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News Stories (12 Results) - Richard Gumbrecht

Economic twists and turns marked 2023 but the asset-based lending market still saw growth in commitments of working capital, according to data released by the Secured Finance Network (SFNet). And while there were fewer new client deals last year than... Read Story
April 22, 2024, 07:00 AM


The resilience of the asset-based lending market continued in the fourth quarter, according to data released by the Secured Finance Network (SFNet). Lenders held positive against the backdrop of an uneven economy, but are closely watching portfolios... Read Story
April 12, 2024, 07:05 AM


The asset-based lending market held steady in the third quarter 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 Story
January 05, 2024, 07:15 AM


Combined (bank and non-bank) business lenders’ confidence stayed slightly positive during the first quarter of 2023, at 50.3 points, yet that was a 5.8-point decline from the last quarter of 2022, according to the Asset-Based Lending Index released... Read Story
June 27, 2023, 07:10 AM


The reach of secured financing: cash and liquidity for over 1 million U.S. businesses; funds for about one-third of the roughly 4.6 million U.S. firms with at least two employees The Secured Finance Network’s (SFNet) new Secured Finance Market Sizing... Read Story
June 07, 2023, 07:05 AM


Steady confidence in the asset-based lending market marked the fourth quarter, according to data released by the Secured Finance Network. Lenders maintained a positive outlook despite persistent inflation and rising interest rates.SFNet surveyed bank... Read Story
April 14, 2023, 07:00 AM


Asset-based lending did not experience the dramatic first-quarter bump evident in the broader economy, but grow it did, and so did lenders’ confidence in the market, according to data released by the Secured Finance Network (SFNet).The association... Read Story
June 30, 2021, 07:20 AM


In the second quarter of 2019, banks experienced the largest quarterly net increase in asset-based lending loan commitments and outstandings since data collection began in 2016 - $3.6 billion and $2.5 billion, respectively, according to the latest... Read Story
October 10, 2019, 07:16 AM


Eight months after he was named interim CEO of the Commercial Finance Association, Richard D. Gumbrecht has officially assumed the leadership post of the organization, it's newsletter TSL Express reports.  Gumbrecht was most recently the Chief Growth... Read Story
September 22, 2017, 07:19 AM


The Commercial Finance Association announced that Bob Trojan has, effective immediately, discontinued his affiliation with CFA and Richard Gumbrecht has been appointed Interim CEO.Gumbrecht was most recently the Chief Growth Officer at EverBank... Read Story
January 26, 2017, 07:17 AM


For the first time ever, the equipment finance market is expected to surpass $1 trillion in 2015, according to 2015 State of the Equipment Finance Industry Report released at the 54th Annual Convention of the Equipment Leasing and Finance Association... Read Story
October 27, 2015, 07:18 AM


The equipment finance market is projected to reach $903 billion in 2014, according to 2014 State of the Equipment Finance Industry Report  released at the 53rd Annual Convention of the Equipment Leasing and Finance Association. The study, published... Read Story
October 21, 2014, 07:28 AM