Looking for a buyer.
Pacific Northwest freight bill factoring company for sale that prides itself on providing a simple and swift payday solution for truckers. Their unique business model converts accounts receivable into cash on the day of delivery, eliminating credit risk for clients by taking responsibility if the broker/shipper fails to pay. The Company stands out with its transparent pricing, no hidden charges, and a sliding scale for fees that rewards loyal customers with lower rates. Unlike other competitors, the Company collaborates with clients to resolve issues and doesn't hold back cash as a precaution. They maintain strong relationships based on mutual respect and trust, offering termination at any time without costs. With an extensive network of approved brokers and a deep understanding of the trucking industry, the Company provides truckers with a highly favorable program, making it the preferred long-term cash flow solution for many in the industry. NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners. Detailed Information Facilities: Not applicable with this book. Competition: The freight contract factoring industry represents a significant multi-billion dollar segment within the financial services sector. The market is primarily characterized by a "price-driven" approach, where truckers are presented with relatively standardized offerings. Currently, there are no significant barriers to entry, and no single dominant player has emerged to establish clear market leadership. Growth & Expansion: The significant opportunity lies in acquiring new clients, which can lead to substantial growth if operating funding is accessible. Additionally, there are several strategies for the Buyer to increase profits, including deploying existing working capital, exploring new revenue opportunities through expanded services, streamlining operations to save overhead costs, and investing more in marketing to boost revenue and brand awareness. Financing: Seller will finance a portion of purchase price. Support & Training: Negotiable Reason for Selling: Retirement to pursue other hobbies and interests.
Vancouver, WA, USA
Vancouver, WA, USA
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