Latest CFA Asset-Based Finance Index Indicates Continued Growth

NEW YORK (PRWEB) May 20, 2018

U.S. businesses continue to grow, as reflected by increased borrowing during the fourth quarter of the year, the Commercial Finance Association(CFA) announced today. According to the CFA’s latest Quarterly Asset-Based Lending (ABL) Index, total committed credit lines increased 1% over 3Q2017 and 8% over the same quarter in 2016. New credit commitments increased 17% over the same quarter in 2016.

This data indicates borrowers have an increased need for capital to support expanding levels of inventory and accounts receivable, which is a positive sign for the economy.

Although gross write-offs grew in the quarter, they remain below all of last year and at historically low levels as a percent of loans outstanding. “The healthy growth in commitments year over year is a positive sign for both the industry and the economy,” said David Grende, Chair of CFA’s Data Subcommittee and President & CEO of Siena Lending Group.

“CFA’s Quarterly Asset-Based Lending Index provides our stakeholders with vital data they need to understand key marketplace trends. It also reflects the important role secured lending plays in the economy,” said Richard D. Gumbrecht, CFA CEO.

The Quarterly Asset-Based Lending Index is conducted for the CFA by Westat, an independent market research firm. CFA has tracked secured lending activity and published the Quarterly Asset-Based Lending Index since March 2008 to provide insight on national commercial lending trends.

A full copy of CFA’s Quarterly Asset-Based Lending Index is available at: http://higherlogicdownload.s3.amazonaws.com/CFA/5af7a9c9-58cf-45d6-9b3c-bcb8cecd80cc/UploadedImages/CFA_Quarterly_Non-Participant_Report_4Q_2017_FINAL.pdf

About the Commercial Finance Association

Founded in 1944, the Commercial Finance Association is the international trade organization representing the asset-based lending, factoring, trade and supply chain finance industries, with over 250 member organizations throughout the U.S., Canada and around the world. CFA provides education, networking opportunities and industry advocacy to the global commercial finance community.

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Performance Contracting Group Receives Prestigious International Award

KANSAS CITY, Mo. (PRWEB) May 20, 2018

Dale Carnegie, one of the world’s leading human resources and management consulting organizations, has awarded its most prestigious international recognition to Kansas City’s Performance Contracting Group (PCG). The Leadership Award recognizes organizations that focus on developing their human resources in innovative, thoughtful and creative ways.

PCG is a leading specialty contractor, serving the industrial, commercial and non-residential markets in its more than 50 offices around the country. PCG, an employee-owned company based in Lenexa, Kansas, has more than 50 offices across the U.S., employing more than 6,500 skilled craft workers and nearly 1,000 full-time employees. The company’s annual revenue exceeds $1 billion.

PCG’s president and CEO Bill Massey: “I am honored to receive the award on behalf of the entire leadership team of the company. This award is evidence from Dale Carnegie that our People initiative is working.”

The Dale Carnegie Leadership Award, established in 1985, recognizes companies that place a special emphasis on innovative human resources’ practices in order to reach business objectives. Since its inception, the Leadership Award has been presented to many of the best companies in the world, including; Walmart, Scandinavian Airlines, and now Performance Contracting Group. This is the second time a Kansas City-based company has been honored with this prestigious award. KCP&L was honored several years ago.

“PCG stands out for its unwavering commitment to ensuring every employee has a robust development plan aimed at building individual skills, whether that’s enhancing business acumen or improving communications. head and shoulders above our other clients in a variety of ways. PCG leads in the construction industry because of a dedication to people, but regardless of industry, their employee focus is exceptional,” said Ron Cox President Dale Carnegie Kansas City. “They value and promote succession planning and learning and development. This is a company that is always asking the question: How do I grow every team member?” said Ron Cox President of Dale Carnegie Kansas City.

PCG’s people-first approach is part of its “"Employee Success and Well-Being” initiative, which guides employees to reach their full potential. PCG’s philosophy: For the company to thrive, its employees must thrive.

Bill Massey, President and CEO, PCG has articulated a vision of "People, Strategy, Execution." PCG is world-class at execution, so the opportunity is in equaling that feat on the people side. In word and in action, the company is serious about this challenge. Morale and satisfaction are critical, so PCG worked with Dale Carnegie to measure employee engagement. Leaders at all levels are being held accountable for the people initiative. Dale Carnegie has contributed to the success of PCG by developing their people in the areas of leadership, interpersonal relations and effective communications.

