Steven Hausman Elected to the International Factoring Association Advisory Board

Coppell, TX (PRWEB) July 01, 2013

The International Factoring Association (IFA) not too long ago announced the election of four new members to its Advisory Board. Board members serve two-year terms, shape the associations approach and initiatives, and help fulfill the IFAs mission to help the factoring neighborhood by supplying info, coaching, getting energy and a resource for the factoring neighborhood.

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Steven Hausman of Advance Business Capital LLC was among the market experts elected to the advisory board.

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I am honored to join the IFAs advisory board. The growth of the IFA as an organization has been exceptional, Hausman mentioned. In addition to an outstanding leader in Bert Goldberg, the association has thrived from terrific leadership inside the market. I am excited to share in the opportunity of giving back to an organization and sector that has meant so much to Advance Organization Capital.

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Hausman is the founder and chief executive officer of Advance Organization Capital LLC. Previously, he served as the vice president, national sales manager for CitiCapital Industrial Corporation with responsibilities for the asset-based loan and factoring products. Prior to its acquisition by CitiCapital, Hausman served in a related capacity with The Associates Commercial Corporation. He also served as chief operating and credit officer for Fleet Management Inc., a huge-ticket boutique leasing and asset management firm. Prior to that, Hausman spent 14 years with the Volvo organization, serving as vice president of operations of Volvo Truck Finance N.A., president and common manager of WHITEGMC Trucks of Atlanta. Hausman received a Bachelor of Arts and a Master of Enterprise Administration in Finance, from the University of Michigan.

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“I am pleased to welcome these extraordinary leaders to our board,” mentioned Bert Goldberg, Executive Director of the IFA. Steven Hausman is a broadly respected and deeply skilled business leader and I appear forward to functioning with him and our other board members to additional enhance awareness of the IFA, its mission and its members, and to develop the organization,” he added.

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About Advance Enterprise Capital &#13

Advance Company Capital is a single of the dominant players in American freight factoring. In addition to its principal service of buying accounts receivables for trucking firms, Advance Business Capital provides a comprehensive suite of back office solutions that lift a heavy accounting and paperwork burden from little to midsized trucking organizations. These solutions incorporate billing and collection, on the internet credit checks, break-even evaluation, company training and fuel card getting management. Because joining Triumph Bancorp, Inc. group in January 2012, Advance Business Capital has developed the capacity to provide equipment financing and asset primarily based lending goods via Triumph Commercial Finance.

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About the International Factoring Association&#13

Headquartered in Pismo Beach, California and with more than 415 corporate members, the International Factoring Association is the largest association of industrial finance firms in the world. Members contain factoring businesses, asset based lenders and other receivables finance companies. Since 1999, the International Factoring Association has provided a forum for member organizations to meet and talk about troubles and concerns, share very best practices, disseminate info and promote a single voice to the marketplace. The principal spokesperson for the factoring and receivables finance market is the International Factoring Associations Bert Goldberg.

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Susan Waring Elected to The Penn Mutual Life Insurance coverage Organization Board of Trustees


Horsham, Pa. (PRWEB) June 07, 2013

The Penn Mutual Life Insurance Business, a much more than 166-year-old organization, is pleased to announce that Susan D. Waring has been elected to the companys Board of Trustees.

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“Susan has invaluable expertise as a profitable and respected leader in each financial services and higher education, said Eileen McDonnell, President and Chief Executive Officer of Penn Mutual. Her depth and breadth of market experience, along with her reputation as a forward considering executive, make her a wonderful addition to the Penn Mutual board.

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Susan is retired Executive Vice President and Chief Administrative Officer and Vice President, Overall health, of the State Farm Life Insurance Firm. She started her profession as a State Farm agent in 1986, and was promoted many instances just before retiring in 2010. Prior to her time at State Farm, Susan worked for 15 years in College Administration, serving as Director of Career Services, and then Dean of Students at Wilson College.

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It is constantly exciting to welcome new members to the board, who bring with them a wealthy background and a fresh point of view, mentioned Robert Chappell, Chairman of Penn Mutuals board. I am confident that Susans years of experience in the sector will greatly benefit Penn Mutual and our policyholders.

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Susan has also served on the boards of LL Global (the largest life insurance market trade association), the Medical Data Bureau (MIB), the American Council of Life Insurers (ACLI), The American College, Royal Neighbors of America and Illinois Wesleyan University.

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Susan earned her bachelors degree from Gettysburg College and a masters degree from Shippensburg University. She and her husband Russ have raised two kids and now reside in South Hero, Vermont.

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About The Penn Mutual Life Insurance Firm

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Because its founding in 1847, Penn Mutual has been driven by our noble purpose to produce a globe of possibilities. At the heart of this purpose is the belief that getting life insurance coverage is the most protective, responsible and rewarding action a person can take, and is central to a sound financial strategy. The firm is committed to assisting families unlock lifes possibilities via life insurance coverage and annuity options. This is achieved by way of a national network of economic pros, who support clients make great items feasible. Penn Mutual supports its field representatives with brokerage solutions through Hornor, Townsend &amp Kent, Inc. Registered Investment Advisor and wholly owned subsidiary. Member FINRA/SIPC. Go to Penn Mutual on the Internet at http://www.pennmutual.com/.

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