Asset based finance finance USA 14-01-2010 2009 a “watershed” year for asset based finance, states Hennessey Capital president 2009 was a watershed year for the commercial finance industry, according to Mike Semanco, President of 2009 was “a watershed year” for the commercial finance industry, according to Mike Semanco,…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here