Wells Fargo Trade Capital Company Description
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.
View the Comprehensive Company Description for Wells Fargo Trade Capital
The Company Description provides a historical perspective of Wells Fargo Trade Capital's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Wells Fargo Trade Capital's evolution in the marketplace.
