Woodbury joined First Business in 2017 as part of the Commercial Lending Team and served in a variety of positions. In the fall of 2018, he accepted a newly created position within First Business’ Equipment Finance Group. Spencer began as a Credit and Sales Support Specialist, and over time he assumed additional responsibilities with a promotion in early 2020 to Team Lead.
In his current role, he manages a group of professionals who are responsible for credit processing and risk management, underwriting, documentation review and approval and prefunding audit work on small ticket loan and lease transactions.
Sale-leasebacks are common in the industry, but these transactions can cause accounting issues under ASC 842. Shawn Halladay outlines the key issues and accounting requirements surrounding this product as well as strategies to overcome potential obstacles. Customers enter sale-leasebacks for... read more
The CEMC New York Forum focused on the New Age of Customer Experience in Fintech, featuring visionary speakers who shared cases of digital transformation. We are living in the Age of the Customer, and technology is transforming the way lenders... read more