oCoronavirus Discussion Group - Transportation Factoring Webinar - April 3, 2020




 oCoronavirus Discussion Group - Transportation Factoring Webinar - April 3, 2020
Webinar: Coronavirus Discussion Group - Transportation Factoring Sector
with Bryan Alsobrooks (moderator), and panelists David Jencks, Esq., Hailey Benton-Thomas, Jeff Foil and George Thorson

Item Number: WEB_4_3_20
Shipping Weight: 0lbs. 0oz.
Price: $75.00
The Coronavirus, or COVID -19, is causing a major disruption to all of our lives. It has undoubtedly affected every industry in one way or another, and the factoring industry is no exception. Since this is unprecedented territory for everyone, we have put together a panel of industry professionals to discuss various topics related to the virus and what their businesses are doing to mitigate the risk in the midst of this crisis. The webinar will be a roundtable discussion between four panelists with a moderator posing questions and will focus on the transportation sector of factoring. Attendees will be allowed to pose questions through use of the chat field during this webinar.

Some of the topics included:
Carrier Operation Insights - What freight types to stay away from?
Debtor approvals – Should approval only be given to certain commodity types being hauled and only certain geographic areas if shippers are closed?
SBA Relief – Do the brokers, carriers, etc. qualify for SBA relief loans?
Payment Terms – Should we expect payment terms to be extended due to shippers slowing down their payment terms?
Force Majeure – Should we expect brokers to invoke their force majeure rights?
Forbearance Agreements
Experience with volumes and invoice sizes over past 30 days

Bryan Alsobrooks - President, Phoenix Capital Group, LLC
Bryan Alsobrooks is President of Phoenix Capital Group, LLC (PCG). PCG is a wholly-owned subsidiary of Gulf Coast Bank & Trust Company and is a nationally recognized provider of working capital solutions to small- to medium-sized transportation companies. Financing solutions include asset-based lending, accounts receivable financing and factoring, equipment financing and fuel card services. Headquartered in Scottsdale, Arizona, with additional offices in California, Texas, Alabama and Tennessee. Mr. Alsobrooks has over 28 years commercial finance experience and more than 17 years in the transportation industry. Mr. Alsobrooks is active with the International Factoring Association and has served as past Chairman and Vice Chairman for the North American Credit Manager’s National Transportation Credit Group. Mr. Alsobrooks received a Bachelor of Business Administration degree from Austin Peay State University. Bryan is an IFA Certified Account Executive in Factoring (CAEF).

David Jencks, Esq. - Attorney, Jencks Law, P.C.
David is an attorney that has been practicing for over 20 years in the areas of transportation and transportation finance. He represents Factors, Brokers, Freight Forwarders and Motor Carriers in transactional and litigation matters. He is a member of Delta Nu Alpha, the professional fraternity involved in the continuing education of transportation professionals. David earned a Bachelor of Arts Degree at the University of South Dakota and he holds a Juris Doctorate from Hamline University.

Hailey Benton-Thomas - Chief Operating Officer and General Counsel, TBS Factoring Service
Hailey Benton-Thomas graduated from Pepperdine University with a B.A. in Industrial-Organizational Psychology and then returned to Pepperdine as the recipient of the Dean’s Scholarship where she earned her Juris Doctorate. While at Pepperdine, she competed in advocacy competitions, volunteered in the Los Angeles Homeless Legal Aid and Family Adoption Courts, and clerked with (Retired) Chief Justice Deanell Reece Tacha of the 10th Circuit Court of Appeals. Upon graduation, Ms. Benton-Thomas became a sought after employment law litigator with Floyd, Skeren and Kelly representing clients such as Verizon, Sysco, and several NFL teams. As her career progressed she found her true passion for training and developing others which led her to become the Managing Attorney of the firm’s flagship office and the youngest associate in firm history to be on the partner track. In 2014, Ms. Benton-Thomas made the decision to move her family to Oklahoma to join TBS Factoring Service. During her time with TBS, she became an indispensable member of the team capable of any task assigned of her. When it came time to select a new executive team, Ms. Benton-Thomas was immediately on the short-list of candidates. As Chief Operating Officer and General Counsel, she oversees TBS’ people and processes ensuring that TBS is an employer of choice and a highly efficient business. In addition to her work with TBS, she serves on the board of Oklahoma Humane Society and the Capital Hill High School Advisory Board.

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).

Jeff Foil - President, SevenOaks Capital Associates, LLC
Jeff has been a transportation factor since August of 1997. Jeff joined SevenOaks in November of 2000 as the Vice President/Credit Manager. He was promoted to President 12 years ago. Jeff graduated from Louisiana State University with a Bachelor of Arts in 1993. He is also a 13-time decorated veteran with the United States Marine Corps.

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