Welcome  
The Commercial Finance Association (“CFA”) is the international trade group of the asset-based financial services industry. Members include the asset-based lending arms of domestic and foreign commercial banks, small and large independent finance companies, floor plan financing organizations, factoring organizations and financing subsidiaries of major industrial corporations. For additional information about the Commercial Finance Association visit www.cfa.com.

The Ohio Chapter of the CFA was founded in 1990 and is one of fifteen regional chapters of the CFA located throughout the U.S. and Canada. Based in Cleveland, the Ohio CFA attracts members and service providers from Ohio and surrounding states.

The purpose of the Ohio CFA is to promote the asset-based financial services industry through networking and educational opportunities offered at our various meetings and events. The lasting relationships between the members and service providers, and their contributions to our organization, make the Ohio CFA a strong and vibrant chapter.

Chapter News
Save the date for the Ohio CFA's Fall Meeting on Thursday, October 23rd, 2008 (expected to start at 5:00pm).  The meeting will be at the Cleveland Downtown Marriott and will include a networking reception and a guest speaker.

2009 Officer Positions - The Board is accepting nominations through October 8 for the Ohio CFA officer positions for the 2009 calendar year (President, Vice President and Treasurer).  The officer election will immediately precede the Fall Meeting on October 23rd.  If you are interested, contact a member of the Nominating Committee below.   

  Tim Griffin      

  216-277-7509

  Timothy.griffin@rbsbusinesscapital.com

  Jim Cannella

  216-222-2456

  James.cannella@nationalcity.com

Contest Update
At the Winter Meeting in March, audience members were asked to complete a brief survey, including two questions asking people to guess, as of September 30, 2008, a) the Prime Rate, and b) the Dow Jones Industrial Average.  Prizes will be awarded to the three people who correctly guess the Prime Rate and are one of the three closest guesses to the Prime Rate (tiebreaker).  See the standings as of August 15, 2008.  The WSJ Prime Rate has not changed since April 30 when the Fed lowered rates by .25% and most banks lowered their Prime Rate to 5.00%.  As we near the September 30 Contest closing, the only regularly scheduled FOMC meeting that remains is set for September 16!
ContestStandings 8-15-08

Sponsors
The Ohio CFA is grateful to all of our Sponsors whose financial support helps to defray our costs and allows us to offer high quality meetings and events. See Sponsors for information on sponsorship opportunities.