Financial covenants have one purpose only; to protect the Bank. Restrictive covenants are designed to limit your ability to access funds beyond the bank’s level of comfort, ultimately putting the bank in control of your trucking company's finances and growth plans.
Factoring Line of Credit is an alternate financial solution with no restrictive covenants. Combining the flexibility of a line of credit with the simplicity of factoring this cost-effective cash flow solution puts you back in charge of your company’s finances.
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