• $3,000,000

    FUNDED
  • DATEMarch, 2023
  • DIVISIONTransportation
  • CATEGORYFreight Factoring
Lexington, KY

25-Truck Fleet Secures $3MM Freight Factoring Facility to Fuel Rapid Growth

This 25-truck fleet with over 50 drivers based in Lexington, Kentucky provides drive-away services, transporting the vehicles of other fleets to maintenance facilities or new hubs. We provided a flexible freight factoring facility with a 95% advance rate on their accounts receivables to support their rapid growth.

LATEST TRANSACTIONS


Pennsylvania

$1,500,000

Manufacturing

AR Financing

Details
Texas

$15,000,000

Manufacturing

Accounts Receivable Financing

Details
Longmont, CO

$35,000,000

Business Services

Asset Based Lending

Details