Former CFA Director Leonard Machlis Passes Away

The Commercial Finance Association’s former executive director, Leonard Machlis, has passed away. He is survived by his wife, Harriet, sons, Steven, Brian and Roger, and his daughters-in-law and grandchildren.

CFA Awards MB Business Capital’s Sharkey Life Time Achievement Award

The Commercial Finance Association awarded Michael D. Sharkey, president of MB Business Capital, its prestigious Life Time Achievement Award.

CFA Survey: New Business Optimism Remains High

According to the CFA Secured Lending Confidence Index, respondents indicated the most optimism for new business demand, followed by business conditions overall, both positive indicators for the U.S. economy.

CFA Honors Top Commercial Finance Pros at 40 Under 40 Awards

On September 20, 2018, the Commercial Finance Association 40 Under 40 Awards honored the achievements of rising stars in the commercial finance industry.

CFA Survey Shows Secured Lender Optimism

The Commercial Finance Association Education Foundation released its inaugural Secured Lending Confidence Index (SLCI).

CFA: Latest Quarterly Index is ‘Significant Indicator of Growth’

The CFA’s latest quarterly Asset-Based Lending Index, indicates that new U.S. ABL loan commitments have risen by 14% compared to the same period last year. The CFA said the data reflects increased optimism and is a significant indicator of growth.

Former CFA Head Charges Whistleblowing Caused Firing

The Huffington Post reported that former CFA head Robert Trojan filed a lawsuit against the CFA and Wells Fargo, charging he was fired after reporting a conflict of interest between Wells and the bank’s auditors, Freed Maxick, to CFA president, Andrea Petro.

CFA Seeks New Executive Director

The Commercial Finance Association is soliciting applications for an executive director position based in New York City.

Philadelphia Credit & Restructuring Summit Slated for March at Union League

The Philadelphia Credit & Restructuring Summit, sponsored by ABF Journal , CFA, TMA and NYIC, will be held on Thursday, March 30, 2017 at The Union League of Philadelphia. Early Bird discounts are available now.

Gumbrecht to Lead Search for New CFA CEO

Newly appointed Commercial Finance Association interim CEO Richard Gumbrecht reached out to members of the organization, providing information on his background and stating his goals and objectives.