discipline: How Asset-Based Lending Stays Secure and Efficient Amid Emerging Risk
Dec 8, 2025In today’s volatile financial landscape, asset-based lending stands out as a resilient and adaptable solution for both borrowers and lenders. The data says it all: according to SFNet’s Annual Asset-Based Lending Survey, losses on asset-based lending loans have averaged less than 10 basis points per year over the past three years. Unlike unsecured lending, ABL is anchored in tangible collateral (receivables, inventory, equipment, and more) providing a layer of security that is especially valuable when markets are unpredictable. But the true strength of ABL lies not just in the assets themselves, but in the discipline and oversight embedded throughout the lending process.
-
Karen Marino Joins JPalmer Collective as Head of Risk Management
Jan 8, 2026
JPalmer Collective (JPC), an asset-based lending firm dedicated to funding high-growth, women-led, and natural products companies today announced that Karen Marino has joined the firm as Head of Risk Management. Karen will work closely with JPC’s credit teams to underwrite and manage client relationships, helping the firm thoughtfully identify, assess, and mitigate risk as it continues to grow.
-
Back To The Future – The Advent Of Re-Shoring And Its Impact On Secured Financing
Jan 6, 2026Over the past three decades, we have witnessed a shift in manufacturing sourcing strategies, moving from domestic to global, to near-shoring, and now back to domestic sourcing. -
M&A Market Set to Broaden as Confidence Surges
Jan 6, 2026After a year of economic uncertainty and headline-grabbing megadeals, Citizens’ 15th annual M&A Outlook points to a broader U.S. dealmaking landscape in 2026. Optimism among leaders at U.S. middle market companies and private equity firms has hit a six-year high, with 58% calling the current mergers and acquisitions environment strong.
-
Celebrating the Achievements of SFNet Chapters
Jan 5, 2026The Secured Finance Network’s Chapters share highlights from the past year, including golf outings, educational events, and networking activities.
-
Saks Mulls Bankruptcy After Raising Billions for Turnaround
Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people with knowledge of the situation.
-
Field Exams: Evolving Tools, Unchanging Purpose
Dec 22, 2025Field exams may not make headlines, but they’re the unsung heroes of asset-based lending. This article explores how these rigorous, hands-on reviews continue to anchor risk management in a tech-driven world. If you’re a lender seeking deeper insight into collateral quality, evolving risks, and the future of ABL diligence—read on and stay ahead of the curve.
-
Lawrence Ridgway Joins Pathward’s Commercial Finance Team
Dec 18, 2025Pathward®, N.A. (“Pathward”) has appointed Lawrence (“Larry”) Ridgway as Managing Director, Business Development. In this position, Ridgway is responsible for originating and structuring asset-based transactions to lower and middle-market companies throughout Illinois and the Chicagoland area.
-
ABL Market Update – Q3 2025: Resilience in the Face of Macro Bifurcation
Dec 18, 2025In Q3 2025, the asset-based lending (ABL) market continued its cautious rebound amid a complex macroeconomic backdrop marked by uneven sector performance, delayed federal data reporting, and shifting Federal Reserve policy expectations. Data from LSEG LPC and the Secured Finance Network’s (SFNet) Quarterly ABL Survey reveals a stable-to-improving trend in ABL activity—driven by stronger equipment-related investment, opportunistic M&A, and growing demand from liquidity-seeking borrowers in volatile sectors.
-
SFNet Releases Q3 2025 Asset-Based Lending and Confidence Indexes
Dec 18, 2025The Secured Finance Network (SFNet) has released its Q3 2025 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of how the industry has remained strong despite tariff headwinds, a government shutdown, and private credit bankruptcies in the headlines.
