New ABL report points to changes, growth in industry

New ABL report points to changes, growth in industry

After an unsettled couple of years, conditions are falling into place for further improvement in the asset-based lending industry, according to a new highly detailed report published in the industry news site ABL Advisor. The recently released publication discussed the “ABL State of the Union” with several industry representatives to get their perspectives on what…

AI: Transforming and Benefiting the Lending Business

Lenders today face a host of challenges in their existing practices. Manual processes, inconsistent data analysis, and time-consuming procedures can hinder efficiency and accuracy. However, AI presents a potentially powerful solution to these challenges, offering a pathway to streamlined lending operations and improved decision-making. According to Moody’s Analytics, “AI stands as a transformative force, significantly…

Bridge Business Credit Among Newest Kentucky Bankers Members

Regional Bonds Builds Businesses, Relationships As a part of its plan to expand its reach across more regions east of the Mississippi River, Bridge Business Credit has announced that it has joined the Kentucky Bankers Association (KBA). Headquartered in Louisville, the KBA has been providing legislative, legal, compliance and educational services to its member institutions…

Bridge Business Credit CEO Named to TMA’s Global Restructuring Board

The chief executive officer of Troy-based Bridge Business Credit, (BBC) has been appointed to the executive board of the Turnaround Management Association. Rhett B. Rowe, who has served as Bridge’s CEO since August 2020 and led the earlier recapitalization of Great Lakes Business Credit, has led the reshaping of the company brand identity to Bridge…

Bridge Business Credit Forecasts Post-Election Economic Scene

Bridge Business Credit Forecasts Post-Election Economic Scene

With the new Trump administration preparing to take office in January 2025, businesses can look forward to a variety of potential economic opportunities, but should also be watchful for challenges ahead. Throughout this blog, our Bridge Business Credit CEO Rhett Rowe presents his highly detailed assessment as to what the post-election economic scene may look…

Led by Bridge CEO, Indiana Chapter named TMA’s North American Excellence Award Winner

Led by Bridge CEO, Indiana Chapter named TMA’s North American Excellence Award Winner

The Turnaround Management Association’s (TMA) Indiana Chapter, led by Bridge Business Credit CEO Rhett B. Rowe, has been named the 2024 North American Chapter Excellence Award winner. Presented by TMA Global, the award is presented annually to TMA chapters in North America which have demonstrated excellence in organizational structure and dedicated service to the regions…