Blog

27thOctober, 2016

Commonwealth Capital Provides a Gap Financing – Factoring Line to a 92 Year Old, MN Based Contractor.

By |October 27th, 2016|Deal|

The Situation:
Rainville-Carlson, a fourth-generation company, is a leading contractor in industrial and commercial roofing, sheet metal, and custom metal fabrication throughout the Twin Cities metropolitan area.

Despite many highs and lows throughout the past 92 years, Rainville-Carlson was experiencing a strong market with abundant opportunity. The company began winning more bids than they had in previous […]

10thAugust, 2016

Minnesota Medical Company Keeps Cash Flowing with Factoring from Commonwealth Capital

By |August 10th, 2016|Deal|

The Situation:
This young Minnesota-based medical device company had created a superior ‘chest seal’ product used to manage penetrating wounds to the torso. These types of wounds damage the lungs and allow air to escape, which becomes trapped in the chest cavity and causes the lungs and heart to collapse. Death is imminent.

The company’s ‘thoracic seal’ […]

16thFebruary, 2015

Commonwealth Capital Adds Fuel Card To Better Serve Small Truckers

By |February 16th, 2015|Trucking|

In the past few months, we have been signing up a lot of truckers throughout Minnesota and the Upper Midwest for our factoring for small trucking companies service. These carriers have been telling us that they like the individual attention they receive from me as the owner of Commonwealth and my team. They’ve also mentioned […]

10thFebruary, 2015

Ben Van Zee to present at Minnesota CFA’s Business Development Panel

By |February 10th, 2015|Blog|

Next week, February 18th at 4:30 p.m., the Commercial Finance Association’s Minnesota Chapter will be hosting a Business Development Panel at the Golden Valley Golf and Country Club. We have a great set of panelist including professionals from commercial banking, equipment finance and leasing, asset-based lending, and of course, invoice factoring.

I’m looking forward to both […]

22ndJanuary, 2015

Merry Close Is Now A Certified Factoring Account Executive

By |January 22nd, 2015|Blog|

On a snowy day in mid January 2015, Merry Close braved poor weather and a drive to Mankato to take the Certified Factoring Account Executive (CFAE) test. To those who have worked with her, it should come as no surprise that Merry passed with flying colors. After being an account manager in the factoring industry […]

6thJanuary, 2015

Hours of Service Rollback Is Welcome News For Small Truckers.

By |January 6th, 2015|Trucking|

Attention small truckers! As of December 16, 2014, hours of service (HOS) regulations have been rolled back to the way they were before July 2013. The 34-hour restart is still in effect, but now it’s not so strict. For example:

Truck drivers are no longer required to include two periods from 1 a.m. to 5 a.m. […]

16thDecember, 2014

Northern Minnesota Trucking Company Finds Local Factoring

By |December 16th, 2014|Trucking|

Commonwealth Capital, a factoring company for trucking companies, is happy to announce that it has provided factoring services to a growing trucking company in northern Minnesota. The trucking company was looking for a Minnesota-based factoring company where they’d be known by their first name, not just their MC number. By factoring with Commonwealth Capital, they […]