We were recently contacted by a new staffing agency in the Midwest looking for payroll funding. This veteran-owned company was started after the owner had been working for years as at other temporary staffing agencies and wanted to start her own business. The Company had customers lined up and people to fill the open positions, […]
We recently funded a new client relationship with a Minnesota-based industrial parts distributor. The Company, which has been in business for over 15 years, had a bank line of credit, but had needs for additional cash beyond what their lender would provide.
The Company reached out to us because we are a Minnesota invoice factoring company. […]
We are happy to announce our new relationship with a Minnesota-based directional boring company that provides telecom and fiber optic installation services throughout the Midwest. The Company is in high-growth mode and needed additional working capital. The company kept their bank line of credit in place and is using the additional cash flow provided by […]
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 […]
Commonwealth Capital, an invoice factoring company based in Minnesota, is happy to announce that it recently provided invoice factoring to three trucking companies in Minnesota, expanding its freight factoring services in Minnesota and beyond. All three trucking companies are operating a single truck and were looking for a factoring company where they’d be known by […]
Commonwealth Capital, an invoice factoring company based in Minnesota, announced that it recently provided a $150,000 factoring facility to a company that sells action sports equipment. The company’s product lines include skateboards, skis, standup paddle boards, and soft goods. These products are sold through a network of dealers and big-box retailers throughout the United States.
The […]
Commonwealth Capital, based in the Minneapolis-St. Paul area, is happy to announce that it has funded two additional small trucking companies in Minnesota, expanding its factoring services in Minnesota and beyond. Our factoring services for small truckers allow the trucking companies to eliminate fuel advances and quick pay fees. Both of these new companies had […]