The COVID-19 pandemic is historically unprecedented, but its effects on the financial world are not wholly unique. Hugh Larratt-Smith uses the turn of the 20th century as a historical parallel and speaks with several prominent members of the asset-based lending community to get their thoughts on how the market will develop during the second half of 2021 as the pandemic (hopefully) recedes.
Encina Business Credit promoted Tron Allen to chief commercial officer. Rob McMahon, who was serving as interim chief commercial officer for the company, will return to his prior role as chief operating officer at Encina Capital Partners.
Barry Vecker joined Encina Business Credit’s business development team as a managing director. Vecker is an asset-based lending finance professional with more than 25 years of experience in new deal originations, underwriting and portfolio management.