• $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


Winnipeg, MB

$2,750,000

Transportation

Freight Factoring

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Coral Gables, FL

$5,000,000

Distribution

Invoice Factoring

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Stockton, CA

$3,000,000

Manufacturing

Asset Based Lending

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