Despite economic twists and turns in 2023, the asset-based lending market experienced growth in commitments of working capital, according to the Secured Finance Network, which noted that while there were fewer new client deals last year than in 2022, deals were larger in size. read more
APR 22, 2024 - 6:46 am
The resilience of the asset-based lending market continued in Q4/23, with lenders holding on to positive sentiment against the backdrop of an uneven economy while closely watching portfolios in 2024, according to data released by the Secured Finance Network. read more
APR 12, 2024 - 6:19 am
The asset-based lending market held steady in Q3/23 amid positive developments in the U.S. economy, such as easing inflation, strong consumer spending and a solid job market, according to data released by the Secured Finance Network. read more
JAN 5, 2024 - 6:30 am
Confidence in the asset-based lending market in the second quarter was driven by hopes of a soft landing for the U.S. economy, according to data released by the Secured Finance Network. read more
SEP 28, 2023 - 5:20 am
According to data from the Secured Finance Network, Q4/23 was marked by steady confidence in the ABL industry, with lenders maintaining a positive outlook despite persistent inflation and rising interest rates. read more
APR 14, 2023 - 7:00 am
According to the Secured Finance Network, since new California disclosure rules were implemented in December 2022, 40% of respondents were found to be “no longer lending” to prospective borrowers who fall within the regulations’ threshold of less than $500,000. read more
MAR 22, 2023 - 7:18 am
According to data released by the Secured Finance Network (SFNet), asset-based lenders proved resilient in the second quarter despite the economic pain of surging inflation and rising interest rates. read more
SEP 21, 2022 - 7:45 am
According to data released by the Secured Finance Network in its quarterly asset-based lending index and SFNet confidence index, confidence in the asset-based lending market was positive in Q1/22, but banks and other lenders are watchful of a fluctuating economy. read more
JUL 11, 2022 - 7:16 am
In Q2/2019, banks experienced the largest quarterly net increase in ABL loan commitments and outstandings since data collection began in 2016, according to the Secured Finance Network. read more
OCT 10, 2019 - 6:50 am
The Commercial Finance Association announced Richard D. Gumbrecht has been appointed CEO. Gumbrecht has served as the immediate past chairman of the Equipment Leasing and Finance Foundation Board of Trustees. read more
SEP 26, 2017 - 7:00 am