Lines of credit
Receivables line of credit for and freight factoring solutions for trucking and transportation companies
Accounts receivable line of credit for trucking and transportation companies. If you are a trucking or transportation company that have been factoring and is considering shifting to a line of credit, or if factoring is not an option and prefer a line of credit secured with your accounts receivables, you should know that we offer a number of asset based lending including ledgered lines of credit and equipment financing facilities that are tailored to fit the specific credit needs of trucking and transportation companies.
The ledgered line of credit is similar to an ABL line, but unlike a bank ABL credit line, the advantages are significant:
- No audit requirements
- No restrictive financial requirements
- No restrictive covenants
- No financial ratio requirements
- No concentration restrictions
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If your trucking or transportation company is seeking a line of credit, refinancing or restructuring, expanding, or perhaps having business dilemmas, please complete this CONTACT FORM, we will contact you shortly.