Welcome

The International Factoring Association's (IFA) goal is to assist the Factoring community by providing information, training, purchasing power and a resource for the Factoring community.

Events

Date Meeting Venue Location
January
8
 
Webinar: Factoring Oil & Gas
Mineral Projects
Webinar 1pm PST
January
22 - 24,
2020
 
Presidents & Senior Executives
Meeting

 
Andaz Costa Rica
Resort
Guanacaste,
Costa Rica
March
3
Annual Meeting with NYIC
& IFA Northeast Chapter

 
Arno Ristorante New York, NY
April
22
Factoring Essentials
Training Class

 
Omni Nashville Nashville, TN
April
22 - 25
 
2020 Annual Factoring Conference Omni Nashville Nashville, TN
June
8 - 9
The Law and Business of Factoring
Training Class
 
Planet Hollywood Las Vegas, NV
June
11 - 12
Account Executive/Loan Officer
Training Class
 
Planet Hollywood Las Vegas, NV

Event details will be posted below as they become available

 




Webinar: Factoring Oil & Gas Mineral Projects
with Jared Ullman, Esq. - Ullman & Ullman, P.A.


This webinar will focus on factoring accounts from factoring clients or providing asset based financing to borrowers who furnish supplies or provide services to oil and gas mineral projects. Topics include identifying the due diligence and operational issues and protections required from dilution for mineral lien Claimants, including a discussion of an actual case study.


The Venue: Webinar

The Schedule:

  • Wednesday, January 8, 2020 - 1pm - 2pm PST (Pacific Time Zone)

Instructor:

  • Jared Ullman, Esq. 
    Jared has experience in bankruptcy, restructuring and other commercial transactions as well as commercial litigation. Jared also has experience managing securitized institutional loans with value in excess of $50 million. His substantial experience in finance and business law makes him a highly valued member of the Ullman & Ullman team.

Fee:

          The fee for this webinar is $50 ($75 for Non-Members)


Register Here >>

 




2020 Presidents & Senior Executives Meeting

Presidents and Senior Executives of factoring organizations have unique needs. One of the best ways to help with your strategic planning is to spend time discussing those issues with other Presidents and Senior Executives in the factoring industry. This meeting is designed to facilitate that discussion.

The second component of our meeting will concentrate on networking. We will begin on Wednesday evening with a Welcome Reception. Breakfast and lunch will be held together to give you a chance to network with the other attendees. Dinner on Thursday evening will also be included.

The Venue: Andaz Costa Rica Resort- Peninsula Papagayo, Guanacaste, Costa Rica

The Schedule:

  • Thursday & Friday, January 23 - 24, 2020

Some of the Topics Covered:

  • State of the Industry
  • Marketing
  • Negotiations
  • How to Generate Business in 2020
  • Regulations
  • Planning for the Future
  • Funding Options
  • New Products
  • Legal Issues
  • Fintech
    Additional Topics TBA 

Moderators:

  • Nick Hart - President, Sallyport Commercial Finance, LLC
    Nick moved to California after serving as the Managing Director of Bibby Factors Yorkshire Limited UK from 2002 to 2008. In this role, he led the launch of and established the office in Yorkshire and took over the management for the North East of England (Sunderland). Prior to Bibby, Nick worked for Alex Lawrie Factors (part of Lloyds Bank) where he managed an approximately $65 million portfolio of 1,000 clients and a staff of 45 employees. Before joining Lloyds Bank, Nick spent five years at Deloitte & Touche in Leeds, London, Luxembourg, and Abu Dhabi. Nick received a Bachelors in Science (with Honors) in Business Studies from the Bradford University Business School. He is currently a Board Member of the California Fashion Association and Fundraising Committee Member of City of Hope. Nick is married and has four children. He likes to play and collect guitars. He is an avid motorist and has owned several collectible sports cars and holds a National B race license.
     
  • George Thorson - Executive Vice President, Triumph Business Capital
  • George has more than 36 years of experience in commercial finance including factoring, asset based lending, business evaluations, loan work out and field auditing. Prior to joining Triumph Business Capital, George was a principal in Collateral Risk Management, Inc. and Credit Support International. George continues to serve as an industry expert and peer educator for the International Factoring Association and the National Association of Credit Managers. George received a B.S. in Accounting from St. Cloud State University, and is an IFA Certified Account Executive in Factoring (CAEF).

