Transfac Capital is a company that operates in the financial services industry and has a long history which goes back to its initial establishment back in 1942. It is headquartered in Salt Lake City in the state of Utah. The number of employees staffing it currently is between 11 and 50 employees. Investors in the company comprise the venture capital and Micro VC types. Transfac Capital has offered assistance in business credit risk assessment, accounts receivable funding, and accounts receivable management since its founding. This company was founded in order to bill as well as congregate thousands of transportation invoices every week and now operates in the area of modern-day accounts receivable financing.
The transportation industry is a major factor behind the success of this company. Several companies including startups all over the world are currently funded by Transfac Capital. It looks to add innovative ways of operation and claims that it is one of the most reputed contributors to the receivable financing sphere. It also claims that it is always improving its resources for better customer experience in the future. Transfac Capital has a ranking of 294 out of 350 in the category of non-bank finances on the Trustpilot website.