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.

CFA: ABLs See Encouraging Signs in Utilization Growth

The CFA reported, according to its Quarterly ABL Index, that U.S. businesses utilized 43.1% of their credit lines during Q2/14, a significant increase from the Q1/13

CFA, IFG Announce Strategic Alliance

The Commercial Finance Association and International Factors Group announced a global alliance that will provide a unified voice to promote the benefits of factoring and asset-based lending to businesses, regulators and policymakers.

Matrix Hires Newest Team Member, Announces Promotion

Matrix Capital Markets hired David M. Keys as vice president and promoted Cedric C. Fortemps to director. Keys previously worked with business and government services, IT and healthcare services companies. Fortemps has been with Matrix since he started his career upon college graduation.