$500K Facility Gives Freight Carrier Greater Financial Flexibility

A freight carrier received a $500,000 factoring facility from eCapital, establishing a flexible source of funding supported by its accounts receivable.

The financing gives the business access to cash as eligible freight invoices are generated, reducing its dependence on customer payment timing. This provides the company with a more reliable source of liquidity to meet ongoing business needs.

The new facility provides the financial flexibility to address ongoing business requirements while continuing to serve the company’s customers.