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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. -
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.
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Oz Lindley Joins Pathward’s Commercial Finance Team
Dec 4, 2025Pathward®, N.A. (“Pathward” or “the company”) has appointed Oz Lindley as Managing Director, Business Development. In this position, Lindley is responsible for originating and structuring asset-based transactions to lower and middle-market companies throughout the southeast region of the U.S. -
Opening Doors: How SFNet’s Guest Lecture Program Connects Students to Careers in Secured Finance
Dec 3, 2025Launched in 2019, SFNet’s Guest Lecture Program aims to educate and inspire young, diverse talent in the secured finance industry by introducing students to asset-based lending (ABL), factoring, and other secured lending disciplines.In support of this lecture series, the Secured Finance Foundation ("SFFound" or "Foundation") connects industry leaders to undergraduate and graduate finance students. Here, we sat with Jennifer Palmer, CEO, JPalmer Collective, and Sarah Walsh, credit analyst, JPalmer Collective, to discuss how SFNet’s Guest Lecture Program brought them together.
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Building the Future of Asset-Based Lending at SLR Capital Partners: An Interview with Mac Fowle and Cedric Henley
Dec 1, 2025
In October, SLR Capital Partners appointed Mac Fowle as president of Asset-Based Lending. In this newly created role, Fowle leads the expansion of SLR's ABL platform by leveraging his more than 20 years of experience in the ABL industry for U.S. middle market borrowers. Fowle reports to Michael Gross and Bruce Spohler, co-founders of SLR, and Cedric Henley, chief risk officer of Specialty Finance. Prior to joining SLR, Fowle served as global head of Asset-Based Lending for J.P. Morgan Commercial Banking, responsible for leading the ABL group and supporting client financing needs for Commercial & Investment Banking clients.
Here TSL Express sat down with Mac Fowle and Cedric Henley to discuss the new role and first priorities.
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The Cost of Uncertainty
Nov 24, 2025The secured lending industry has had to adjust to a series of exogenous shocks over the last two decades: the Great Financial Crisis (GFC), the COVID-19 pandemic and now fast-changing policies around tariffs and trade. The current environment presents a distinct set of challenges and risks— but many lenders appear to be fighting the last war, applying lessons learned during COVID that may prove ill-suited to this new era of uncertainty.
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The State of Lender Finance
Nov 19, 2025In a rapidly evolving financial landscape, lender finance has emerged as a dynamic and competitive sector. To gain a deeper understanding of the current trends, challenges, and priorities shaping this space, we spoke with five industry veterans: Russell Turley, first vice president, commercial banking team leader, Valley National Bank; Gen Merritt-Parikh, co-CEO, Haversine Funding; Patrick Green, SVP, head of Lender Finance, Flagstar Bank Stewart Hayes, managing director/SVP, Wells Fargo Capital Finance; and JD Gettmann, managing director, head of lender finance, MidCap Financial Services, LLC.
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Renasant Business Credit Announces over $44 Million in New Closings
Nov 18, 2025
Renasant Business Credit is pleased to announce four recent fundings, totaling over $44 million. These new Asset-Based Lines of Credit and Term Loans include an $6.25 million Term and Working Capital facility for a machining and supplier of precision machined components, a $8 million Line of Credit for a processor and distributor of frozen seafood, a $25 million Line of Credit to a provider of private lending services on investment real estate, and facility increase from $15 million to $20 million for a fuel distributor which servs the oil and gas industry.
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Interview with Neil Aaronson, President of Hilco Global
Nov 17, 2025Hilco Global recently announced a strategic transformation designed to position the company for its next stage of growth. The firm has streamlined its 20+ operating companies into two new divisions, Hilco Global Professional Services and Hilco Global Capital Solutions, creating a more integrated platform to deliver comprehensive financial solutions.
As part of this evolution, Neil Aaronson, along with other key executives, will play a central role in driving integration and execution. Here, Neil shares insight into the strategic vision behind the transformation and Hilco Global’s long-term growth goals. -
Strategic Report: U.S. Freight Capacity Shake-Out & Factoring Industry Risk Analysis
Nov 13, 2025The U.S. freight-transportation industry is undergoing one of the most significant structural contractions in its history. Market indicators suggest that up to 600,000 drivers may exit the industry amid suppressed freight volumes, rising operating costs, and persistent margin pressure. This transformation affects the entire transportation ecosystem and poses substantial credit, operational, and fraud risks for factoring companies. -
Asset Based Lending Consultants (ABLC) Acquires Corporate Consulting & Services LLC, Expanding Expertise in Factoring and Due Diligence ABL Field Examinations
Nov 12, 2025Asset Based Lending Consultants (ABLC), a global leader in field examinations and lender support services since 1986, today announced the acquisition of Corporate Consulting & Services LLC (CCS), a respected New York–based consulting and services firm specializing in field examinations for factoring and asset-based lending divisions of banks and financial institutions.