Legal Counsel:

  • Michael Ullman, Esq. - Principal, Ullman & Ullman, P.A.
  • Mike graduated from Nova Law School Cum Laude in 1979, is a member of the Florida Bar and has been admitted pro hac vice in courts and arbitration proceedings throughout the country. Ullman & Ullman, P.A., formed in 1980, specializes in all forms of commercial transactions, litigation and arbitration. Mike is co-counsel to and has lectured for the IFA for over a decade and has published numerous articles including: Factoring Specialized Industries and Stories From the Trenches.
  • Bob Zadek, Esq. - Of Counsel, Buchalter
  • Bob is one of the premier attorneys and an expert in the field of factoring. An attorney with the San Francisco office of Buchalter, he handles loan documentation, trade finance and letters of credit, loan workouts and bankruptcy. He is a past Chair of the Commercial Financial Services Committee of the Section on Business Law of the American Bar Association, and was a founder and Chair of its Subcommittee on Loan Documentation.
Guest Speaker: 
 
  • Douglas Spencer - President, Spencer Brenneman
  • Douglas is President and Chief Brand Strategist at Spencer Brenneman, LLC. He has more than 20 years of branding and marketing experience, working with professionals from around the world in verticals such as financial and professional services, SaaS, healthcare, and media. Before starting Spencer Brenneman, LLC he was Vice President, Global Head of Brand for Thomson Reuters. In that role, he guided the migration of the multiple Thomson and Reuters businesses to form the then-new Thomson Reuters brand. He is also the author of Do They Care? The one question all brands should ask themselves, continually. A book that shows business leaders how they can create meaningful connections with customers, employees, and others. Douglas is a frequent speaker on how strong brands improve business performance through strategic alignment, employee engagement, brand governance, verbal and visual identities, and more.

Activities:

  • Wednesday, January 22nd - Diamanté Eco Park Zip Lining
    Tour Description: Diamanté Eco Adventure Park is home to a unique zip line experience. The Superman line, ranked Top 5 in the world, is the longest dual action zip line in Central America. It is over 4,500 feet in the air and is almost one mile long.The course was designed and engineered for fun and safety and includes Superman, Quick Jump and Tarzan Swing. The Animal Sanctuary in the property is the largest wildlife refuge in the area. Guests can interact with animals with up close viewing. The habitats are designed to provide a natural setting for the different species while allowing guests to learn and enjoy a unique, safe experience. You can also enjoy the beach during your visit.
    Tour Includes: Round trip transportation by water taxi, tour guides, Adventure Pass (zip line tour with 5 lines, Superman, quick jump and bridge over crocodiles, plus admission to the animal sanctuary), all equipment, welcome drink and cold towels, fresh fruit, bottled water, and buffet lunch.
    What to Bring: Comfortable clothing, sandals or shoes that can get wet (for the water taxi), closed-toe shoes for the zip line (sneakers or sport sandals are fine), pants or long shorts, insect repellent, sunscreen, and money (for incidentals). A camera with a strap may be brought at your own risk. Lockers are available at no cost for belongings. You can also bring a bathing suit if you would like to visit the beach.
    Cost: $200 per person

    Thursday, January 23rd - Spouse Tour - Tio Leo Coffee Tour and Lunch
    Tour Description: The coffee tour experience teaches you the history of this golden bean in Costa Rica. In addition to this, the selection technique of the berry is what makes great difference with the final product. You they will be warmly received personally by Tio Leo and also have the opportunity in the vast world of coffee where he will take you through its history and process in our coffee tour. He also includes a lecture about chocolate crops and the way to process it to get really pure taste. The sugar cane is another crop and product Tio Leo mentions on his presentation. There are about eight products that come out of this crop. Ancestors worked the wet mill in order to get the cane juice.
    What to Bring: Wear a hat and comfortable clothes and shoes for walking.
    Cost: $115 per person

Accommodations:

  • Group rates at the Andaz start at $389, depending on the view and room size.
  • You can make reservations by clicking here.
  • Room block expires on December 23, 2019.

Fee:

The fee for this meeting is $1195 (IFA Members Only). This meeting is limited to two attendees per company. Attendees must have a minimum of five years' experience in Factoring.

