Nearly 25 years of Factoring Experience
North America’s Leading Factoring Company
Interstate Capital Corporation saves you time and money by speeding up your cash flow, increasing your profitability, and growing your business. Formed in 1993 in Santa Teresa, New Mexico, Interstate Capital originally focused its factoring business in the apparel and “maquiladora” industries in the US-Mexico border states. Interstate Capital expanded in the mid-1990s throughout North America and into the transportation, manufacturing/wholesale distribution, oilfield service and staffing industries.
In 2012, ICC formed Interstate Business Capital. As a subsidiary of ICC, Interstate Business Capital is a leader in small business funding and its management team members are experts in funding solutions for wholesale distributors, staffing services, machine shops, and oilfield service companies.
Today, the Interstate Capital group of companies employs more than 100 dedicated professionals and has successfully funded over 10,000 motor carriers, freight brokers, manufacturers, staffing services, oilfield service, and other service businesses since its founding. With locations in California, Texas, and New Mexico, Interstate Capital purchases nearly $1 billion dollars of invoices annually from thousands of clients located throughout North America.
Interstate Capital owns its own transportation credit bureau and the world’s largest FREE freight matching site, www.FreeFreightSearch.com, which posts nearly a million loads per month and gives members 24/7 access to 10,000+ free freight broker credit reports. Our team of 20 dedicated, experienced account managers provides one-on-one client servicing to ensure personalized attention.
Interstate Capital is one of North America’s largest and best-funded independently owned factoring companies, so we make decisions quickly, decisively and without outside interference.
Areas of Factoring Expertise
Transportation and Distribution Factoring
Staffing Industry Factoring
Trade and Inventory Finance
- Irrevocable standby letters of credit, in combination with factoring
- Documentary letters of credit, in combination with factoring
- Vendor guaranties, in combination with factoring
- Inventory finance and purchase order finance.
- Container financing (on the water), in combination with factoring
- Fuel cards, in combination with factoring