Kimberly Smotherman joined Allied Affiliated Funding as chief credit officer, factoring and asset-based lending. Smotherman is responsible for credit risk management and portfolio oversight.
“With more than 20 years in transportation and over 10 years in factoring, focused on underwriting and credit risk management, Kimberly’s knowledge and leadership bring a unique skill set that will give us an even greater advantage as we continue to grow in the marketplace,” Gen Merritt-Parikh, president of the factoring and ABL division at Allied Affiliated Funding, said. “We’re excited to have her on our team to further help our company, our employees and our clients succeed.”
Prior to joining Allied, Smotherman was the chief operating officer/risk management lead of Power Funding, where she oversaw the underwriting department and risk/credit management. Before then, she spent 11 years as corporate manager at Swan Transportation Services, where she became a Transportation Intermediaries Association Certified Transportation Broker.
Allied Affiliated Funding, a division of Axiom Bank, specializes in factoring and ledgered asset-based lending, providing credit facilities including accounts receivable financing, inventory, equipment, real estate and term loans.
“Allied Affiliated Funding is a great company,” Smotherman said. “I am very happy to be a part of this team.”