The International Factoring Association (IFA) announced the Consumer Financial Protection Bureau has announced that its proposed regulation implementing Section 1071 of the Dodd-Frank Act would not be imposed on the factoring industry.
The International Factoring Association appointed five new advisory board members, including Jay Atkins of Seacoast Business Funding, Oscar Rombolà of eCapital, Greg Salomon of Oxygen Funding, George Thorson of Triumph Business Capital and Debra Zukonik of Dare Capital.
The International Factoring Association released its 2021 IFA Business Profile and Performance Survey Industry Report. According to the survey, 36.8% of gross invoices funded during 2020 came from the transportation industry.
Gina Mackenzie of TAB Bank’s business development team was added to the board of directors for the Northeast chapter of the International Factoring Association and will serve as the chairperson for the chapter’s newly formed Women’s Division.
The International Factoring Association added a bonus day of virtual programming to its 27th Annual Factoring Conference, which will now be available to attend virtually or in-person between May 11 and May 15.
The International Factoring Association (IFA), the world’s largest association of commercial finance companies, moved the 27th Annual Factoring Conference from Palm Desert, CA, to Phoenix, AZ.
David Rains, president and founder of Commercial Finance Consultants, passed away last week at the age of 64 due to complications from COVID-19.
The International Factoring Association appointed Meg Roberson, senior vice president and national sales manager for Gulf Coast Business Credit, a new advisory board member.
The International Factoring Association officially formed its southeast chapter this month. The new chapter will serve Florida, Georgia, South Carolina, North Carolina and Southern Virginia.