Small Minnesota Trucker Keeps Moving By Factoring Its Loads

We are excited to announce that Commonwealth Capital, LLC recently funded freight bills for a small trucking company in the Minneapolis-St. Paul metro area. The company was recently granted its operating authority and wanted to use invoice factoring to improve its cash flow. The owner/operator wanted a factor where he’d receive individual attention, and who would also help him do credit checks on the brokers and shippers he was hauling for. The trucker was looking for a Minnesota-based factoring company, instead of just dealing with a national factoring company where he’d only be known by his MC number.

Commonwealth Capital provided the trucking company with:

• a competitive advance rate and discount fees,
• funding for his invoices within 2 business days of meeting, and
• experienced staff who can guide him when any questions come up
• access to owners and decision makers

If you’re looking for a factoring company who’s in your corner, please contact us using the form below.

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Talk with a decision maker about factoring →

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