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.

Trojan Terminated as CFA CEO, Gumbrecht Named Interim Manager

The Commercial Finance Association executive committee voted to terminate Bob Trojan as the organization’s CEO. Richard Gumbrecht has been retained as interim manager.

CFA’s Q3/16 ABL Index Reveals Increased Commitments

The Commercial Finance Association Q3/16 ABL Index shows growth and increased activity on multiple fronts. For larger lenders, commitments and asset-based loans outstanding were up.

CFA Elects 2017 Executive Committee

The Commercial Finance Association elected its new executive committee for its fiscal year 2017, which began on October 1.

CFA: Asset-Based Finance Index Reflects Steady Market in Q3/2015

Total committed credit lines increased slightly in the 3rd quarter of 2015 while credit line utilization dropped, according to the Commercial Finance Association, which released its latest Quarterly Asset-Based Lending Index.