The Commercial Finance Association announced that Bob Trojan has, effective immediately, discontinued his affiliation with CFA and Richard Gumbrecht has been appointed Interim CEO.
Gumbrecht was most recently the Chief Growth Officer at EverBank...
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January 25, 2017, 08:00 AM
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Total committed credit lines increased slightly in the 3rd quarter of 2015 while credit line utilization dropped, according to the Commercial Finance Association (CFA), which released its latest Quarterly Asset-Based Lending (ABL) Index. This data...
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January 11, 2016, 07:26 AM
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U.S. businesses showed signs they were looking to grow in the first quarter of the year as the Commercial Finance Association (CFA) released its Quarterly Asset-Based Lending (ABL) Index Q1 2015, showing American businesses utilized 42.2% of their...
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June 17, 2015, 07:33 AM
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The Commercial Finance Association (CFA) has announced its new Executive and Management Committees for its Fiscal Year 2015. The Committees, comprised of key leaders in the commercial finance industry, will guide the Association, make policy...
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October 03, 2014, 07:04 AM
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Hopeful signs for the economy emerged as the Commercial Finance Association (CFA) released its Quarterly Asset-Based Lending (ABL) Index Q2 2014, showing that U.S. businesses utilized 43.1% of their credit lines during the 2nd quarter, a significant...
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August 25, 2014, 07:04 AM
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The Commercial Finance Association (CFA) announced the appointment of Michael Maiorino as President of the Association. Maiorino was selected by the CFA Board of Directors to succeed NewStar's Michael Haddad, who became CFA Chairman."Mike's...
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October 08, 2013, 07:29 AM
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The Commercial Finance Association (CFA), the trade group representing the asset-based lending and factoring industries, released the following statement from CEO Robert Trojan regarding proposed capital requirements for the United States’ largest...
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July 12, 2013, 07:46 AM
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A new report released by the Commercial Finance Association (CFA) shows asset-based lenders increased their total credit commitments to U.S.business by 2.0% during the fourth quarter of 2012 and by 6.7% over the past year. Asset-based lenders also...
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March 12, 2013, 07:54 AM
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The Commercial Finance Association established a formal certification process for asset-based lending and factoring professionals. This new program, developed in conjunction with CFA's Education Committee with input from CFA members and other...
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December 12, 2012, 07:16 AM
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