Capital Now Provides $100K Credit Facility to Trucking Company

Capital Now provided a $100,000 credit facility to a hotshot trucking company in Calgary, AB.

The client is a new business that provides services to oil and gas companies. It was facing lengthy payment terms from such companies, which led to immediate cash flow problems. As a new businesses, the client was ineligible for bank funding, so it looked into factoring, leading it to Capital Now.