Transfac Capital Finances Cornerstone Transit of CO

* Reuters is not responsible for the content in this press release.

Thu Apr 22, 2010 11:45am EDT 

  SALT LAKE CITY, UT, Apr 22 (MARKET WIRE) -- 
Transfac Capital announces that it has extended an accounts receivable
financing facility to Cornerstone Transit, LLC of Lakewood, CO. This
$100k line will allow the restart of Cornerstone and continue their
ability to grow. Cornerstone is a regional hauler of containers. The
owners of Cornerstone have been in transportation for the last decade and
Transfac's funding will give the company stability. 

    Transfac Capital finances and manages accounts receivable factoring and
lines of credit for small and medium sized businesses around the country.
Transfac traces its roots to 1942 and has financed hundreds of companies
through invoice funding, factoring, or accounts receivable lines of
credit. Transfac prides itself on working with small to medium sized
businesses with annual sales from $500k to $60 million.

    

Eric Myers
801-575-6500
ericm@transfaccapital.com 

Copyright 2010, Market Wire, All rights reserved.

-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.