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 […]
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 […]
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 […]
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. […]
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 […]
I was asked to be treasurer of the local chapter of the Commercial Finance Association recently. What an honor! The Commercial Finance Association is a group of asset-based lenders, equipment financing companies, private equity groups, and, of course, invoice factoring companies in Minnesota.
The CFA is younger and smaller than some of the other organizations I’m […]
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 […]