SOURCE: Transfac Capital, LLC

Transfac Capital, LLC

May 01, 2013 08:30 ET

Transfac Capital Expands U.S. Presence With Opening of New Regional Offices in Ohio and Missouri

SALT LAKE CITY, UT--(Marketwired - May 01, 2013) -  Transfac Capital, Inc., a specialty finance company providing accounts receivable funding to small and mid-sized companies, today announced that it has continued to expand its U.S. national presence with the opening of new regional offices in St. Louis, Missouri and Westlake, Ohio. 

With a geographic footprint now extending across the country, Transfac serves companies primarily operating within the oil and gas, staffing and transportation industries through its growing network of regional offices and service centers located in California, Louisiana, North Dakota, Ohio, Oregon and Utah. 

Mike Schepper, Marketing Director at Transfac, stated, "Transfac Capital is ideally suited to address the cash flow demands of oil and gas, staffing and transportation companies due in large part to the fact that key members of our leadership team currently own and operate companies in these industries and have years of personal, hands-on experience dealing with the challenges inherent in these specific business environments. This gives Transfac unique and powerful insight and understanding when compared to other factoring firms who compete with us to provide creative funding solutions to these types of companies."

Continuing, Schepper said, "Our national expansion strategy provides for Transfac to establish additional regional offices which cater to these and other industry sectors in targeted underserved markets. It is important to note that all of Transfac's locations offer specialty finance services to virtually any company in any industry; however, each of our offices boast specialized expertise in particular industries. This helps us to offer stress-free, seamless service to our customers, because we know and understand their business needs."

"Currently, our home office in Salt Lake City, coupled with our offices in North Dakota, Texas and Ohio, specialize in financing companies in the oil and gas and transportation sectors operating in the Midwestern region of the U.S. Our Louisiana and St. Louis branches were formed to serve customers in the southeastern region of the country. On the West Coast, we have offices in San Francisco, San Diego and Portland which focus predominantly on the transportation and staffing industries. Our Portland office is also home to the 'fundmyfreight.com' program, which was specifically created to address the capital needs of trucking owner/operators who own between one and five trucks and need immediate financial assistance with their current invoices, and who also can benefit from our proprietary fuel card and incentive programs," added Schepper.

Concluding, he noted, "We are always looking for knowledgeable people to represent our Company in key, high growth markets and welcome the opportunity to speak with prospective new employees and business partners."

About Transfac Capital, Inc.
Transfac Capital, Inc. has financed business since 1942. With over 10 locations nationwide and growing, coupled with its team's experience owning and operating companies in the oilfield, staffing and transportation industries, Transfac Capital has become one of the leading factoring and financial business solutions companies in the industry. Transfac Capital offers competitive services in invoice factoring, account receivable management, account receivable financing, inventory financing, purchase order factoring and fuel card program.

For more information about Transfac Capital factoring and its locations, visit www.transfac.com or call 800-316-4212.

To view career possibilities with Transfac Capital, visit www.transfaccareers.com.

Industry sites:
http://truckingbusinessfinancing.com/
http://staffingcompanyfinancing.com/
http://oilfieldbusinessfinancing.com/

Contact Information

  • FOR MORE INFORMATION CONTACT:
    Investors:
    Hanover|Elite
    Kathy Addison or Dodi Handy
    407-585-1080
    TFAC@hanoverelite.com

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