-
The All-You-Can-Eat Borrowing Base
Dec 15, 2025A new trend is reshaping asset-based lending (ABL): the bundling of fixed assets into the borrowing base at the same pricing as traditional working capital assets. -
SFNet’s 81st Annual Conference: Innovations and Trends Shaping the Future
Dec 15, 2025SFNet’s 81st Annual Convention at the JW Marriott L.A. LIVE provided an opportunity for SFNet members to share insights on the shifting economy, swap playbooks, and begin charting what the next eighteen to twenty-four months may look like in secured finance. For lenders, advisors, attorneys, appraisers and service providers across the ecosystem, the Convention delivered what SFNet does best – networking, market intelligence and practical tools for navigating an increasingly complex environment. -
Hello to SFNet's New Emerging Leaders Committee Chair, Boudewijn Smit
Dec 11, 2025Meet Boudewijn Smit, the new Chair for SFNet’s Emerging Leaders Program. Boudewijn is a Dutch law qualified attorney working in NautaDutilh’s New York office. While Boudewijn joined the Emerging Leaders Committee in 2023, his impact extends back to 2021 when he helped found the SFNet European Chapter’s YoPro division. Excited to lead the group, Boudewijn shares what motivates him as a person and a leader, his goals for the group moving forward, and who would be on his SFNet Mount Rushmore. -
Secured Finance Certified Professional (SFCP) Spotlight
Dec 11, 2025Stand out as one of the first secured finance professionals to earn your Secured Finance Certified Professional (SFCP) Designation. Other young professionals have taken the initiative to earn their SFCP and are sharing why it is one of the best decisions of their careers.
-
SFNet Chapter Events Roundup
Dec 11, 2025SFNet has 18 local Chapters, offering the opportunity to connect you to the pulse of SFNet’s active communities across the country. While SFNet’s national conferences drive industry-wide dialogue, Chapter events let you dive into regional interests and challenges, providing opportunities to engage with peers who understand your market and build relationships that fuel growth. Many of SFNet’s Chapters have YoPro and NextGen groups with events throughout the year.
-
Looking Back at SFNet's 81st Annual Convention in Los Angeles
Dec 11, 2025One Convention, Infinite Potential
SFNet’s Annual Convention provides unique opportunities for young professionals
The Secured Finance Network’s 81st Annual Convention, held November 11-13 in Los Angeles, provided the perfect opportunity for young professionals to accelerate their career growth. From community service events to networking opportunities to career-defining sessions, the conference boasted multiple chances for young professionals to network and learn. Here, Katherine Seghers, VP, senior accountant, Republic Business Credit, provides an event recap. -
Winter Is Coming: What We Learned About Preparing for a Cooling Economy
Dec 10, 2025A South Florida SFNet chapter event on September 17, “Winter is Coming: How to Prepare for a Cooling Economy,” was an in-depth panel presentation moderated by Chris Gouskos from Gibraltar Business Capital. The panelists shared practical ways lenders can protect their institutions and their clients as economic uncertainty builds. Together, they examined how deals are originated, managed, and, when necessary, restructured.
-
Cambridge Savings Bank Appoints Cal Navatto as Senior Vice President, Senior Asset-Based Lending Relationship Manager
Dec 10, 2025
Cambridge Savings Bank (CSB) today announced that W. Calvin “Cal” Navatto has joined the Bank as Senior Vice President, Senior Asset-Based Lending (ABL) Relationship Manager within its Commercial Division. In this role, Navatto will focus on expanding CSB’s asset-based lending portfolio, deepening relationships with middle-market companies, and supporting the continued growth of the Bank’s ABL business.
-
Moritt Hock & Hamroff Expands New York Corporate, Creditors' Rights and Litigation Capabilities with Addition of Walter Siegel, Kristina M. Sgambati and Joseph A. Famulari II
Dec 10, 2025Moritt Hock & Hamroff, a New York headquartered commercial law firm, today announced the addition of attorneys Walter Siegel, Kristina M. Sgambati and Joseph A. Famulari II. Siegel joins the firm's Corporate, Dispute Resolution and Litigation practices as counsel in its New York City office while Sgambati and Famulari join the firm's Litigation practice as associates in its Garden City office.
-
Wingspire Capital Promotes Will Bence to Head of Originations
Dec 8, 2025Wingspire Capital has announced the promotion of Will Bence to Senior Managing Director, Head of Originations. Bence joined Wingspire in 2020, shortly after the firm was founded, and will now lead the national team of best-in-class business development professionals. He brings nearly 20 years of experience in both the bank and non-bank lending markets.
-
Built-In Discipline: How Asset-Based Lending Stays Secure and Efficient Amid Emerging Risk
Dec 8, 2025In today’s volatile financial landscape, asset-based lending stands out as a resilient and adaptable solution for both borrowers and lenders. The data says it all: according to SFNet’s Annual Asset-Based Lending Survey, losses on asset-based lending loans have averaged less than 10 basis points per year over the past three years. Unlike unsecured lending, ABL is anchored in tangible collateral (receivables, inventory, equipment, and more) providing a layer of security that is especially valuable when markets are unpredictable. But the true strength of ABL lies not just in the assets themselves, but in the discipline and oversight embedded throughout the lending process.
