Accutrac Capital is pleased to announce the acquisition of the assets of Sienna Transportation Finance, a New Jersey based freight factoring company. Retaining six staff members from Sienna’s back office to manage the newly acquired client accounts, Accutrac Capital will ensure a seamless transition to the former Sienna customers.
Accutrac Capital has been quick to relocate the New Jersey operation to updated office facilities in Paramus. The company's growing customer base includes trucking companies of all sizes from most states. The opening of this office marks a significant milestone in the company’s history as it now extends our physical reach coast to coast to better serve customers.
Quick Funding Solutions
Although important to maintain relationships with customers, a physical office in each of the company’s active territories is not a necessity. Accutrac Capital operates principally online to manage large volume transactions and account receivable management. Aided by current technology, our industry knowledgeable staff are able to quickly and efficiently fund truck operations throughout North America. No matter where a truck picks up or delivers a load, an invoice can be easily submitted and funded the same day.
The company's list of customers has grown rapidly as the trucking industry responds favorably to the speed at which Accutrac Capital on-boards new customers and begins funding. Serving transportation companies exclusively has allowed Accutrac Capital to focus our products and services to meet the stringent demands of a capital intense industry. Easy qualification, fast reliable funding twice daily and industry low factoring rates has delivered the cash flow solutions freight carriers and brokers need to sustain operations.
A Market Leader in Freight Bill Factoring
Accutrac Capital first introduced our Flat Fee Factoring product to the market in 2013. The success of this popular cash flow solution established Accutrac as a market leader in freight bill factoring. Utilizing this innovative cash flow solution, trucking companies now have a simple to manage factoring product that is convenient to use and provides immediate access to working capital.
Following closely behind this success, Accutrac quickly gained larger market share with the introduction of Fuel Discount cards. Trucking companies of all sizes embraced the huge savings provided by significant discounts at major truck stops across North America. To further benefit both our clients and the industry as a whole, Accutrac Capital provides an online credit search tool to aid the important task of risk management. This online tool is free to use and provides unlimited access to an extensive database with credit information on thousands of debtors.
A Mandate to Make Customers’ Lives Easier
A focus on quick funding solutions to meet the stringent demands of a capital intense industry has been the driving force behind Accutrac's success. A company mandate to make customers’ lives easier with convenient access to working capital has set a new standard in freight factoring. The opening of our newest location on the eastern seaboard marks yet another milestone on the company’s path as a market leader in factoring for trucking companies.