Healthcare United States
25-Truck Fleet Secures $3MM Freight Factoring Facility to Fuel Rapid Growth
Transaction Details
- $3MMFUNDEDPRODUCT
- Transportation
INDUSTRY- Lexington, KY
LOCATIONMarch, 2023This 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
Start your journey with a world-class leader in specialty finance
Start an application instantly to get started OR contact us to design a custom financing package for your business.
Expert-Backed Financing, Tailored for Your Business
Leverage our expertise and dedicated support to build a custom funding solution—quickly and efficiently.
Discover the speed of tech-enabled funding
Learn how we’re using cutting edge technology to get you the capital you need faster than ever before.