National Business Capital Provides $1M in Funding to Support Tesseract Express Fleet Expansion and Growth

National Business Capital today announced the successful funding of more than $1 million in working capital for Tesseract Express, a 25-year-old transportation and last-mile delivery company. The financing, delivered across three rounds, enabled the company to overcome a sudden cash crunch and expand its fleet to meet a surge in demand.

Tesseract Express faced a critical turning point when their factoring company froze invoice advances and their senior lender withdrew support—just as orders spiked due to U.S. businesses preparing for upcoming tariffs. With low-to-mid 600s credit, no collateral, and significant operating expenses, traditional financing options were unavailable.

Through National’s industry expertise and flexible approach, approval was secured quickly. Two transactions were funded on the same day, with subsequent rounds providing the liquidity needed to re-outfit trucks, expand capacity, and strengthen operations.

With the new capital, Tesseract Express upgraded its fleet, monetized storage space by charging fees for early shipments, and leveraged bonus depreciation before year-end to optimize tax positioning.