Transportation Industry
Mexican company, specialized in ISO tank transportation of citrus, staying relevant in the marketplace
Deal Summary
Product
Factoring Line
Funding Line Amount
$350,000
Company Type
Freight logistics
Industry Type
Transportation Industry
Location
Mexico
This Mexican company, based in Jalisco, provides freight logistics solutions for local and international companies. It was incorporated in 2015 and specializes in ISO tank transportation for NFC Orange, Lime and FCOJ and orange oil as well.
Challenge
The company was facing cash flow challenges due to high demand and long payment terms from its customers.
Solution
Since the company is well established and serves important companies in Mexico and the USA, and has a strong demand for its services, ExpoCredit was able to approve a factoring line for the company. This line of credit will help the company obtain the necessary cash flow to stay relevant in the marketplace.
