SOURCE: Freight Capital

Freight Capital

May 24, 2011 06:00 ET

New Executive Vice President of Finance for Freight Factoring Company Freight Capital Has Innovative Agenda Planned

SAN DIEGO, CA--(Marketwire - May 24, 2011) - Freight factoring company Freight Capital is pleased to announce senior level financial professional, Kenneth J. Jakubowski as the company's new Executive Vice President of Finance.

Jakubowski has demonstrated expertise in the finance industry for over 30 years. With a strong background in insurance, consumer lending and other financial services, Freight Capital is convinced Jakubowski will continue to lead the team to prosperous results. As EVP of Finance, he will be responsible for corporate finance activities that will entail raising capital, cultivating bank relations, financial planning and budgeting, capital structure, tax planning and financial operations analysis.

"I look forward to leading Freight Capital to greater financial backing for our clients," says Jakubowski. "I'm here to make a difference and proud to be a player on a winning team."

Jakubowski was formerly Chief Financial Officer of Answer Financial, the nation's largest personal lines insurance agency. While there, he performed in-depth financial analysis aimed at improving profitability. Prior to that, he worked for First Again LLC, a national consumer lending company. As Chief Financial Officer, he successfully negotiated warehouse financing and venture capital investments to support product launches and contributed to dramatic company growth.

"Ken has already proven to be a vital asset to our team with his background and experience," says Freight Capital President John Downing. "As the number one factoring company in the freight industry over the past four years, we constantly strive to develop programs and tools to benefit our clients."

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About Freight Capital
For nearly 20 years, Freight Capital has been a leader in providing financial services, freight bill factoring services, and transportation factoring to the trucking industry. As a financial services partner of the ATA (American Trucking Association), a gold corporate sponsor of OOIDA (Owner-Operator Independent Driver Association), a supporter of CTA (California Trucking Association) and ATA (Arkansas Trucking Association), Freight Capital is dedicated to the financial improvement and advancement of every trucking company. For more information on Freight Capital please visit, or call 800.775.0391.

Contact Information

  • Contact:

    Melissa Sistar
    1-800-775-0391 x291