SOURCE: Transfac Capital, LLC

Transfac Capital

July 15, 2013 14:18 ET

Transfac Capital Provides Specialty Financing Programs for Owner/Operators of Small Trucking Companies

SALT LAKE CITY, UT--(Marketwired - July 15, 2013) -   Transfac Capital, Inc., a specialty finance company providing accounts receivable financing to small and mid-sized companies, today announced the continuing growth of its specialized services and programs, designed specifically for small trucking companies with one to five trucks. Sheila Ousley, Business Development Manager of the Transfac Capital Portland office, manages Fund My Freight, Transfac Capital's freight financing program designed to facilitate financing for single truck owner/operators and small trucking companies.

Fund My Freight provides dependable cashflow and convenient services to aid in the growth of small trucking companies when traditional factoring is unavailable. Freight factoring is just one of Transfac Capital's specialty financing programs. Transfac provides many other services to small owner/operators of small trucking companies, to include a fuel card program that provides fuel discounts, online reports of the fleet's transactions, 24/7 access to the Company's database of brokers and shippers and load board lists, all of which assist the trucking company in efficiently managing daily business.

"In this slow but recovering economy, the rising price of fuel and goods creates a number of challenges for trucking companies. This is especially so for owner operators who have cash flow issues when the businesses they service do not pay their invoices timely. This leaves these small trucking companies to fund their operating expenses out-of-pocket until the invoices are paid, which can be crippling to a small business. Transfac Capital will step in and purchase these outstanding invoices from the trucking companies, allowing them to significantly improve their cash flow. Simply put, freight factoring/freight funding has become the financial stepping stone for small transportation companies that help ensure their financial success. We see an increasing need for factoring services in our current economy, and are able to provide funding within as little as 24 hours," stated Ousley.

The Fund My Freight program is headquartered in Transfac Capital's Portland office and services owner/operators nationwide. To learn more about the Fund My Freight program go to or call 1-800-222-2307.

About Transfac Capital, Inc.
Transfac Capital, Inc. has financed business since 1942. With over 10 locations nationwide and growing, coupled with its team's experience owning and operating companies in the oilfield, staffing and transportation industries, Transfac Capital has become one of the leading factoring and financial business solutions companies in the industry. Transfac Capital offers competitive services in invoice factoring, account receivable management, account receivable financing, inventory financing, purchase order factoring and a fuel card program.

To learn more about Transfac Capital's financing options for oilfield, transportation and staffing companies, please visit or call 800-316-4212.

To view career opportunities with Transfac Capital, visit

Contact Information

    Kathy Addison
    Chief Operating Officer

    Mike Schepper
    Marketing Director
    801-575-6500 ext. 118

    Fund My Frieght:
    Sheila Ousley
    Business Development Officer