Freight Factoring
$500,000
FUNDED- DATEAugust, 2024
- DIVISIONTransportation
- CATEGORYFreight Factoring
Sellersburg, IN
eCapital Powers Freight Broker’s Growth with $500K Factoring Facility
This $500,000 freight factoring facility was provided to a fast-growing freight broker in Indiana operating a fleet of 63 trucks. The broker selected eCapital for our deep expertise in the transportation industry and our ability to partner with them to fuel their business growth.
This factoring facility will provide the business with immediate access to cash flow, allowing them to invest in expanding their fleet, hiring additional drivers, and taking on more freight. By partnering with eCapital, they can focus on growing their business while we handle the complexities of accounts receivable management.