$650K Freight Factoring Facility Positions Ontario-Based Carrier for Growth

eCapital provided a $650K freight factoring facility to an Ontario-based carrier operating a fleet of 20 trucks within the general freight transportation market. 

As demand increased, the company required more consistent cash flow to support operations, including fleet utilization and operating expenses, while managing extended payment cycles from shippers. 

eCapital delivered a tailored financing solution providing faster access to funds tied up in outstanding invoices.  

The facility enhances financial flexibility and supports continued growth and expanded transportation capacity.