Product: Factoring Line
Funding Line Amount: $350,000
Company Type: Freight logistics
Industry Type: Transportation Industry
This Mexican company, based in Jalisco, provides freight logistics solutions for local and international companies. It was incorporated in 2015 and specializes in ISO tank transportation for NFC Orange, Lime and FCOJ and orange oil as well.
The company was facing cash flow challenges due to high demand and long payment terms from its customers.
Since the company is well established and serves important companies in Mexico and the USA, and has a strong demand for its services, ExpoCredit was able to approve a factoring line for the company. This line of credit will help the company obtain the necessary cash flow to stay relevant in the marketplace.
ExpoCredit helped this company increase payment terms to its primary customer.
ExpoCredit is helping this company with the working capital needed to manage seasonality
ExpoCredit helped this company to have the working capital needed to operate according to its demand