-
Karen Marino Joins JPalmer Collective as Head of Risk Management
Jan 8, 2026
JPalmer Collective (JPC), an asset-based lending firm dedicated to funding high-growth, women-led, and natural products companies today announced that Karen Marino has joined the firm as Head of Risk Management. Karen will work closely with JPC’s credit teams to underwrite and manage client relationships, helping the firm thoughtfully identify, assess, and mitigate risk as it continues to grow.
-
Back To The Future – The Advent Of Re-Shoring And Its Impact On Secured Financing
Jan 6, 2026Over the past three decades, we have witnessed a shift in manufacturing sourcing strategies, moving from domestic to global, to near-shoring, and now back to domestic sourcing. -
M&A Market Set to Broaden as Confidence Surges
Jan 6, 2026After a year of economic uncertainty and headline-grabbing megadeals, Citizens’ 15th annual M&A Outlook points to a broader U.S. dealmaking landscape in 2026. Optimism among leaders at U.S. middle market companies and private equity firms has hit a six-year high, with 58% calling the current mergers and acquisitions environment strong.
-
Celebrating the Achievements of SFNet Chapters
Jan 5, 2026The Secured Finance Network’s Chapters share highlights from the past year, including golf outings, educational events, and networking activities.
-
Saks Mulls Bankruptcy After Raising Billions for Turnaround
Saks Global Enterprises, facing limited options ahead of a more than $100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort, according to people with knowledge of the situation.
-
Field Exams: Evolving Tools, Unchanging Purpose
Dec 22, 2025Field exams may not make headlines, but they’re the unsung heroes of asset-based lending. This article explores how these rigorous, hands-on reviews continue to anchor risk management in a tech-driven world. If you’re a lender seeking deeper insight into collateral quality, evolving risks, and the future of ABL diligence—read on and stay ahead of the curve.
-
Lawrence Ridgway Joins Pathward’s Commercial Finance Team
Dec 18, 2025Pathward®, N.A. (“Pathward”) has appointed Lawrence (“Larry”) Ridgway as Managing Director, Business Development. In this position, Ridgway is responsible for originating and structuring asset-based transactions to lower and middle-market companies throughout Illinois and the Chicagoland area.
-
ABL Market Update – Q3 2025: Resilience in the Face of Macro Bifurcation
Dec 18, 2025In Q3 2025, the asset-based lending (ABL) market continued its cautious rebound amid a complex macroeconomic backdrop marked by uneven sector performance, delayed federal data reporting, and shifting Federal Reserve policy expectations. Data from LSEG LPC and the Secured Finance Network’s (SFNet) Quarterly ABL Survey reveals a stable-to-improving trend in ABL activity—driven by stronger equipment-related investment, opportunistic M&A, and growing demand from liquidity-seeking borrowers in volatile sectors.
-
SFNet Releases Q3 2025 Asset-Based Lending and Confidence Indexes
Dec 18, 2025The Secured Finance Network (SFNet) has released its Q3 2025 Asset-Based Lending Index and Lender Confidence Index, offering a snapshot of how the industry has remained strong despite tariff headwinds, a government shutdown, and private credit bankruptcies in the headlines.
-
The All-You-Can-Eat Borrowing Base
Dec 15, 2025A new trend is reshaping asset-based lending (ABL): the bundling of fixed assets into the borrowing base at the same pricing as traditional working capital assets. -
SFNet’s 81st Annual Conference: Innovations and Trends Shaping the Future
Dec 15, 2025SFNet’s 81st Annual Convention at the JW Marriott L.A. LIVE provided an opportunity for SFNet members to share insights on the shifting economy, swap playbooks, and begin charting what the next eighteen to twenty-four months may look like in secured finance. For lenders, advisors, attorneys, appraisers and service providers across the ecosystem, the Convention delivered what SFNet does best – networking, market intelligence and practical tools for navigating an increasingly complex environment. -
Hello to SFNet's New Emerging Leaders Committee Chair, Boudewijn Smit
Dec 11, 2025Meet Boudewijn Smit, the new Chair for SFNet’s Emerging Leaders Program. Boudewijn is a Dutch law qualified attorney working in NautaDutilh’s New York office. While Boudewijn joined the Emerging Leaders Committee in 2023, his impact extends back to 2021 when he helped found the SFNet European Chapter’s YoPro division. Excited to lead the group, Boudewijn shares what motivates him as a person and a leader, his goals for the group moving forward, and who would be on his SFNet Mount Rushmore. -
Secured Finance Certified Professional (SFCP) Spotlight
Dec 11, 2025Stand out as one of the first secured finance professionals to earn your Secured Finance Certified Professional (SFCP) Designation. Other young professionals have taken the initiative to earn their SFCP and are sharing why it is one of the best decisions of their careers.
