Factoring, receivables financing, trade financing, invoice discounting or many other similar methods to accelerate cash-flow are well known in the transportation industry. It is by far the most common business sector to utilize this financing tool. This sector is dominated by conventional full service factors.
We understand your industry is traditionally slower paying than others, we understand that you may have to pre-pay for your fuel, incur unforeseen repairs, have licensing requirements, inspection, audits, WCB issues and deadlines that can put tremendous strain on cash flow.
Why choose Philmark? We’re faster, more flexible and friendly.
Fast – We usually fund direct business deposits the same day, definitely within 24 hours. There is no need to courier original documentation prior to funding as with other conventional full service factors.
Flexible – We do not have rigid credit policies, we look at your business, your situation, your customers and custom tailor a financing program for your particular needs.
Friendly – We are easy to deal with. You are dealing directly with the principals or the personal account manager involved with funding your business not a customer service representative in a head office out pf Province or in the US. We look at the funds requested and make same day decisions.
See how we can help you:
“I have dealt with Philmark Capital Corporation since 1998, during which time they have provided my business excellent support in the areas that my company has needed. Their work has been a major factor in our company’s success. I can confidently recommend Philmark as a solid and reliable company that are experts in their field.”
G.L. – Owner /President