Transfac Hires Hogg to Launch Transportation Group

Transfac Capital created a new group focused solely on serving the transportation industry. The company hired Jefferey Hogg as the first regional vice president for the group.

CCG Taps Sala to Run Factoring Acquisition, Transfac Capital

Commercial Credit tapped financial services veteran Steve Sala to head its new factoring acquisition, Transfac Capital.

Commercial Credit Launches Factoring Biz With Transfac Buy

Commercial Credit, parent company of Commercial Credit Group, purchased the business operations of Transfac Capital and will expand into the accounts receivable factoring business.

Commercial Credit Launches IPO

Commercial Credit announced the launch of its initial public offering of 7,250,000 shares of its common stock. J.P. Morgan Securities and Keefe, Bruyette & Woods are serving as joint book-running managers.