factoring companies

Drive real growth with eCapital: Hoss Transportation Success Story

Challenge:

Invoice factoring solutionsBrand new to the industry, Barrett wanted to enter the fast-paced, exciting world of transportation, so he started Hoss Trucking with one driver and one truck. He had funds to get his ducks in a row, but that quickly depleted before he was able to haul his first load. A young business lacking experience in the industry, but not lacking a healthy dose of drive and ambition, banks turned him down. Getting that working capital was tough. Enter eCapital.

Solution:

Barrett had never heard of factoring before, but after researching and doing his homework, he realized it could be the perfect solution for his business. Utilizing all the services eCapital has to offer, including the load board membership and fuel advances, Barrett factored his first load.

Results:

invoice factoring case studyCombining his new-found working capital with his keen business sense, Barrett was able to grow Hoss Transportation to five drivers and five trucks in just one year while increasing revenue from $2,500 per truck to $25,000 per truck each month. He has no intention of slowing down any time soon, and why would he? He’s on a roll!
At eCapital, we offer quick, simple funding options so your business can have the much-needed access to capital it deserves.
Contact us today at 760.456.3786 or fill out our form to request a no obligation quote.