We are honored to announce one of our newest client relationships is a medical/nurse staffing agency. The Company provides medical staffing services to nursing homes, hospitals, and other medical facilities throughout the Upper Midwest. Stuck waiting up to 60 days for payments, the medical staffing agency was unable to grow. When we first spoke to […]

One of our newest clients was in a rush – they called us Tuesday morning and needed funding by Thursday for payroll. The Client does fiber optic installations for local telecoms and prime telecom contractors. The Client’s business had almost doubled this year which caused a cash crunch. Because the business was young and growing […]

One of our newest relationships is with a growing food processing company. The Company has been providing independent shops and diners for years, but always sold on cash-on-delivery terms. The Company was in a period of rapid growth and pursuing additional sales channels. Through those efforts, the Company was provided with the opportunity to start […]

We recently provided a $200,000 invoice factoring facility to a 30-year-old manufacturer of industrial machine parts in the Midwest. The Company had many customers in the oil and gas industry. As oil prices declined, the Company’s financial situation worsened and its lender would not renew the line of credit. Strapped for cash, the company took […]

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 […]

We recently started a new relationship with a company that does “last mile” fiber optic installation for large internet service providers. The Company was newly formed and had contracts to provide installation of fiber optic modems to commercial properties but had to wait 45-60 days to get paid from its customers.   The Company would […]

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 […]

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 […]

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 […]

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 [...]

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 […]

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. […]

Many people have worked in a wide variety of jobs throughout their life. Not too many people, though, have had as large of a career shift as quickly as the newest pitchers for the Minnesota Twins, Brandon Poulson. The Star Tribune has the story of the truck driver turned professional baseball pitcher. The first paragraph […]

It’s not easy being a trucker. The demands of living and working on the road are physically demanding. So it’s easy to think that when you’re home you deserve a little R&R. But R&R will be the last thing that you’ll get if you’re locked up in the county workhouse. And that’s exactly what happened […]

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 […]

Today I was doing some research on the state of the Minnesota economy as a part of my business planning. As I was reviewing the Department of Employment and Economic Development’s (DEED) website, I saw an interesting article about the state of trucking jobs in Minnesota. The March 2014 issue of Minnesota Economic Trends Magazine […]

Commonwealth Capital was recently introduced to a growing maker of architectural products. The Company is a Minneapolis-based subsidiary of a foreign parent company. While the parent company has been in existence for many years the domestic subsidiary was wrapping up its start-up phase. With a rapidly expanding order pipeline, the Company was in needed working […]

We are excited to announce that Commonwealth Capital, LLC recently funded freight bills for a small trucking company in the Minneapolis-St. Paul metro area. The company was recently granted its operating authority and wanted to use invoice factoring to improve its cash flow. The owner/operator wanted a factor where he’d receive individual attention, and who […]

Starting yesterday, there is a new requirement for medical certificates that affects all truckers under the FMCSA’s jurisdiction. Now, all medical certificates issued to commercial truck drivers must be completed by a certified medical examiner. Medical certificates will still need to be renewed at least every two years. The new requirement shouldn’t place too big […]

There is major road work going on near our office. The southbound portion of I–35 is shut down for miles near our office in Lakeville. The other day, sitting in heavy traffic, I decided to make the most of it. I sat in my vehicle, staring at the small concrete divider separating me from certain […]

Commonwealth Capital, LLC, an invoice factoring company based in Minnesota, is pleased to announce it recently funded a growing Commercial Art Business through a $75,000 factoring facility. The Company is in high-growth mode and was looking for creative ways to finance its growth. Using factoring from Commonwealth Capital provided the Company with the flexibility in […]

Commonwealth Capital is pleased to announce that it has funded a Minnesota-based Apparel Distributor through a $200,000 invoice factoring facility. The Company, which had been self-financed, had recently received a large order from a Big Box Retailer. The order was roughly equal to the Company’s previous year’s sales. The Company, looking for a solution to […]

Commonwealth Capital, LLC is pleased to announce it has been selected to provide invoice factoring to a new Temporary Staffing Agency in Minnesota. While the Company is new, the management has many years of experience in managing staffing firms. Why The Temporary Staffing Agency Wanted To Factor Its Invoices As the Company has grown and […]

