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.

In this installment of our executive interview series, Charlie Perer sits down with past SFNet president Michael Haddad to discuss the current commercial finance hiring market and his unique, self-directed approach to securing his next leadership role, among other topics.

For those who haven't been following, Michael has been sharing insightful weekly updates on LinkedIn about his personal journey in finding his next opportunity.

Quasar Capital is proud to announce the addition of Rob Hydeman as President of Business Credit, a strategic leadership hire that marks a new chapter in Quasar Capital’s evolution as a premier provider of customized commercial finance solutions across the U.S. and Canada.

First Bank is pleased to announce the appointment of Donna Calderaro as Market Executive for its Asset-Based Lending (ABL) business. In this role, she will report to Michael Maiorino, President of ABL and Florida Commercial Banking.

With almost 40 years in commercial finance, including recent roles at Bridgeport Capital and Bay View Funding, and a strong commitment to helping businesses secure working capital, Seidenberger brings substantial industry knowledge to Franklin Capital’s senior team. Here we sat down with Seidenberger to learn more about his new role at Franklin Capital and his predictions for the industry this year.