SOURCE: Transfac Capital, LLC

Transfac Capital

April 10, 2014 13:21 ET

Transfac Capital Closes 14 New Deals in First Quarter, 2014

SALT LAKE CITY, UT--(Marketwired - April 10, 2014) - Transfac Capital, Inc., a specialty finance company providing accounts receivable financing to small and mid-sized companies, today announced the Company closed 14 specialty finance transactions in the first quarter, ended March 31, 2014.

Included in these first quarter transactions were several new clients who were funded via Transfac's proprietary Fund My Freight® program. Fund My Freight caters to the needs of small enterprises with fewer than five trucks in their fleets. This efficient specialty finance program offers credit protection, high advance rates and a quick, easy qualification process designed specifically with the owner/operator in mind.

 Transfac Capital is nationally recognized as one of the nation's preferred providers of specialty financing to commercial businesses and provides substantial capital to the transportation and trucking industry. "Our Company's long history of serving commercial organizations has provided our team of finance professionals with a deep respect and affinity for these hard working business owners. That experience has earned us a growing share of business in the booming oil and gas market. We're proud that we have been able to contribute to the success of these rapidly growing companies," stated Michael Miller, Transfac's Director of New Markets.

About Transfac Capital, Inc.
Transfac Capital, Inc. can trace its roots back to 1942. With their long history of providing funding, coupled with its team's experience owning and operating companies in the oilfield, staffing and transportation industries, Transfac Capital is one of the leading factoring and financial business solutions companies in the financial services industry. Transfac Capital offers competitive services in invoice factoring, account receivable management, account receivable financing, as well as offering a fuel card program for its transportation clients. To learn more about Transfac Capital's financing options for small to medium size business which include oilfield, transportation, staffing and general commercial companies, please visit www.transfac.com or call 1-800-458-6056. 

Contact Information

  • FOR MORE INFORMATION CONTACT:
    Investors:
    Hanover|Elite
    Erin Palmer
    Director of Client Relations
    407-585-1080
    or via email at TFAC@hanoverelite.com

    Media:
    At Transfac Capital
    Mike Schepper
    Marketing Director
    801-575-6500 ext. 118