We have seen a spike in cash flow demands from companies who are scaling quickly
CHARLOTTE, N.C. (PRWEB) December 07, 2020
Porter Capital, a leading provider of alternative financing, announced the company has funded over 50 businesses this past month. The businesses range from small to mid-sized enterprises across a diverse set of industries.
"We have seen a spike in cash flow demands from companies who are scaling quickly," stated Marc Porter, CEO of Porter Capital.
Through invoice factoring and asset-based lending, Porter Capital works with many businesses dealing with rapid growth or looking to expand immediately. With SVP John Cox Miller in the Commercial division, the company provides flexible financing solutions for companies within Staffing, Manufacturing, Oil & Gas, Freight, and more.
Porter Capital has also expanded to include Porter Freight Funding a special transportation division with John Land as president. Focused solely on the trucking industry, Porter Freight provides trucking companies and owner-operators the financial services they need to grow their trucking businesses.
The Porter businesses continue to grow by providing working-capital solutions, emphasizing financing businesses is critical for a strong post-covid recovery.
About Porter Capital:
Porter Capital Corporation was founded in 1991 by brothers Marc and Donald Porter in Birmingham, AL. Porter offers working-capital solutions to businesses all over the country in a variety of industries. As a direct lender and factoring company, Porter Capital has provided over $6 billion in funding since inception. Porter Capital offers invoice factoring of credit lines up to $15MM. Since founding the company, Porter Capital has expanded to include a special transportation division known as Porter Freight Funding. The Porter businesses continue to grow by providing working-capital solutions, emphasizing personalized, dedicated customer service without sacrificing speed and efficiency.
To know more about Porter Capital Corporation and how it can be a working capital solution provider for businesses, visit its official website.