Daily News: December 10, 2012

IFA Hires Auchinachie as Director of Development

The International Factoring Association (IFA) announced that Darla Auchinachie has joined the organization as director of Development.

Her duties will include managing the Account Executive Certification Program, working with attorneys to establish Legal Compendium, facilitating IFA classes and assisting new and experienced factors, banks and lenders to improve their knowledge base and operational efficiency through personalized consulting. Additionally, she will work with other factoring organizations globally to promote the industry and explore issues that affect the factoring community.

She is involved in the IFA’s annual conferences and educational seminars as a guest speaker and panelist. “We’re very excited to have her aboard,” said Bert Goldberg, executive director. “This newly created position will increase our capability to grow our membership and serve our members.”

Immediately prior to joining the IFA, Auchinachie was vice president at Bridge Bank in San Jose, CA. She led a team that managed a segment of the ABL Portfolio in Bridge Bank’s Capital Finance Division, with client facilities ranging from $1 million to $15 million, including early stage and established companies.

Auchinachie has also provided consulting services to commercial finance companies focusing on best practices in portfolio management.

IFA members include factoring companies, asset-based lenders and other receivables finance companies.