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Sunday, March 15, 2026
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What Are the Main Challenges That Banks Face in the Area of Asset-Based Lending? | Secure Trust Bank’s Managing Director, James Hodkinson

In this candid discussion with FF News, James Hodkinson, Managing Director of Secure Trust Structured Finance, shares his reflections on the challenges and opportunities impacting the asset-based lending (ABL) sector.

James details the economic headwinds of the past few years—rising interest rates, inflation, and cost-of-living crises—that have reduced transaction activity and stunted the growth of the sector significantly. That said, he notes that there are “green shoots” emerging in the economy as activity picks up, signaling a return of confidence in the market.

In addition to macroeconomic conditions, James comments on the industry’s biggest challenge—talent. With an aged workforce and fewer entrants into ABL through traditional banking routes, James underscores the need to reconsider talent acquisition. Secure Trust is attempting this by hiring chartered accountants, beyond the lending sector, and training them in the ABL model. James says the value of this approach is engaging with curating a completely new generation of specialists who can bring both a financial skills set and capability of lending.

This interview shows us a real sense of how Secure Trust has grappled with change—through resilience, honing in on talent, and with the mindest for long-term growth.

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