January 2007 - Transcap, A Wells Fargo Company, National Business Development Director, Paul D. Schuldiner, provided the keynote address at the New York State Society of Certified Public Accountants Apparel and Textile Industry Conference held at the offices of the Foundation for Accounting Education in New York.

The keynote address provided an update on the latest financing trends in the apparel industry. Schuldiner discussed trends and the utilization of bank lending, factoring, asset-based financing, second lien lending, as well as purchase order financing and global trade credit, the latter two which are offered by Transcap as solutions to the working capital needs of apparel and textile companies.

The conference was well-attended by accountants, attorneys, lenders who service apparel and textile companies as well as the controllers and chief financial officers of such companies. Transcap has significant expertise in providing financing for apparel companies. Click here to learn more on the Transcap case study for the Apparel industry.

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