Allied Affiliated Funding announced that Kimberly Smotherman has joined the company, serving as the division’s Chief Credit Officer. Smotherman will be responsible for credit risk management and portfolio oversight. “With more than 20 years’ in transportation and over ten years in factoring, focused on underwriting and credit risk management, Kimberly’s knowledge and leadership bring a unique skillset that will give us an even greater advantage as we continue to grow in the marketplace,” said Merritt-Parikh, President of the Factoring and ABL division. “We’re excited to have her on our team to further help our company, our employees, and our clients succeed.” Smotherman added, “Allied Affiliated Funding is a great company. I am very happy to be a part of this team.”

Prior to joining Allied, Smotherman was the Chief Operating Officer/Risk Management Lead of Power Funding, Ltd. where she oversaw the underwriting department and risk/credit management.  Before then, she was the Corporate Manager at Swan Transportation Services, LLC for 11 years where she became a Transportation Intermediaries Association Certified Transportation Broker.  Smotherman has worked in the banking industry in the Operations and Lending departments and was the youngest bank employee to attend and graduate from the Bank Operations Institute at the former East Texas State University in Commerce, Texas.  She attended Kilgore College with Business Management and Accounting as her major areas of study.  Smotherman also holds the CAEF certification from the International Factoring Association.