The meeting will run from 8am - 4pm on Thursday and 8am - 1pm on Friday, with a reception on Wednesday evening and a group dinner on Thursday Evening. The fee includes tuition, course materials, breakfasts, coffee breaks, luncheons, Welcome Reception and the Thursday evening dinner.

Register Here >>

 




Factoring Essentials Training Class

If you are a new factor company, an individual new to factoring, or just wish to brush up on your knowledge, the Factoring Essentials course will provide you with the background you need to be a successful factor.

The Venue: Omni Nashville- Nashville, TN

The Schedule:

  • Wednesday, April 22, 2020

Learning Objectives:

  • Factoring Defined
  • Contract Basics
  • Uniform Commercial Code
  • How to Find Clients
  • Underwriting and Credit
  • Notifications and Verifications
  • The Daily Business Flow
  • Ending the Relationship

Instructors:

  • George Thorson - Executive Vice President, Triumph Business Capital
  • George has more than 36 years of experience in commercial finance including factoring, asset based lending, business evaluations, loan work out and field auditing. Prior to joining Triumph Business Capital, George was a principal in Collateral Risk Management, Inc. and Credit Support International. George continues to serve as an industry expert and peer educator for the International Factoring Association and the National Association of Credit Managers. George received a B.S. in Accounting from St. Cloud State University, and is an IFA Certified Account Executive in Factoring (CAEF).
  •  
  • Gen Merritt-Parikh - President, Allied Affiliated Funding
  • Gen officially joined Allied in September 2009 as Chief Operating Officer and was promoted to President in September 2014. As the company’s hands on leader, Gen has successfully built a solid team of talented employees within the Allied organization while also growing Allied’s marketplace recognition, improving profitability and minimizing loss exposure to the company. She successfully maintains Allied’s overall client portfolio, leading and developing the account management team to ensure both effective and efficient account management and productivity, adherence to policies and procedures and risk management. Gen is a financial executive with more than 20 years of experience in all aspects of commercial finance, including traditional bank and SBA loans, asset based lending and factoring. She has also provided consultancy for factoring companies nationwide in all areas of owning and operating a factoring business including underwriting, auditing, marketing and account, portfolio and financial management. Gen has a Bachelor of Arts degree in Business and Economics from the University of Texas at Dallas and is currently serving as Subject Matter Expert for the IFA’s Factoring Account Executive Certification Program.

Legal counsel will be provided by:

  • Jim Cretella, Esq. - Attorney, Otterbourg, P.C.
  • Jim Cretella is a Member of the firm’s Banking and Finance Department.  He represents institutional lenders, factoring companies and specialty lenders, as well as borrowers, in a variety of asset based lending, specialty finance and other corporate transactions.  Mr. Cretella has worked on financing transactions covering a wide range of industries, including staffing, transportation, oil and gas, refactoring and government contracting.  He has extensive experience in supply chain and other trade finance transactions, including off-balance sheet receivable purchase facilities.

Accommodations:

  • A special rate at the Omni Nashville starting at $275 has been negotiated for this event. 
  • Or you can reserve a room online by clicking here
  • Room block expires on March 21, 2020.

Fee:

          The fee for this meeting is $495 ($545 for Non-Members).

This is an add-on training class to the IFA Annual Factoring Conference. You do not need to be registered for the IFA Annual Factoring Conference in order to register for this additional training class. For information can be found at: 
www.factoringconference.com

The meeting will run from 8am - 4pm. The fee includes tuition, course materials, continental breakfast, coffee breaks and lunch.

Register Here >>

 

To register for any of these events,
Register Here >>

For more information, please email info@factoring.org or call 805-773-0011.

Cancellation Policy:
Cancellations received on or before 30 days prior to the training course will be charged a 20% penalty. No refunds will be given after this date. Attendee names can be substituted without a penalty.
 

The International Factoring Association is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

The IFA offers CLE credits for upcoming programs. For approved programs and states, please contact Heather Villa at info@factoring.org or 805-773-0011 ext 301.

The IFA offers CAEF credits for upcoming programs. For information on approved programs and courses, please contact Terri Baker at info@factoring.org or 805-773-0011 ext 303.