FROM THE BEGINNING
Capital Business Credit (CBC), formerly known as Capital Factors, was established in 1987. In May 2005, industry veteran, Andrew Tananbaum acquired the Company with Perry Capital, and formed CBC. Today, CBC is one of the largest trade finance companies in the United States that is not affiliated with a commercial bank. Tananbaum currently serves as Executive Chairman of CBC.
Prior to the acquisition, Tananbaum served as President and CEO of Century Business Credit Corporation which was acquired by Wells Fargo in 1998.
Today, CBC has nearly 100 employees and is headquartered in New York with regional offices in Los Angeles, Charlotte, Hong Kong, Shanghai and Fort Lauderdale.