Cynthia Williamson has more than 30 years of experience in factoring and asset based lending in a variety of support roles, including audit, account management, and verifications. Cynthia has taken on a number of liquidation assignments, where she monitored client activities in the field, put account debtors on direct notification, and collected out accounts receivable collateral. Most recently, Cynthia was a Verifications Manager for a Chicago based finance company.
Cynthia began her career providing accounting support to small, private companies before joining Ambassador Factors. As a small company factor, Ambassador gave Cynthia the opportunity to join in almost every facet of the business during her six-year tenure.
Cynthia was promoted to Verifications Manager at FINOVA upon the acquisition of Ambassador Factors. She was responsible for fourteen verifications professionals located in regional offices throughout the United States. Cynthia Williamson had responsibility for a rigid verifications program, based on a highly leveraged portfolio of $2 billion in corporate finance and business credit transactions. She also took on a $2 billion rediscount portfolio of consumer finance company loans that required consumer verifications.
During her ten-year tenure at FINOVA, Cynthia took her verifications group from an alpha generated, written verifications program, to a highly automated process using Stuckey NTDV. Later, Cynthia took the Stuckey NTDV process and designed a much more responsive phone verifications program.