Mario’s trucking business started small. It was a family business where working harder had always moved the business ahead. With the passing of his father, Mario wanted to lead the company beyond the financial plateau of many years. “We had great credit, almost 100 vehicles… I didn’t think we needed factoring to make a break through,” said Mario. He wanted to carve out money for driver pay and truck replacement but none of that seemed possible with their current cash flow demands.
An eCapital Factoring Consultant phoned Mario and ran the numbers for him. Mario learned that he didn’t have to factor all of his customers. “I was able to select just those customers that took longer to pay. This freed up a significant amount of cash every month,” said Mario. The extra cash flow goes toward getting new trucks, investing in drivers and other operating expenses.
Absolutely No Obligation
Liquidity was the key to advancing and strengthening the business. Mario leveraged the dependable cash flow and in just six months, replaced 10 trucks and added 6 more to the fleet.
Funding partnership to protect your business
eCapital understands the financial pressures you face and gets you access to your own money that’s bottle-necked in unpaid accounts receivable. No matter if you have 3 trucks or 100, we can get you paid quickly so you can:
- Expand your fleet
- Hire more drivers
- Make payroll and cover operating expenses
It’s simple, fast, and free to get started. Why not get a free, no-obligation quote?