International Factoring Association adds five industry leaders to advisory board

The International Factoring Association (IFA) has appointed five new members to its advisory board, bringing additional leadership experience from across the factoring and commercial finance industry as the organisation continues to expand its support for receivables finance providers.

The new appointments were announced on 9 June and include Jonathan Brindley, founder and president of Capitally Finance Corp.; Brian Center, partner and chief executive of Quasar Capital; Tom Croteau, president and chief executive of OperFi; Andrew Osborn, senior managing director of working capital at Pathward; and Paige Runyard, senior credit and portfolio manager at First Business Specialty Finance.

The advisory board plays a key role in supporting the IFA’s strategic direction, providing industry insight and helping shape initiatives designed to support factoring companies, receivables finance providers and other commercial finance businesses.

According to the association, the new members bring expertise spanning working capital finance, portfolio management, credit risk, technology-enabled finance and commercial lending. Their appointments come as the factoring sector continues to evolve amid growing demand for liquidity solutions, digitalisation of receivables finance processes and increasing interest in alternative funding models.

Tania Daniel, executive director of the IFA, said the new board members would help support innovation and strengthen engagement across the association’s membership.

The appointments also reflect the growing importance of industry bodies in helping factors and commercial finance providers navigate changing regulatory requirements, technology adoption and evolving customer expectations.

The IFA represents more than 450 member organisations globally, including independent factors, bank-owned factoring companies and specialist receivables finance providers. As demand for working capital solutions continues to grow, industry collaboration and knowledge-sharing are expected to remain key priorities across the receivables finance market.