Daily News: October 11, 2012

Porter Billing Closes Four Transactions


Porter Billing Services, a division of the Porter Capital Group specializing in transportation funding, closed the four deals in September. They are:

  • $30,000 accounts receivable factoring facility to a transportation company located in Imperial, MO

  • $50,000 accounts receivable factoring facility to a transportation company located in Clanton, AL

  • $50,000 accounts receivable factoring facility to a transportation company located in AL

  • $225,000 accounts receivable factoring facility to a transportation company located in Glendale, AZ

    Founded in 1991 and headquartered in Birmingham, AL, The Porter Capital Group includes in Porter Capital Corporation, Porter Billing Services and Porter Bridge Loan Company. The Porter Capital Group specializes in customized funding packages for small- and medium-sized businesses throughout the U.S.