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 […]
We’ve written a few times about Taste of Love Bakery in West St. Paul and the amazing treats they make. Well, things keep getting better for the bakery. Taste of Love Bakery was asked by Xcel Energy Center in St. Paul to make some treats for the Backstreet Boys tour stop in Minnesota tonight. I can personally attest […]
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 […]
Sun, hot dogs, and Target Field. We had a great time at the Minnesota Twins baseball game last Thursday with the RMA Minnesota Chapter. Thanks to the Young Professionals group for the work the did in organizing the event. While the Twins were taken down by the Rangers, I’m sure a good time was had […]
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 […]
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