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Wells Fargo Trade Capital · New York, NY United States

Company Description

119 W. 40th St. 10th Fl.
New York, NY
10018
United States (Map)
Phone: 212-703-3616
Fax: 212-703-3653
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    Wells Fargo Trade Capital (formerly Wells Fargo Century) has been in the specialty finance business for more than a half-century. Founded as Century Business Credit, this once family-owned factoring company that extended credit to the garment industry has been a subsidiary of banking giant Wells Fargo since 1999 and is one of the largest factoring outfits in the US. It primarily serves manufacturers, wholesalers, and importers and exporters. The company focuses on supply-chain financing in addition to its traditional factoring and other related services such as accounts receivable and inventory financing, receivables management, and letters of credit. To read the full description, subscribe now.
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    Key Wells Fargo Trade Capital Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Employees210

    Wells Fargo Trade Capital Executives

    9 executives listed for Wells Fargo Trade Capital's New York, NY location.
    TitleName & BioContact
    Chairman, President, and CEOStuart BristerNetwork
    COOTony AloiNetwork
    EVP and West Coast Regional ManagerKevin SullivanNetwork

    Competition

    Competitive Landscape for Wells Fargo Trade Capital
    Demand is driven by consumer spending. The profitability of individual companies depends on efficient operations, as services are sold largely based on cost. Large companies have big economies of scale in processing and can provide more services; small companies can compete by specializing in industries and providing custom services. The business is highly automated and capital-intensive: average annual revenue per employee is about $225,000. To read the full description, subscribe now.
    Top Wells Fargo Trade Capital Competitors
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