Articles | News
Line of Credit for Trucking
Trucking or transportation companies that have been factoring and are considering shifting to a line of credit, or if factoring is not an option and prefer a line of credit secured with their accounts receivables should know that there are asset based lenders and certain trucking factoring companies that are offering a number of asset based facilities tailored to fit the specific credit needs of trucking and transportation companies.
They can also offer additional sub-lines or term loans secured with equipment, inventory or commercial real estate. Remain competitive and resourceful with credit facilities that are structured to meet the financial requirements of trucking and transportation companies!