Charles Sheppard
Orillia, ON (CAN)
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Accutrac Capital Solutions
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Startup
Location:
Orillia
Industry:
Finance
Year Founded:
2007
Number Employees:
1-10 people
Description:
We provide customized factoring solutions to small to mid-sized trucking companies. With a target market of 10 to 20 truck fleets, our factoring services provides "instant cash flow" for trucking companies who do not wish to deal with traditional lenders, either do to the complexity of borrowing conditions or due to the restrictive nature of the relationship. We allow trucking companies to maximize the use of one of their largest assets, accounts receivable, and to benefit from an immediate cash inflow from the initial purchase and subsequently on a daily basis as invoices are generated.