Our clients are primarily small to medium sized trucking firms whose cash flow is inadequate to meet current operating needs. Truckers must pay fuel, payroll and other expenses on a daily or weekly basis while waiting 30, 60 or even 90 days for customers to pay invoices. Given that operating costs are continuously increasing, many truckers find themselves without enough cash to fund growth opportunities.
This problem can be easily solved utilizing SevenOaks Capital Associates factoring services. By accelerating the collection of accounts receivable, SevenOaks provides truckers with immediate cash to meet daily expenses associated with growing businesses. Our clients use SevenOaks’ factor service to increase revenue and profitability.