Commonwealth Capital is pleased to announce that it recently funded a Commercial Landscaping Business through a $50,000 factoring facility. The Company provides snow removal services a variety of businesses with a retail presence, including big-box retailers. The Company was referred to Commonwealth Capital because Commonwealth specializes in working with companies that are often turned down […]

Commonwealth Capital today announced it has provided a $700,000 invoice factoring facility to a Food Processing Company in the Upper Midwest. Commonwealth was referred to the Company by a community bank, which is providing the Company with a large line of credit and cash management services. The Company is currently in high-growth mode and was […]

Commonwealth Capital, a Minnesota-based provider of invoice factoring, today announced it has provided a $80,000 factoring facility to a growing provider of information technology. The Company, based in Minneapolis, serves large corporations, as well as government entities. The working capital generated from factoring will allow the company to stay current with its vendors and payroll […]

Commonwealth Capital, LLC, a leading provider of invoice factoring to businesses in the Upper Midwest, today announced that it has provided a $200,000 factoring facility to a Minnesota-based commercial construction subcontractor. Company Description and Needs The minority, woman-owned, startup commercial construction subcontractor was in need of additional working capital to grow their business. The Company […]

Factoring facility to be used for growth Commonwealth Capital, LLC, a leading provider of invoice factoring to businesses in the Upper Midwest, today announced that it has provided a $10,000 factoring facility to a Minnesota-based commercial bakery. The bakery had recently started selling to commercial accounts, and was in need of a temporary solution as […]

Minneapolis, MN, June 25, 2013: Commonwealth Capital, LLC, a leading provider of invoice factoring to businesses in the Upper Midwestern United States, today announced that it has provided a $125,000 factoring facility to a Minnesota-based commercial construction subcontractor. The invoice financing will provide the working capital the growing Company needs so they can meet their […]

You’ve probably heard that small businesses are the U.S.’s biggest economic engine. More than half of Americans either own or work for a small business, and they create about two out of every three new jobs in the U.S. each year. We’re proud to assist small businesses and startups access the cash flow they need [...]

Minneapolis, MN, April 24, 2013: Commonwealth Capital, LLC (“Commonwealth”), a leading provider of accounts receivable financing to businesses in the Upper Midwestern United States, today announced that it has provided a $50,000 factoring facility to a Minnesota call center. The financing will provide the working capital the Company needs to pay its employees. Based in […]

Minneapolis, MN, March 31, 2013: Commonwealth Capital, LLC (“Commonwealth”), a leading provider of accounts receivable financing to businesses in the Midwestern United States, today announced that it has provided a $75,000 factoring facility to a commercial property maintenance contractor. The financing will provide the working capital the Company needs to pay suppliers, subcontractors, and its […]

FACTORING FACILITY TO BE USED FOR GROWTH. Minneapolis, MN, February 1, 2013: Commonwealth Capital, LLC (“Commonwealth”), a leading provider of accounts receivable factoring to businesses in the Midwestern U.S., today announced that it has provided a $50,000 factoring facility to a medical staffing company. The financing will provide the cash flow the Company needs to […]

COMMONWEALTH CAPITAL FUNDS START-UP AUTO DETAILING COMPANY Minneapolis, MN, December 4, 2012: Commonwealth Capital, LLC (“Commonwealth”), a leading provider of accounts receivable factoring to businesses in the Midwestern U.S., today announced that it has provided a $25,000 factoring facility to an auto detailing company. The financing will provide the working capital the Company needs to […]

$125,000 Factoring Facility Helps Petroleum Products Company Step into High Gear Situation: We were introduced to a growing petroleum products and fuel equipment company that was looking to continue expanding. They provide their products to commercial and industrial businesses and have been looking to expand their customer base significantly, but they didn’t have a financial […]

$350,000 Invoice Factoring Facility Provides Working Capital to Meet the Company’s Cash Needs. Situation: A successful, mature wholesale food processor suffered losses when the price of commodities skyrocketed more than 100%. The Company provides private-label packaged foods to small, local stores, retail outlets, and wholesalers. They didn’t have the ability to pass along the increased […]