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Navigating the Switch: Practical Considerations in the Transition from Commercial Bank Loans to Private Credit Loans in the Middle Market
Nov 11, 2025Many articles compare syndicated loans and private credit loans as asset classes, often noting the faster execution of private credit lenders and the lower cost of capital in syndicated bank deals. However, these types of articles often skip over the practical challenges that can arise when refinancing a syndicated bank loan with a private credit loan. This article will highlight several of those topics and the related considerations that borrowers in the middle market and lower middle market should keep in mind.
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Mayer Brown Expands Global Leveraged Finance & Private Capital Practice With the Addition of Leading Leveraged Finance and Private Credit Lawyers Frederick Cristman and James Adams
Nov 11, 2025Mayer Brown announced today that Frederick Cristman and James Adams have joined the Washington DC office as partners in the firm’s Global Leveraged Finance and Private Capital Group. They join from Hogan Lovells and bring years of dealmaking experience in complex finance transactions.
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Resilient and Strong: Q3 2025 ABL Market Sets Record Amid Macro Uncertainty
Nov 10, 2025
Amid a backdrop of rapidly changing geopolitical risks, trade policy recalibration, rising concern over the labor market and consumer spending and tepid M&A activity, the U.S. asset-based lending market delivered the highest quarterly volume on record excluding the volume relating to LIBOR cessation in 2023.
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First Citizens Names Mike Spencer Middle Market Banking Leader in Georgia
Nov 7, 2025First Citizens Bank today announced that Mike Spencer has joined the company as Managing Director of Middle Market Banking in Atlanta. In this role, Spencer will expand First Citizens' middle market banking presence throughout Georgia and nearby markets.
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AI Fraud in Lending: The Cannon at Your Gates
Nov 4, 2025Novel AI systems can circumvent existing fraud defenses at scale. New defenses are necessary to protect the safe operation of financial institutions. Lenders must act fast and adapt to new technology to avoid potentially catastrophic losses.
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Betty Hernandez: Leading SFNet with Vision and Dedication
Nov 3, 2025Betty Hernandez, executive vice president and chief credit officer, SLR Business Credit, and incoming SFNet president, shares her career journey and extensive involvement with SFNet. She discusses her priorities as SFNet president and vision for the future of the secured finance industry. -
Valley Bank Appoints Terry M. Keating to Lead Asset-Based Lending Group
Nov 3, 2025Valley National Bank (NASDAQ: VLY) today announced the appointment of Terry M. Keating as Head of Asset-Based Lending (ABL). In this role, Keating will oversee the continued growth and strategic direction of Valley’s ABL platform, which provides flexible financing solutions for middle-market companies across a wide range of industries.
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Reflections on Asset-Based Lending with Mike Scolaro
Oct 29, 2025
In the ever-evolving world of secured lending, few voices resonate as deeply as Mike Scolaro, Group Head of Asset-Based Lending at BMO Commercial Bank. Recently featured on SFNet Presents In The Know with host Barry Bobrow, Scolaro, who has announced he will be retiring in the coming months, shared candid reflections on his career, the transformation of ABL, and what lies ahead for the industry.
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SFNet’s 81st Annual Convention: Building Connections and Strategies for the Future of Secured Finance
Oct 27, 2025Featuring a new Tuesday-Thursday format, with a golf outing on Friday, this year’s SFNet Annual Convention offers unique networking opportunities and timely topical panels to help attendees continue to rise to the challenge. In a time of disruption and transformation, the secured finance community is resilient, innovative, and determined to thrive. The Convention serves as and your opportunity to discover new business prospects, build meaningful connections, and gain critical insights to move your organization forward.
Professional Development Courses
- Live online classes for ABL and Factoring professionals
- On Demand classes in Appraisals, Factoring, Legal, Workout & Bankruptcy
Learn More
