Interstate Capital projects exceeding its origination goal for March 2017, continuing an eleven-month trend. Among recent originations are three new clients, each with funding needs exceeding $150,000 monthly. One is a freight broker on the West Coast that used to be a motor carrier. The company expanded its business and found that Interstate’s services for freight brokers best fit their funding needs.
On the other side of the country, a New England-based distributor and installer of industrial equipment recently selected Interstate Capital as its factoring partner. In Texas, a long-time motor carrier client became a partner in a new trucking company and recommended Interstate Capital as the factoring company for the new business as well.
The Interstate Capital Group of Companies is a leading provider of accounts receivable financing and factoring, freight bill factoring, fuel advances for truckers, and freight matching. Founded in 1993, Interstate Capital has provided $ billions of funding for over 10,000 small business owners in the US, Canada, and Mexico.