Newsroom

Welcome to the Commercial Finance Association’s Newsroom. As the leading trade association of the asset-based lending and factoring industries, CFA maintains a comprehensive media relations and public affairs program. In the Newsroom, you can find CFA’s latest press releases, media contacts, and recent news articles related to the CFA and asset-based lending and factoring. 

PRESS RELEASES 

9/23/2016
Commercial Finance Association Honors Recipients of 40 Under 40 Awards: New program recognizes rising stars in commercial finance
The Commercial Finance Association (CFA) honored the recipients of its inaugural 40 Under 40 Awards with a celebration at the Waldorf Astoria in New York City. The Awards program was created to honor the achievements of young commercial finance professionals across the industry.

4/14/2016
Rudy W. Giuliani to Deliver Keynote at Commercial Finance Association 40 Under 40 Awards Celebration
The Commercial Finance Association (CFA) announced today that Rudolph W. Giuliani will give the keynote address at the September 22, 2016 celebration of CFA’s 40 Under 40 Awards Program.

1/7/2016
Q3 2015 CFA Asset-Based Finance Index Reflects Steady Market Conditions
Commercial Finance Association Research Shows Growth in Total Committed Credit Lines

10/2/2015
Commercial Finance Association 2016 Elections
Commercial Finance Association (CFA) Announces New 2016 Leadership Committees

9/16/2015
Latest CFA Asset-Based Finance Index Indicates Growth in U.S. Business
Commercial Finance Association Research Suggests Increased Optimism in the Economy

6/17/2015
U.S. Economy Shows Continued Positive Signs as U.S. Businesses Increase Use of Asset-Based Finance
CFA Lending Index for Q1 2015 Shows Rise in Credit Commitments and Utilization

02/18/2015
CFA Welcomes Albert Spada to 2015 Executive Committee 
Albert Spada, Managing Director, Head of Asset-Based Lending for Santander, Elected to Executive Committee of Commercial Finance Association (CFA), Looks forward to meeting challenges of a global and changing business environment

01/30/2015
First EU Factoring and Commercial Finance Summit
The factoring and commercial finance industry met yesterday in Brussels for the first time ever for a summit aiming at joining forces and developing common solutions to support the real economy.

01/23/2015
Important Court Decision That Could Impact Your UCC Filings
Earlier this week, the United States Court of Appeals for the Second Circuit issued a landmark decision relating to the effectiveness of UCC-3 termination statements where the filing of the termination statement...

12/10/2014
IFG endorsement for the UN Convention on the Assignment of Receivables in International Trade 
IFG welcomes the longtime efforts by UNCITRAL to develop rules and regulations for the harmonization of International Trade Law. Those efforts resulted in the creation of the UN Convention on the Assignment of Receivables in International Trade (New York 2001). UNCITRAL continued its work generating a Legislative Guide on Secured Transactions, and nowadays a Model Law on Secured Transactions.

12/08/2014
CFA Response To ABI Bankruptcy Reform Report
Commercial Finance Association (CFA) and the Loan Syndications & Trading Association (LSTA) Respond to the American Bankruptcy Institute’s Commission to Study the Reform of Chapter 11

12/03/2014
Credit Utilization Continues At Highest Levels in 23 Quarters As U.S. Companies Remain Cautiously Optimistic 
CFA Lending Index for Q3 2014 Shows Credit Utilization at Highest Levels in 23 Quarters

11/13/2014
Despite Election Shifts, Commercial Finance Leaders Forecast Growth In US Economy and Business Borrowing for 2015
Commercial Finance Association (CFA) member survey reveals optimistic outlook based on economic indicators and mid-term election results

11/10/2014
Dr. Ben Bernanke and Sallie Krawcheck To Keynote CFA 70th Annual Convention This Week in Washington DC 
1000+ Commercial Finance Professionals Will Convene for Yearly Discussion of Financial Industry, Global Economic Climate and Future Business Trends

10/10/2014
IFG Introduces New Board Members
IFG announced that two new board members were unanimously elected during its 52nd annual meeting recently held in Malta.

10/03/2014
Commercial Finance Association (CFA) Announces New 2015 Leadership Committees 
Elected by CFA Board of Directors, Executive and Management Committees Provide Direction, Advocacy and Thought Leadership for Commercial Finance Industry

09/12/2014
Cross-Border Lending Continues to Be Key Area For Portfolio Growth for Commercial Finance Firms 
Capacity crowd of senior banking executives attend CFA’s first Cross-Border Lending Summit in New York

09/02/2014
Canadian Finance Professionals To Benefit From New CFA Education Programs
The Commercial Finance Association brings renowned professional development programs to Canada

08/22/2014
Asset-Based Lenders See Encouraging Signs in Credit Utilization Growth 
CFA Lending Index for Q2 2014 Shows Credit Utilization at Highest Levels in 22 Quarters as Many U.S. Companies Remain Optimistic But Cautious

03/06/2014
Former Federal Reserve Chairman Dr. Ben S. Bernanke to Keynote Commercial Finance Association’s Annual Convention 
CFA CEO Robert Trojan Makes Announcement to Attendees of Factoring World

01/30/2014
The Commercial Finance Association Establishes European Chapter 
The Commercial Finance Association (CFA) announced today that it is establishing a new European Chapter to support asset-based lenders doing business in Europe.

01/23/2014
CFA Factoring World Speakers Set, Exhibit Hall Sold Out Early 
The Commercial Finance Association (CFA) has announced that the speakers and agenda have been set for Factoring World, its groundbreaking new event that will bring together industry leaders in the domestic and international factoring, trade finance, supply chain finance and receivable finance industries.

01/02/2014
Asset-Based Lending Gains Allure, But Reg Worries Remain
More and More Banks are Ramping up in Asset-based Lending, Even as Some Fret About Increased Regulatory Scrutiny; In a Q&A, the Head of the Industry's Trade Group Discusses the Latest Trends, What's Keeping his Members up Nights and What to Look for in the Year Ahead

10/08/2013
The Commercial Finance Association Announces Michael Maiorino as President
The Commercial Finance Association (CFA) today 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.

08/19/2013
Statement from Commercial Finance Association (CFA) CEO Robert Trojan
The Commercial Finance Association (CFA) released the the following statement from CEO Robert Trojan regarding capital requirements for financial institutions.

07/11/2013
Statement from Commercial Finance Association Regarding Proposed Capital Requirements for Largest U.S. Banks 
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 banks.

03/11/2013
Asset-Based Lending Index Shows Lenders Further Increasing Credit Commitments to U.S. Businesses
Credit Utilization Dropped in Fourth Quarter as Businesses Hit Brakes Amid Continued Washington Uncertainty

02/19/2013
CFA Files Amicus Brief in Loop 76 Case
CFA has filed an amicus brief supporting the rights of undersecured lenders’ to have deficiency claims classified along with other unsecured claims.

02/05/2013
Commercial Finance Association and International Factors Group Announce Strategic Alliance
Global Alliance Will Provide a Unified Voice to Promote the Benefits of Factoring and Asset-Based Lending to Businesses, Regulators and Policymakers Around the World

03/19/2012
Commercial Finance Association joins other industry associations in filing amicus brief with U.S. Supreme Court in RadLAX Case
CFA Calls on Court to Preserve Secured Lenders’ Right to Credit Bid in Bankruptcy Cases