Executive Vice President of Operations Mountain Ridge Capital / Alpine Ridge Funding
Thank you Vince M. for this insightful article and your focus on the often overlooked yet essential topic of scalability. Your expertise truly shines in breaking down what it takes to build teams and systems that are not only effective today but prepared for tomorrow's challenges. From my experience building and managing teams in specialty lending firms, I couldn’t agree more with your emphasis on scalability as a mindset from the start. It’s easy to focus on immediate needs, but doing so in isolation can inadvertently create barriers to growth. Establishing systems and controls early—such as reconciling collateral management systems with treasury and accounting or implementing dual-review processes—pays dividends as teams and transaction volumes grow. Bravo for shedding light on this critical topic and for being such a clear voice on the importance of building with the future in mind.
In TSL Express, Vince M. offers 5 essential strategies to build and grow a high-performing factoring or ABL business. Read his article on our website: https://lnkd.in/ebhnVAKs #AssetBasedLending #Factoring #TSLExpress Haversine Funding
Freight Technology Stealth Mode WIP | Truck Factoring Solution Expert | Operating Authority | Truck Dispatchers | Insurance | Accounts Receivable & Accounts Payable in Freight
3wCongratulations Vince M. on the well-deserved feature in the Secured Finance Network news! Your insights on scalability are crucial for the success of any specialty finance firm. I completely agree that establishing systems and controls early on is essential for future growth. In addition, having a clear understanding of the market and the competition can help firms stay ahead of the curve. It's also important to have a flexible mindset and be open to adapting to changing market conditions. Thank you for sharing your expertise and shedding light on this critical topic.