Tranzax Co., Ltd

Company Name
Tranzax Co., Ltd
Founder/CEO
Headquarters Location
URL
http://tranzax.co.jp/
Service/Product
Supplier Finance, PO Finance
Total Equity Funding
non-disclosed
Investor
non-disclosed
Description
Tranzax Co., Ltd entered the Electronically Recorded Monetary Claims business in Japan in order to operate smooth financial arrangements, predominately for SME. Their subsidiary company, Densai Service, provides Electronically Recorded Monetary Claims by SMEs for primary makers who have accounts receivable. By assigning the accounts receivable to a Special Purpose Company (SPC), the company is able to promptly collect their funds, due to the credit capability of the primary makers, with a low interest of 0.7-1.2%.
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