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Peterson Appointed to AACFB Board Advisory Position

May 09, 2018, 07:00 AM

The American Association of Commercial Finance Brokers has appointed Brad Peterson to hold a board advisory position. The AACFB Board of Directors, which consists of eight commercial finance brokers, voted unanimously to invoke and implement a provision in the association's bylaws to bring an additional funding source member on as an advisor to represent that segment of the industry.

Peterson will join Ted Reynolds, who currently serves in an advisory position.

"Having a funding source advisor over the past several months has been extremely valuable to the AACFB Board of Directors. Therefore, the AACFB Board decided to fill the remaining advisory position by bringing on Brad Peterson with Channel Partners Capital. I have no doubt that Brad's insights and experience in alternative financing will prove invaluable to the Board," said Sheri Bancroft, AACFB President.

Peterson is CEO of Channel Partners Capital, LLC, a company he founded in 2009. Prior to Channel, he founded and served as President of CAN Capital subsidiary, PredictiFund, leveraging CAN's substantial small business merchant cash advance credit data and modeling experience. He has also served as Senior Vice President and General Manager of U. S. Bank's Manifest Funding Services, a $1.5 billion asset business unit that focused on third-party-generated small ticket equipment leasing nationwide.

He has been active in many finance industry associations participating in the AACFB, ELFA, NEFA and UAEL, where he served on the board from 2001-2008 and was President in 2007. From 1981 to 1996, he held various financial and sales management positions with Ralston Purina. Brad graduated from Iowa State University in 1981 with B.S. degrees in economics and finance.

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