-
SFNet Chapter Events Roundup
Dec 11, 2025SFNet has 18 local Chapters, offering the opportunity to connect you to the pulse of SFNet’s active communities across the country. While SFNet’s national conferences drive industry-wide dialogue, Chapter events let you dive into regional interests and challenges, providing opportunities to engage with peers who understand your market and build relationships that fuel growth. Many of SFNet’s Chapters have YoPro and NextGen groups with events throughout the year.
-
Looking Back at SFNet's 81st Annual Convention in Los Angeles
Dec 11, 2025One Convention, Infinite Potential
SFNet’s Annual Convention provides unique opportunities for young professionals
The Secured Finance Network’s 81st Annual Convention, held November 11-13 in Los Angeles, provided the perfect opportunity for young professionals to accelerate their career growth. From community service events to networking opportunities to career-defining sessions, the conference boasted multiple chances for young professionals to network and learn. Here, Katherine Seghers, VP, senior accountant, Republic Business Credit, provides an event recap. -
Winter Is Coming: What We Learned About Preparing for a Cooling Economy
Dec 10, 2025A South Florida SFNet chapter event on September 17, “Winter is Coming: How to Prepare for a Cooling Economy,” was an in-depth panel presentation moderated by Chris Gouskos from Gibraltar Business Capital. The panelists shared practical ways lenders can protect their institutions and their clients as economic uncertainty builds. Together, they examined how deals are originated, managed, and, when necessary, restructured.
-
Cambridge Savings Bank Appoints Cal Navatto as Senior Vice President, Senior Asset-Based Lending Relationship Manager
Dec 10, 2025
Cambridge Savings Bank (CSB) today announced that W. Calvin “Cal” Navatto has joined the Bank as Senior Vice President, Senior Asset-Based Lending (ABL) Relationship Manager within its Commercial Division. In this role, Navatto will focus on expanding CSB’s asset-based lending portfolio, deepening relationships with middle-market companies, and supporting the continued growth of the Bank’s ABL business.
-
Moritt Hock & Hamroff Expands New York Corporate, Creditors' Rights and Litigation Capabilities with Addition of Walter Siegel, Kristina M. Sgambati and Joseph A. Famulari II
Dec 10, 2025Moritt Hock & Hamroff, a New York headquartered commercial law firm, today announced the addition of attorneys Walter Siegel, Kristina M. Sgambati and Joseph A. Famulari II. Siegel joins the firm's Corporate, Dispute Resolution and Litigation practices as counsel in its New York City office while Sgambati and Famulari join the firm's Litigation practice as associates in its Garden City office.
-
Wingspire Capital Promotes Will Bence to Head of Originations
Dec 8, 2025Wingspire Capital has announced the promotion of Will Bence to Senior Managing Director, Head of Originations. Bence joined Wingspire in 2020, shortly after the firm was founded, and will now lead the national team of best-in-class business development professionals. He brings nearly 20 years of experience in both the bank and non-bank lending markets.
-
Built-In Discipline: How Asset-Based Lending Stays Secure and Efficient Amid Emerging Risk
Dec 8, 2025In today’s volatile financial landscape, asset-based lending stands out as a resilient and adaptable solution for both borrowers and lenders. The data says it all: according to SFNet’s Annual Asset-Based Lending Survey, losses on asset-based lending loans have averaged less than 10 basis points per year over the past three years. Unlike unsecured lending, ABL is anchored in tangible collateral (receivables, inventory, equipment, and more) providing a layer of security that is especially valuable when markets are unpredictable. But the true strength of ABL lies not just in the assets themselves, but in the discipline and oversight embedded throughout the lending process.


.jpg?sfvrsn=f1093d2a_0)
