Phil Buffington Featured in Financial Poise Webinar on Business Borrowing Strategies

Phil Buffington, a partner in the firm’s Banking & Financial Services Practice, recently served as a featured panelist in the Financial Poise webinar, "Business Borrowing Basics: What Kind of Loan?" which was held on March 12. The webinar explored fundamental distinctions between asset-based loans (ABL) and cash flow loans (CFL), offering practical guidance on borrowing strategies from both business and legal perspectives.

In this webinar, the panel provided insights into the nuances between different types of lending structures, emphasizing how lenders evaluate company assets—including accounts receivable, inventory, and equipment—as collateral in asset-based lending scenarios. The panel also outlined the advantages, risks, and optimal circumstances under which businesses might consider specific financing alternatives.

In his practice, Phil advises financial institutions across the country on complex banking and regulatory matters. Leveraging over three decades of experience, Phil guides community, regional, and national financial institutions on regulatory compliance, and mergers and acquisitions. He also provides counsel on strategic and capital planning, corporate governance, and responses to enforcement actions.

For his standout work, Phil has been recognized by Mid-South Super Lawyers and has earned multiple distinctions from The Best Lawyers in America^®, including the 2025 "Lawyer of the Year" in Banking and Finance Law for Jackson, Mississippi.