VA Based Trucking Company

  • Transportation Company

    $ 500,000


    • Client: Virginia based trucking company.

    • Situation: This 7 year old company was growing quickly and needed its first line of credit to support its growth.

    • Need: The new government contract that they received required greater resources and equipment.

    • Solution: By providing this $500,000 line against receivables , client used the available cash to hire additional drivers and purchase two trucks to meet the contract’s demands.