Daily News: May 9, 2013

Advance Business Capital in Exclusive Partnership with DAT

Advance Business Capital, a freight factoring company for owner operators, small to mid-sized fleets and freight brokers, announced its exclusive partnership with DAT, which operates the industry’s largest network of load boards.

“We strive to provide our customers with the best experience possible, which includes partnering with other industry leaders,” said Steven Hausman, president and CEO of Advance Business Capital. “Since becoming a member of the Triumph Bancorp group, we have been given the opportunity to expand our footprint. Our exclusive relationship with DAT builds on what we have created in ways that will produce tangible benefits for our customers — from owner operators to large fleets, as well as transportation intermediaries.”

The partnership between Advance Business Capital and DAT will heighten the customer’s experience by offering a variety of services from both companies seamlessly. For example, users of DAT load boards can immediately see which loads are approved for factoring with Advance Business Capital. Streamlining this, and other processes between the two companies, will give customers a more efficient and effective experience.

“For six years, ABC has provided DAT customers extremely valuable services,” says Don Thornton, senior vice president, DAT sales. “The exclusive relationship will allow us to expand those services and make it easier for both carriers and brokers to expedite freight movements on the spot market cost-effectively.”