Springfield, MO (PressExposure) April 01, 2007 -- Ozarks Capital Funding President Kent Harlan, CPA, announced today that the company now offers four receivables based financing programs to meet the needs of trucking companies of all sizes, from owner operators to fleets with several hundred trucks. "Our funding facilities range from companies who want the flexibility of factoring their freight bills from time to time to those businesses with facility needs of up to $5 million", Harlan said. He went on to explain that the programs offer the highest advance rates in the industry (up to 95% of the billings), coupled with reasonable rates as low as 1.95% per thirty days.
"These freight bill factoring programs help stabilize the cash flow of trucking companies and provide instant working capital for those firms that are growing rapidly. Banks can't always provide the capital needed to fuel growth, and that's where we come in", stated Harlan. In addition to the immediate cash benefits, the company offers professional receivables management, a fuel card with ATM access, and compliance services. "We provide tools that relieve a lot of administrative headaches such as fuel tax reporting with online access and driver log auditing", said Harlan.
Harlan also reported the company was involved in setting up a $175,000 credit facility in February, 2007 for a Vancouver, Washington based trucking company. "This facility has allowed the trucking company to continue it's rapid expansion in the western states".