About Dale Carnegie

Dale Carnegie was founded in 1912, inspired by one man’s belief in the power of self-improvement. Since then, it’s evolved into a movement that’s crossed borders and generations, showing people how to tap into the best parts of themselves to create positive change. Dale Carnegie’s original body of knowledge has been constantly updated, expanded and refined through nearly a century's worth of real-life business experiences. Our programs, available in over 25 languages, show people all over the world how to communicate in a way that draws others in, so they can form closer, more rewarding relationships. Whether they’re starting out or stepping up, learning to lead or heading up a team, we sharpen their inner-voice so they can use it with confidence to get the most out of their lives and their work. For over 100 years, we’ve helped communities everywhere prosper by improving the personal and financial well-being of the people who live there, and the companies that do business there. Today, through franchises in over 75 countries and all 50 states, we help people gain greater influence and make meaningful contributions in the places that matter most.

Dale Carnegie of Kansas City

We shape many company cultures in Kansas City by coaching employees to excel in their roles. For over 105 years, we have helped companies of all sizes generate revenue, increase productivity and reduce costs. We partner with companies in creating competitive advantage through the development of their greatest resource – their people.

We focus on the people side of business.

Thought Leadership Areas Human Relations, Employee Engagement, Leadership Development, Communication, Customer Service, Sales, Business Development, Presentations, Teamwork, Stress Management, Process Improvement.

For more information about Dale Carnegie, please call Ron Cox at 816-569-4511 or visit http://www.kansascity.dalecarnegie.com

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Emerging Concepts Announces the Expansion of their Real Estate Clients at ICSC RECon

Las Vegas, NV (PRWEB) May 20, 2018

From the International Council of Shopping Centers’ RECon Emerging Concepts announces the national expansion of their real estate clients. Emerging Concepts represents some of the most dynamic and exciting restaurant and entertainment concepts in the United States and abroad.

Emerging Concepts is a subsidiary of EMERGING a restaurant consulting firm based in Chicago, IL. Using their proprietary gross prioritization model, they work with their clients to determine their optimal national expansion plans.

Voicebox is an innovative karaoke concept that uses proprietary technology to enhance the guest experience. With private customizable rooms and a full bar and restaurant Voicebox offers a new karaoke experience and is evaluating opportunities for expansion nationally.

Sustainable Restaurant Group is a brand rooted in conscious hospitality. Their stylish Japanese eateries use only sustainably caught, humanely raised, and naturally grown seafood. They bring sustainability to the forefront with their innovative menus. Sustainable Restaurant Group is expanding Bamboo Sushi and Quickfish nationally.

Silverspot Cinema is America’s premiere theater. Each theater is designed for an experience rather than simply a movie including a high-end restaurant. With new locations opening in Miami and Cleveland in the next month and construction kicking off in Milwaukee they truly are a growing brand.

Craveable Markets will be making their debut in Rosedale, MN this fall. This up-and-coming Food Hall concept will feature a high-end multifaceted marketplace including dining, artisanal retail, and entertainment. They are currently evaluating national opportunities for their next location.

Maple & Ash is Chicago’s most exciting steakhouse concept. With a tasting menu called “I Don’t Give a F*@k” featuring caviar bumps and champagne shots, Maple & Ash is turning the stuffy steakhouse concept on its head. They are currently working on deals to expand to DC and Toronto, CA.

FGL House is opening a flagship Luke Bryant venue in Nashville. The four-story restaurant and music venue will feature music every day, focusing specifically on today’s country trends. They are looking to expand into major markets across the United States.

City Works offers a diverse modern-American menu featuring old favorites with a unique twist. With over 90 craft beers on draft and around 120 handles, City Works provides one of the most extensive draft beer programs in the country. With openings in Orlando, FL; Tysons, VA; DC; Wheeling, IL; Vernon Hills, IL; Boston, MA; and Buffalo, NY slated for this year they are an exciting concept to watch.

Acebounce opened their first US location in Chicago last year. The ping pong playground concept boasts award-winning chefs and innovative technology. The game changing concept in the social entertainment space is looking at expansion opportunities in New York and DC.

Flight Club has shaken up the classic pub game of darts with exclusive technology. This award-winning concept just opened up their first US-based location attached to their sister concept Acebounce in downtown Chicago. Flight Club is evaluating expansion options in New York and DC.

Puttshack will premiere their first location in London, UK next month. Puttshack is changing the game of miniature golf. Using innovative technology and award-winning design, the traditional family activity is transformed. Coupled with high-end dining this concept is one-of-a-kind. Puttschack is considering where to make their stateside debut and is seeking opportunities in Chicago, New York, DC and Las Vegas.

The International Council of Shopping Centers' RECon or ICSC RECon 2018, is the global convention for the shopping center industry and provides networking, deal making and educational opportunities for retail and real estate professionals from around the world. With over 36,000 attendees and 1,000 exhibitors, ICSC 2018 is the place to be. This year’s ICSC 2018 will be taking place at the Las Vegas Convention Center; 3150 Paradise Road, Las Vegas, Nevada 89109.

Emerging Concepts is a strategic real estate partner with today’s leading restaurant and entertainment concepts. Our clients are highly selective with their growth and require great understanding of their concepts. We are passionate about our relationships and concepts that impact our quality of life and environment.

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