Bert Goldberg, founder of the International Factoring Association based in the US, has died it was announced yesterday. He had been suffering from pancreatic cancer having been diagnosed in April.
A prominent figure in US factoring and also internationally, Bert gained his knowledge of the factoring industry after obtaining a B.S. degree from Cal State University, Northridge in Accounting Information Systems and an M.B.A. from Cal Poly, San Luis Obispo, when he formed Distinctive Solutions, a factoring software company. Following its sale, Bert founded the IFA in 1999, headquartered in Avila Beach, California. It now has over 425 members, including factoring companies, asset-based lenders and other receivables finance companies. He was Executive Director of the IFA and the smaller American Factoring Association, which he also formed.
Speaking of Bert’s illness and passing, Heather Villa, Managing Director of the IFA said, ‘we appreciate the support that the IFA community has provided over these past few months. The IFA is a community that comes together during tough times and we are so grateful to have the group of friends and colleagues that makes up the organisation. Bert’s vision has turned the factoring industry into an expansive and important resource for small businesses. We are proud to continue the legacy that Bert built.”
Michael Bickers, Managing Director, BCR said: "Bert was a regular guest at RFIx as I have been at the IFA’s annual conference, so we met on many occasions. I found him a kind and generous man, who had great respect among the factoring community for what he had achieved in his career and for his knowledge of the sector".
Mark Mandula, Chief Marketing Officer of United Capital Funding Group, said: "I knew Bert and my partner Ivan knew him very well over the past nearly 25 years. Life is indeed short and each day is a gift. He and his family are in our thoughts and prayers".
Bert leaves his wife, Cheryl, and twenty-three-year-old daughter. A memorial service will be scheduled for a later date. The IFA have asked that In lieu of flowers, please consider donations to Beta Foster Care at www.betafostercare.org.