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Interview with Rich Gumbrecht, CEO, Secured Finance Network & President, Secured Finance Foundation

January 29, 2020, 07:00 AM

VIDEO INTERVIEW: Richard Gumbrecht, CEO, Secured Finance Network & President, Secured Finance Foundation discusses the Secured Finance Market Sizing Study, which was completed in 2019 and a new study completed with Keybridge Research to create the SFNet Market Pulse – which looks at a number of economic drivers at the U.S. and global level. Gumbrecht explains that while there are signals in the market of economic challenges on the horizon, simultaneously, there are many driving forces that are counter to an economic downturn that are continuing the expansion. According to Gumbrecht, a small recession can be a positive to the lending industry because recessions can drive consumption of the types of lending products provided by the Secured Finance Network lending community.
Gumbrecht also discusses how associations in the secured lending industry such as the Equipment Leasing and Finance Association, National Equipment Finance Association and SFNet must play a role in informing their constituents about what is happening in the market in a curated manner if possible. According to Gumbrecht, this is a role of a trade association – to help make sense of all the data and news in the market and distill it down to what is most relevant for each association’s specific industry focus utilizing what he calls the association’s “relevant lens.”

Equipment Finance Advisor’s Thought Leadership Videos feature interviews with subject matter experts and leaders from bank-owned equipment finance companies, leasing companies, banks, independent commercial finance companies, consultants, service and product providers and more – offering their candid thoughts in interviews broadcast via Equipment Finance Advisor’s YouTube Channel.

Rich Gumbrecht
CEO, Secured Finance Network & President, Secured Finance Foundation
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