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Contacts:
David DeRango, Business Development Manager dderango@rivierafinance.com Leslie Norman, Business Development Representative lnorman@rivierafinance.com 305-863-2125 Fax: 305-863-2126
7911 NW 72nd Avenue Recent Funding: Type of Business: Transportation Company Factoring Line: $200,000 Location: Hialeah, FL
Improving Cash Flow and Expanding Equipment Roster This Miami-based trucking company was eager to expand, but was having difficult generating capital quickly enough to bankroll their need for new equipment. They had several excellent accounts, all of which were paying more slowly than they would have liked. Riviera was able to factor all of their accounts, greatly improving their cash flow in the process, and the company was able to purchase four new refrigerated trucks. Since then, their monthly sales volume has tripled. |
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