Commercial Finance Association -


Houston Chapter Newsletter

 Fall / Winter 2012

Benefits of Membership

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CFA Houston Photo Gallery

Visit the Houston Chapter photo gallery to see photos from our past events.

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If you have an article or announcement you'd like included in a future CFA Houston Chapter newsletter, please email it to the editor.

Contact the Chapter


(713) 863-8300 x 243
Marilyn Davis



[email protected]

Helpful links

  CFA National


  CFA Career Center

Other CFA Events Across the Country


68th Annual Convention
November 14-16, 2012 - Phoenix, AZ

Advanced Field Examiner School
December 3-5, 2012 - Los Angeles, CA

Field Examiner School
December 4-7, 2012 - Los Angeles, CA

Virtual Programs

Essentials of UCC Virtual Workshop
November 5-7, 2012 at 12 p.m. CDT

Click here for an updated CFA national calendar.


2012 Cornerstone Sponsors

Diamond Sponsors

Gold Sponsors

Texas Capital Bank

Silver Sponsors

Regulatory Game Changers
By: Michael D. Sullivan and Matthew Miller

For companies requiring substantial investment in supply chain and production infrastructure or inventory— and for the asset-based lenders who finance them—regulatory changes can be among the most difficult extraneous factors to predict, as well as the most significant. Adapting to such shifts can be a nebulous and somewhat daunting challenge, since modifications to regulatory requirements often introduce a new element of uncertainty to asset valuations and, accordingly,
to loan portfolios.

There is no one-size-fits-all solution for companies and lenders facing regulatory change. The impact of new rules and regulations varies by industry and by the nature of each new rule or law. The following framework, however, may help companies and lenders who find themselves in this difficult position to plan for, adapt to, and minimize potential negative effects from changes in oversight structures and requirements on asset values and loan portfolios.Continue reading...


2013 Cornerstone Sponsorships Now Available

Click below for our pitch book detailing the value proposition of Cornerstone Sponsorship!

A Look at 2012

EventLocation Date*  Attendees
2012 Economic Outlook La Colombe d'Or Feb 1 139

New Member "Meet & Greet" Astros Suite Apr 11 35

Global Economic Prospects and Challenges for 2012 Federal Reserve Bank Apr 30 155

Credit, Capital, Regulatory Climate & Houston: Perspectives from Houston-Area CFOs Brennan's of Houston Jun 13 118

State of the Private Equity Markets in Houston Vic & Anthony's Sep 12 125

Joint Networking Reception with TMA Mo's...A Place for Steaks Oct 16 126

Sponsor Appreciation Event Piatto's

Nov 8


Recent CFA Houston Events

CFA/TMA Joint Networking Reception
October 16

CFA joined forces with TMA to host this networking reception at Mo's...A Place for Steaks. The event featured heavy hors d'eouvres, an open bar, wine tastings and a cigar roller. To see more photos, please click here.

Debbie Clark, Strategic Capital Corporation and Erik Konicki,
Prather Kalman
Tanya Fontenot, Amerisource Funding; Jorge Ortiz, Capital One; Enrique Melguizo, CalTech; Elliot Smith, Gulf Coast Business Credit; Chuck Shelton, Capital One; Jason Ziegler, Euler Hermes and Tom Croteau, ATF Finance
Forrest Taylor, Whitney Bank; Kenny Barhanovich, Comerica Bank and Chad Stephenson, Comerica Bank
"State of the Private Equity Markets in Houston"
September 12

The annual private equity luncheon continues to be the chapter's most popular event! Held at Vic & Anthony's the private equity panel made up of Larry Ellis of BBVA Compass (moderator), Mike Young of The CapStreet Group, Kent Wallace of The Sterling Group and Bill Zartler of Denham Capital had members engaged throughout their discussion. To see more photos from the September event, please click here.

David Montenegro, Advantage Business Capital; Wayne Coker, Advantage Business Capital; Pete Clarke, The WFA Group; Janice Whalen, Amerisource Funding and Bill Herrington, Capital One
Moderator Larry Ellis, BBVA Compass; Panelist Bill Zartler, Denham Capital; Advisory Board Member Michael Monk, Amerisource Funding and Panelist Mike Young, The Capstone Group
Alfred Park, Goldman Sachs; Mike Young, The Capstone Group (panelist) and Adam Cox, Pendleton Capital Group



"Credit, Capital, Regulatory Climate & Houston: Perspectives from Houston-Area CFOs"
June 13

This event at Brennan's of Houston featured a panel of Houston-area CFOs who discussed challenges and the environment each is seeing today.  The event was moderated by Larry McTague and the panel included Douglas Scherr of Valence Operating Company, Jon C. Biro of Consolidated Graphics and Chris Dollins of Employer Flexible.  Additional photos from the event may be found here.

Carmen Jordan, Encore Bank; David Cook, Wells Fargo Capital Finance and Carl Smith, Wells Fargo Capital Finance
Panelists Chris Dollins, Employer Flexible; Jon Biro, Diversified Graphics; Larry McTague (moderator) and Douglas Scherr, Valence Operating Company