Congressman Lucas introduced the Capital Access for Small Businesses Harmonization Act or the CASH Act. The CASH ACT will establish clear disclosures of key terms that factors can provide to small businesses at the time of establishment of the...
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September 20, 2024, 05:00 AM
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Oxford Commercial Finance, a subsidiary of Oxford Bank, announced its Senior Vice President and Managing Director, Robyn Barrett, has been named incoming president of the American Factoring Association (AFA) for a two-year term.Barrett has been an...
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June 01, 2023, 07:55 AM
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The Consumer Financial Protection Bureau (CFPB) has finalized the rule to implement changes made by Section 1071 of the Dodd-Frank Act that requires lenders to collect and report information about small business credit applications. The final rule...
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April 05, 2023, 07:51 AM
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The American Factoring Association (AFA) recently filed comments with the Office of General Counsel, New York State Department of Financial Services regarding proposed rulemaking implementing S 5470-B (23 NYCRR 600) or Disclosure Requirements for...
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November 22, 2022, 07:23 AM
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The American Factoring Association (AFA) announced the retirement of Allen Frederic, their first Board President and long-serving board member. Frederic was instrumental in the formation of the AFA in 2009 and served as Board President for twelve...
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October 17, 2022, 07:39 AM
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The International Factoring Association (IFA) announced that after many years of advocating for the factoring community by the American Factoring Association (“AFA”), the Consumer Financial Protection Bureau (“CFPB”) has announced that its proposed...
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September 09, 2021, 07:55 AM
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