CFA Report: Secured Financings Fuel Over 1MM U.S. Businesses

The Commercial Finance Association Education Foundation released the findings of a comprehensive study of the scope and impact of the secured commercial finance market in the U.S.

Meyers Named President of TMA Chicago/Midwest Chapter

Robert Meyers of Republic Business Credit will act as the 2019 President of the Chicago/Midwest Chapter of the Turnaround Management Association as it enters its 28th year.

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.

AlixPartners’ Managing Director Basler Named Chair of IWIRC

Carrianne Basler, a managing director in AlixPartners’ Turnaround and Restructuring practice, was named chair of the 2018-2019 Board of Directors of the International Women’s Insolvency and Restructuring Confederation.

TMA Global Elects Hampton as 2019 President

TMA Global has elected Jeffrey C. Hampton, Esq., partner at the law firm Saul Ewing Arnstein & Lehr as 2019 TMA Global President. Hampton’s term begins January 1. Kevin A. Krakora will transition to chair, and Milly Chow to immediate-past chair.

IFA Launches Midwest Chapter, Gala Reception Planned

The International Factoring Association formed a U.S.-based Midwest Chapter. Laurie A. Montplaisir, a shareholder with Robbins, Salomon & Patt, founded the chapter which spans 10 states.

CFA Awards Gold 2018 Leadership Award in ABL & Factoring Industry

Steven Gold, president and CEO of Allied Financial, has been named the Commercial Finance Association 2018 Leadership Award Recipient.

6th Avenue Capital, BlueVine and Fundbox Join ILPA

6th Avenue Capital, Bluevine and Fundbox have joined the Innovative Lending Platform Association, an organization made up of the nation’s leading online small business lending platforms