National accounts receivable finance company is now Commercial Funding Inc., reflecting the breadth of its business and a closer alliance with parent company, Commercial Credit, Inc.
Transfac Capital, Inc., a national provider of invoice factoring and accounts receivable financing, a subsidiary of Commercial Credit, Inc., has changed its name to Commercial Funding Inc. The change includes the launch of a new website, www.commercialfund.com, and more closely aligns its corporate identity with its parent company and sister company, Commercial Credit Group Inc.
“The new name is industry inclusive and indicates the full array of financial services we provide under the corporate umbrella of Commercial Credit, Inc.,” stated president and CEO, Dan McDonough.
The new website provides information about the industries the company works with – transportation, oil and gas, construction, waste, manufacturing, staffing, and other small businesses – gives detailed information about the financial services offered, and provides resources for those seeking knowledge about accounts receivable financing.
Senior vice president and general manager, Steve Sala, stated, “We’re excited for this change and the opportunities it presents. As we grow the business into new market segments, it makes sense for the corporate name to more accurately reflect what we do and who we serve.”