Transfac Capital, Inc., a specialty finance company providing B2B accounts receivable financing to companies nationwide, announced that Mary Koncir has joined the firm as a Business Development Officer in the Northeast U.S. region. Koncir will lead development efforts of Transfac’s accounts receivable funding services while based in eastern Pennsylvania and will be over the region’s surrounding states.

“We’re thrilled to add Mary to our Transfac family,” said Keith Merrell, Controller of Transfac Capital. "Mary brings with her specialized vertical knowledge of alternative business financing that will certainly benefit those companies in need of Transfac’streamlined cash flow management solutions. We are very fortunate that we were able to find someone with Mary’s experience to work with our team.”

Koncir will enhance Transfac’s recent portfolio growth providing rapid funding services to some of the fastest-growing companies in America. Koncir comments, “I am excited to take on this role with Transfac and look forward to working with their seasoned team of industry experts. It is rewarding to be able to see businesses grow rapidly or recover more quickly with our specialized finance tools. I am pleased to be able to join such a deeply rooted, well-respected company. I love knowing that clients who sign on with us will be well-served and their accounts will be handled with exceptional care.”

Transfac Capital’s accounts receivable financing provides working capital for businesses in need of improved cash flow. Transfac’s management team possesses specialized knowledge of staffing, transportation, fossil fuel service companies such as drillers, water haulers, tank cleaners and testers, and know that such companies often find themselves in a cash crunch when their debtors delay payment. Transfac’s industry knowledge is an important component in crafting “win-win” financial solutions. Transfac Capital, Inc. has financed business since 1942.