Canada

$2.75MM Freight Factory Facility for Canadian Regional Carrier

A fast-growing Canadian regional carrier secured a $2.75MM freight factoring facility to strengthen cash flow and support growth.

Facing expanding routes and rising operating costs, particularly in fuel, payroll and new equipment, the carrier needed access to flexible working capital.

The financing solution not only bridged short-term cash needs, but also helped the company to scale its presence and maintain service momentum across Canadian markets.