Commercial Funding, a national provider of invoice factoring and accounts receivable financing, has added asset-based loans, typically ranging from $5,000 to $2.5 million, to its funding solutions.
Commercial Credit and BDT Capital Partners closed the their previously announced equity investment. The transaction will give BDT a majority equity stake in one of the largest independent commercial finance companies in the U.S.
Merchant bank BDT Capital Partners has made a majority equity investment in equipment and accounts receivable finance company Commercial Credit.
National provider of invoice factoring and A/R financing Transfac Capital changed its name to Commercial Funding. The change included the launch of a new website.
Commercial Credit, parent company of Commercial Credit Group, purchased the business operations of Transfac Capital and will expand into the accounts receivable factoring business.