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Transfac Capital Brings Invoice Financing to Utica, Marcellus Shale Fields

June 25, 2013, 08:02 AM
Filed Under: Factoring

Transfac Capital, Inc., a specialty finance company providing accounts receivable financing to small and mid-sized companies, announced the expansion of its presence into the Utica and Marcellus Shale fields. Tanya Boczek, Business Development Manager of Transfac Capital, will lead business development efforts in Ohio, Pennsylvania and West Virginia pursuing relationships within the oil and gas industry.

Mike Schepper, marketing director of Transfac Capital, stated, "Transfac understands the importance of having a 'boots on the ground' mentality when working to offer financial services to the oil and gas industry. Tanya gives Transfac the ability to offer our services through a direct and personal approach. Her knowledge of the industry, along with her experience handling the funding needs of small businesses, are notable strengths that Transfac will use to propel our Company's expansion efforts into the Midwestern Tri-State region."

"The Utica Shale, which sits below the Marcellus Shale, lies under most of New York, Pennsylvania, Ohio and West Virginia, and has the potential to become the largest natural gas play in the world. As a result, the business opportunities to be gained in this region are staggering. Transfac Capital intends to become a leader in providing working capital funding to the energy industry in the tri-state region," said Boczek.

With locations in Salt Lake City, San Francisco, San Diego, St. Louis, Louisiana, North Dakota and Ohio, Transfac Capital is earning distinction as a leader in invoice financing solutions for small to medium-size businesses. Transfac Capital, Inc. has financed business since 1942.

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