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News Stories (10 Results) - Trucking

Pathway Capital closed a $7 million senior secured revolving credit facility to a regional trucking and warehousing company in northern New Jersey. Pathway acted as the sole arranger.The revolving line of credit is collateralized by accounts... Read Story

February 16, 2021, 08:00 AM

Wintrust Receivables Finance announced today the closing and funding of a $1.5 million credit facility for a trucking company based in Illinois. The company specializes in hauling dry goods, sheet metal, and general freight, while also providing... Read Story

December 03, 2019, 09:00 AM

TAB Bank announced it has provided a $1 million revolving credit facility for a trucking company based in Montana. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The... Read Story

September 27, 2019, 09:00 AM

By order of the Quebec Superior Court, Tiger Group and Liquidity Services are conducting an online-only auction of a large fleet of late-model truck tractors, dry van trailers, refrigerated units, pickup trucks, dollies, forklifts and other support... Read Story

April 26, 2019, 08:45 AM

Sallyport Commercial Finance provided a $400,000 Accounts Receivable facility to a trucking company that specializes in carrying a variety of steel products such as rebar, plate steel, formed steel, coil and pipes.  In addition to hauling steel, the... Read Story

March 20, 2019, 08:00 AM

Amerisource Business Capital announced the closing and funding of a $500,000 credit facility for a distributor of parts and components for light and heavy-duty trucks based in Nebraska. Proceeds of the facility were used for general working capital... Read Story

June 26, 2018, 07:00 AM

Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that the Bank’s Asset-Based Lending Group has extended an $11 million credit facility to NEXT Trucking to support the company’s continued growth.  In... Read Story

March 28, 2018, 07:00 AM

Bibby Transportation Finance (BTF) announced a $500,000 factoring facility for 3A Express, a Michigan-based transportation company specializing in over-the-road (OTR) and refrigerated trucking. 3A Express holds contracts with some of the top shipping... Read Story

May 18, 2017, 08:00 AM

InterNex Capital, a digital lender providing accounts receivable revolving lines of credit to small and mid-sized businesses, recently provided $200,000 to an Alaska-based freight shipping and trucking company.The company will use the funds for... Read Story

May 03, 2017, 08:30 AM

ExWorks Capital announced that it provided $1.2 million in financing to a California based transportation services company. The company opened its doors in 2013 and specializes in providing semi-trucks and trailers with unique solutions customized to... Read Story

January 27, 2017, 07:00 AM