Allied Affiliated Funding Appoints Kimberly Smotherman, Chief Credit Officer, Factoring & ABL

Allied Affiliated Funding is pleased to announce that Kimberly Smotherman joined the company in February 2020, serving as the division’s Chief Credit Officer. Smotherman will be responsible for credit risk management and portfolio oversight. “With more than 20 years’ in transportation and over ten years in factoring, focused on underwriting and credit risk management, Kimberly’s knowledge and leadership bring a unique skillset that will give us an even greater advantage as we continue to grow in the marketplace,” said Merritt-Parikh, President of the Factoring and ABL division. “We’re excited to have her on our team to further help our company, our employees, and our clients succeed.” Smotherman added, “Allied Affiliated Funding is a great company. I am very happy to be a part of this team.”

Prior to joining Allied, Smotherman was the Chief Operating Officer/Risk Management Lead of Power Funding, Ltd. where she oversaw the underwriting department and risk/credit management.  Before then, she was the Corporate Manager at Swan Transportation Services, LLC for 11 years where she became a Transportation Intermediaries Association Certified Transportation Broker.  Smotherman has worked in the banking industry in the Operations and Lending departments and was the youngest bank employee to attend and graduate from the Bank Operations Institute at the former East Texas State University in Commerce, Texas.  She attended Kilgore College with Business Management and Accounting as her major areas of study.  Smotherman also holds the CAEF certification from the International Factoring Association. 

ABOUT ALLIED AFFILIATED FUNDING

Allied Affiliated Funding, a division of Axiom Bank, N.A., specializes in factoring and ledgered asset-based lending, providing credit facilities including accounts receivable financing, inventory, equipment, real estate and term loans. Allied Affiliated Funding partners with bankers, business brokers and other referral sources to create a win-win situation for customers. With over 27 years in business, Allied is one of the most highly respected, longest-tenured, factoring companies in the industry. Axiom Bank N.A., a nationally chartered bank headquartered in Orlando, Florida, serves the financial needs of its customers through a wide range of banking solutions and a commitment to exceptional service. The bank has a rich history dating back to 1963. By definition, “axiom” means “a universally recognized truth” – the name exemplifies the bank’s principles of truth, trust, value, convenience, and service excellence. Axiom Bank holds the SBA Preferred Lender status and specializes in commercial loans, treasury management and other merchant services. Axiom is constantly working to expand its services and products and provides consumer banking through 21 branches to conveniently serve local communities.

For more information about Allied, visit our website at www.FundingByAllied.com.