July 2005 - Winners of the recently announced Trade Finance Magazine 2005 Trade Finance Awards for Excellence included Transcap, A Wells Fargo Company. Transcap was cited in the Best Trade Finance Boutique category as the top U.S. based company and third overall.
The Awards, based on a poll of readers, include such categories as Best Structured Trade Bank (Citigroup), Best Online Trade Finance Bank (ABN Amro), Best Documentation Bank (Deutsche Bank), and Best Trade Bank in Latin America (BBVA). "We are proud of being included on such a prestigious list," said Ira J. Edelson, President of Transcap. "We truly appreciate the support of the international trade and business community."
With 15 years in business, Transcap provides short-term funding to its customers, supplementing conventional financing from their traditional lenders. TranscapÂ's expertise encompasses high-level finance structuring, importation strategies, Letters of Credit and international trade. The Company has extensive operations dedicated to the overall monitoring of transactions. "We have the creative, problem-solving capabilities needed to provide quick and flexible financing to our customers," adds Edelson.
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