The American Association of Commercial Finance Brokers elected Michael Hong of Taycor Financial and Kalah Sprabeary of HUB Funding Solutions as new members of its board of directors and elected Teresa Thacker of Brahma Lending and Leasing as a new vice president. The AACFB elected Hong and Sprabeary to director-at-large positions. They will begin their service in their new positions in May.
“I am pleased to welcome the newest members to our board of directors,” Cindy Downs, current president of the AACFB, said. “They will both bring valuable perspectives, which will benefit all AACFB members. I also want to thank AACFB past presidents Paul Burnham and Bud Callahan for their dedication and service to the AACFB as they complete their terms on the board.”
Hong is the president and CEO of Taycor Financial. He is also a board member for the company. He began his career in the equipment finance industry as a teenager in the mail room, and over the last 20 years has accumulated a lifetime of lessons by working for and with inspiring mentors.
Hong is originally from Texas and started his career in equipment finance for a company in Georgia. He worked his way through various sales and business development roles before relocating to California in 2011 and accepting a role as director of business development at Taycor. In that role, Hong was responsible for the company’s development of several key technologies and process improvements that led to the organization’s year-over-year record growth. He was promoted to president and CEO of Taycor in 2015 and has continued to grow and evolve the company’s capabilities and product offerings.
Sprabeary is co-owner of HUB Funding Solutions and has been involved in the alternative financing sector as a broker and prior direct lender since 2013. HUB offers brokerage services including equipment, working capital and accounts receivable finance. While the company’s foundation is in the industrial sector, Sprabeary has worked with her team to provide services for a variety of businesses.
Sprabeary was raised in the Lubbock, TX, area and graduated from Texas Tech University. Her experience in industries such as oil and gas, agriculture, construction and real estate has provided a depth of direct industry knowledge. During her professional career, Sprabeary has been active on multiple boards in associations across various industries and networking groups. She often participates with the AACFB in speaking engagements and panels in addition to working in the background with the board to coordinate events for the organization.
2021-2022 AACFB Board of Directors
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