Cheryl Mayo has been in the commercial finance industry for more than 25 years, experiencing the changes and progressions of factoring and asset-based lending firsthand.

Throughout her career, Mayo has continuously taken on more responsibilities within each role she has held. Prior to joining Haversine Funding in August 2021, she managed her own portfolio of factoring accounts at Allied Affiliated Funding (Axiom Bank) and was also responsible for the company’s ABL transactions and special assets/workouts while training operations team members and others in the organization. She also effectively oversaw the operations department for Allied Affiliated Funding and implemented more efficient workflows as its portfolio grew. She also could always be counted on to mentor other associates that went to her for help, feedback or just a different perspective.

As a director at Haversine Funding, Mayo has taken on various lender finance initiatives and built out additional processes while also implementing a new loan system. She continues to help her clients with new ideas and guidance to improve their platforms, becoming their sounding board in many situations. In the last year alone, in addition to her day-to-day responsibilities, Mayo has overseen loan system selection and implementation, developed new operational processes and system integrations, and developed KPI and trend reporting for internal use by various lender client portfolios, with her focus always centered on finding efficiencies.

Mayo was one of the first members of the commercial finance industry to receive the certified accounting executive in factoring (CAEF IFA) designation, which she maintains today. With this expertise and more at her disposal, she has become a light for others, be it clients or colleagues, both inside and outside Haversine Funding.