Commercial Funding Inc. Accelerates Growth with Strategic Acquisition of Amegy Business Bank's Factoring Portfolio from Zions Bancorporation, N.A.
PR Newswire
SALT LAKE CITY, June 1, 2026
Acquisition expands CFI's footprint in the western and southwestern states and enhances service capabilities for existing and new clients.
SALT LAKE CITY, June 1, 2026 /PRNewswire/ -- Commercial Funding Inc. (CFI), a national provider of accounts receivable financing, today announced the acquisition of the factoring portfolio of Amegy Bank, a division of Zions Bancorporation, N.A., significantly expanding its presence in the United States.
The acquisition expands CFI's factoring portfolio, strengthens market penetration in key industries, and further diversifies the client base CFI serves.
Included in the transaction, along with the factoring portfolio, CFI will bring on key members of the servicing team to ensure continuity of service. Clients will continue working with their current servicing team members and will experience uninterrupted access to their accounts and historical data.
"The purchase of this portfolio expands our presence in the western and southwestern states and strengthens our ability to serve a broader range of clients," said James Baugh, Senior Vice President for CFI. "Given the alignment in our operations and customer credit profiles, we are well-positioned to deliver a seamless transition while enhancing the level of service our customers expect."
Terms of the agreement are undisclosed.
For more information, visit www.commercialfund.com.
About Commercial Funding Inc.:
Commercial Funding Inc., a wholly owned subsidiary of Commercial Credit, Inc., provides invoice factoring, accounts receivable financing, and asset-based loans to middle-market companies nationwide. Based in Salt Lake City, UT, the company serves businesses in a variety of industries, including transportation, oil and gas, construction, waste, manufacturing, distribution, and staffing. For more information, please visit www.commercialfund.com.
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SOURCE Commercial Funding Inc.