Press Room
Interstate Capital Announces Development of BidPay Software
May 13, 2013 - Technology start-up, Capital Technologies, Inc. announced today the introduction of BidPay®, the proprietary web-based software that strengthens the supplier-purchaser relationship by delivering a spot liquidity resource to suppliers of major public and private corporations and government entities. BidPay, a cloud-based technology, is expected to launch publicly in the spring of 2014. BidPay electronically connects suppliers […]
Interstate Capital To Provide IFA Factoring Companies Free Access to Its Credit Files
May 12, 2013 - Interstate Capital To Provide IFA Factoring Companies Free Access to Its Credit Files.
Interstate Capital To Provide IFA Factoring Companies Free Access to Its Credit Files
May 12, 2013 - EL PASO, TX, MAY 12, 2013 Check Freight Broker, LLC (“CFB”), owner of the world’s largest 100% free transportation load board and freight payment database, announced today it is providing select factoring companies free access to its credit files. Effective June 1, 2013, IFA-member factoring companies may access CFB’s transportation payment database free of charge. […]
New Supply-Chain Finance Model Under Development by Interstate Capital Subsidiary
May 7, 2013 - MAY 6, 2013 EL PASO, TX Technology start-up, Capital Technologies, Inc. (CTI) announces the development of BidPay®, the proprietary web-based system that strengthens the supplier-purchaser relationship by delivering spot liquidity to suppliers of America’s leading companies. BidPay® Version 1.0, a cloud-based technology, is expected to be available to select clients by late 2014 after testing is complete. [...]
Interstate Capital Subsidiary Announces Development of New Supply-Chain Finance Product Under Development
May 6, 2013 - MAY 6, 2013 EL PASO, TX Technology start-up, Capital Technologies, Inc. (CTI) announces the development of BidPay®, the proprietary web-based system that strengthens the supplier-purchaser relationship by delivering spot liquidity to suppliers of America’s leading companies. BidPay® Version 1.0, a cloud-based technology, is expected to be available to select clients by late 2014 after testing [...]
Interstate Capital Corporation Announces Record Results
February 4, 2013 - Interstate Capital Corporation, a New Mexico-based accounts receivable factoring company, announced today preliminary results for the first six months of its current fiscal year, ended December 31, 2012. Factoring companies provide an outlet for growing businesses to raise working capital through the purchase of their clients’ accounts receivable. Interstate’s President, Tony Furman, reported total factoring [...]
Interstate Capital Provides Scholarship to El Paso Area High School Students
November 23, 2012 - Interstate Capital, an El Paso area employer, is proud to announce the establishment of the Interstate Capital Scholarship at the University of Texas McCombs School of Business. The scholarship is awarded annually to El Paso area high school students based on academic merit. The McCombs School of Business MBA Program is ranked 19th in Bloomberg Businessweek’s [...]
Interstate Announces Expansion of Popular Instant Online Rate Quote
November 23, 2012 - The Interstate Capital Group of Companies (“Interstate”) announced today the expansion of the factoring industry’s first and only customized instant on-line factoring rate quote technology. Visitors to Interstate’s flagship website, InterstateCapital.com, may now obtain a customized factoring rate quote online in less than two minutes. According to company president, Tony Furman, all of the Interstate [...]
Compare Factoring Companies
November 7, 2012 - The Interstate Capital Group of Companies (“Interstate”) announced today the launch of its newest web property designed to educate consumers about the importance of comparing factoring companies before entering into a factoring agreement. Factoring, a popular form of commercial financing, is used by growing companies to enhance cash flow and fuel growth through the ongoing [...]
Two Texas Exes Reach Rare Milestone In Business
October 16, 2012 - Formed by El Paso Texas Exes, Cliff Eisenberg (BBA, Cum Laude, 1973) and Tony Furman (BBA, 1982) in 1993, Interstate Capital reached a rare business milestone in 2012: It’s 20th year in business. Interstate is what’s known in the finance industry as a “factoring company”, a firm that provides funding for small and mid-sized businesses [...]
Interstate Capital Releases August 2012 Results
September 1, 2012 - Interstate Capital, a New Mexico based accounts receivable factoring company, announced preliminary results for August 2012 this morning. Louis Cohen, Vice President of Operations, reported total receivable purchases for the month reached an all-time record, $55 million. Interstate Capital, one of North America’s largest independently owned non-bank factoring companies, specializes in the purchase of accounts [...]
El Pasoans Reach Rare Milestone In Business
August 1, 2012 - Formed by El Pasoans Cliff Eisenberg and Tony Furman as a subsidiary of American Finance & Investment Co, Inc. (“AFIC”) in 1993, Interstate Capital, reached a milestone in 2012 seldom achieved by small businesses: It’s 20th year in business. Interstate is what’s known in the finance industry as a “factoring company”, a firm that provides [...]
Interstate Business Capital Announces Opening of New San Diego Area Office
June 26, 2012 - Interstate Business Capital (“IBC”) announced today the opening of its new San Diego office in July 2012. IBC is a subsidiary of Interstate Capital Corp. (ICC), a New Mexico based company specializing in accounts receivable financing for small and mid-sized businesses. The officers and board members of Interstate Business Capital and ICC are extremely proud to name [...]
Interstate Capital Announces Record May
June 26, 2012 - Interstate Capital Corp. (ICC), Santa Teresa, NM, announced today that it purchased over $53 million of invoices in May 2012, surpassing by over 10% its previous best month on record in its 20 year history. Tony Furman, ICC’s President, released May’s results in advance of the closing of its fiscal year on June 30, 2012. [...]
Interstate Capi…
May 18, 2012 - Interstate Capital (ICC) announced today expansion plans for its proprietary “Instant Online Proposal” technology that will allow any B2B business seeking a factoring quote to obtain a customized factoring proposal online in 1 minute, 59 seconds. For the past two years, ICC’s Instant Online Proposal technology has been available only to motor carriers and freight brokers seeking fast [...]