SOURCE: Bibby Financial Services

Bibby Financial Services

September 13, 2010 12:34 ET

FreightCheck Provides Cash Flow for 30 More Trucking Companies

August Activity Confirms Uptick in Transportation Sector

ATLANTA, GA--(Marketwire - September 13, 2010) -  FreightCheck said today it added 30 new clients in August. A division of Bibby Transportation Finance, FreightCheck offers fast and flexible non-recourse freight bill funding with no minimum monthly requirements for trucking companies that need an occasional injection of cash.

"New business improved last month, despite the sluggish economy. This activity confirms that small trucking companies and owner-operators have been keeping busy in the crucial months leading up to the holiday season," said Ian Varley, Managing Director of FreightCheck. "FreightCheck appeals to companies that want to focus on hauling the next load instead of worrying about issuing invoices and chasing down payments for previous loads." 

FreightCheck offers minimal paperwork, free fuel cards, free access to broker credit information and the ability to factor on a broker-by-broker basis with no minimum volume commitment. 

FreightCheck is a stand-alone division of Bibby Transportation Finance, which is a division of Bibby Financial Services, Inc. FreightCheck's product portfolio includes same-day cash for freight bills with invoicing services, collection services, credit management, account and expense reporting, and complimentary fuel cards. FreightCheck's factoring services are non-recourse with no monthly minimum requirements or annual contracts.

For more information on FreightCheck, visit:
www.freightcheck.com.

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