Amerisource Sponsor of Commercial Finance Association’s 66th Annual Convention in Chicago
Release date: 10/22/2010
Houston ― October 22, 2010 ― The 66th Annual Commercial Finance Association (CFA) Convention concluded today in Chicago, Ill. The convention is, by far, the largest in the world dedicated to the asset-based lending and factoring industries. With over 1,000 attendees, the event was noteworthy in all aspects.
“The 2010 annual convention was a great success in many ways,” said D. Michael Monk, this year’s CFA convention chairperson and managing director, Amerisource Funding. “Recent economic conditions have highlighted the importance of our industry, and the convention provided an environment and platform for education, networking and idea-sharing among business leaders from around the world. I was proud to not only chair the convention this year, but also to have Amerisource participate as a sponsor.”
Other notable sponsors of the convention included Hilco, RedRidge Finance Group, Wells Fargo Bank, U.S. Bank, Gordon Brothers Group, Goldberg Kohn, Otterbourg, Forest Capital, RMP Capital Corp, BMO, Harris, Clear Thinking Group, Corporation Service Technology, Grant Thornton, LLP, 1stWest Background Investigations, CT Lien Solutions, Winston & Strawn LLP, C&R Credit Services, Inc., UPS Office Furniture Resources, Vedder Price, Private Equity Insider and Debt Wire.
Founded in 1984 and headquartered in Houston, Texas, Amerisource is one of the largest and fastest-growing independent commercial finance companies in the country. Amerisource provides working capital financing and outsourced receivables management to small and middle market companies with financing needs from $50,000 to $10,000,000. Core products include asset-based lending revolvers, accounts receivable factoring, seasonal bank "over-lines", outsourced A/R, credit and collections management, debtor-in-possession ("DIP") financing, trade finance for importers, and export factoring. Amerisource also provides portfolio management and servicing for banks through its private label program America's Back-Office for Lenders (TM) and portfolio acquisitions and liquidations.