SFNet Virtual Convention Starting Nov. 17 to Address Future of Finance

The Secured Finance Network’s 76th Annual Convention, “This Way Forward,” will take place from Nov. 17 to 19 and will cover financial, economic and political disruptions that banks and finance companies face in the midst of a pandemic and the aftermath of the U.S. election.

November 12, 2020 Accord Financial Inc. | Ayesha Rascoe | B. Riley | Bank of America Business Capital | BDO USA | Blank Rome | BMO Harris Bank | CIT | Clear Thinking Group | Conway McKenzie | Danielle DiMartino Booth | David A. Brandon | Fortis Business Advisors | FTI Consulting | Gordon Brothers | Heritage Global Valuations | Hilco Global | Houlihan Lokey | James Mattis | Keybridge Research | Morgan Lewis | Nika White Consulting | North Mill Capital | Otterbourg P.C. | Paul Cronin | Richard Gumbrecht | Santandar Bank | Secured Finance Network | The Alta Group | Thinking Ahead Executive Search | Truist | Wells Fargo Capital Finance Ellie Delany

Secured Lending Q2 Data Reflect Most Volatile Quarter in History

The effect of COVID-19 on the asset-based lending market became apparent in the second quarter as the industry’s most recent data reflect a 24.1% decline in total bank loans and 29.4% drop quarter over quarter in non-bank lending, according to the Secured Finance Network.

September 17, 2020 COVID-19 | Secured Finance Network | SFNet Rita Garwood

Moritt Hock & Hamroff’s Gavrilov Featured in SFNet’s 2020 Top 40 Under 40 List

Julia Gavrilov, counsel in the Garden City, NJ, office of Moritt Hock & Hamroff, was chosen as a recipient of the 2020 Secured Finance Network’s 40 Under 40 Awards. The global award recognizes rising stars in the secured finance industry.

September 11, 2020 Julia Gavrilov | Marc Hamroff | Moritt Hock & Hamroff | Secured Finance Network Phil Neuffer

SFNet: ABL Lenders Experience Q1 Growth Prior to COVID-19 Impact

According to SFNet, total commitments for bank lenders in Q1/20 rose 7.8% compared with Q1/19 but were relatively flat compared with Q4/19. For non-bank lenders, total commitments rose 15.2% compared with Q1/19 but fell 1.8% compared with Q4/19.

June 12, 2020 Richard D. Gumbrecht | Secured Finance Network | SFNet Phil Neuffer

SFNet Survey Finds Total Factoring Volume Fell 8% in 2018-2019 Period

According to a survey from the Secured Finance Network, the factoring industry saw only minor changes in the 2018-2019 time period, except for a significant increase in credit losses, most likely attributable to the competitive environment through 2019.

May 8, 2020 Factoring | Secured Finance Network Phil Neuffer

SFNet: Q4/19 Lending Up, Current Sentiment Uncertain Due to COVID-19

According to data from SFNet, lenders reported asset-based lending to U.S. businesses increased steadily and credit quality remained strong in Q4/19, but the unfolding COVID-19 pandemic is having an unprecedented impact on financial markets.

April 16, 2020 Barry Bobrow | Richard D. Gumbrecht | Secured Finance Network | SFNet Phil Neuffer

North Mill EVP Hernandez Elected to SFNet Executive Committee

Betty Hernandez, executive vice president and CCO of North Mill Capital, has been appointed to the executive committee of Secured Finance Network.

December 19, 2019 Betty Hernandez | North Mill Capital | Secured Finance Network nadine

CFA Rebrands as Secured Finance Network

The Commercial Finance Association has rebranded as Secured Finance Network (SFNet) in time for its 75th anniversary.

July 24, 2019 CFA | Secured Finance Network nadine