Daily News: November 14, 2012

Porter Billing Closes Seven Transactions in October


Porter Billing Services, a division of the Porter Capital Group specializing in transportation funding, closed seven transactions in October. The deals include:

  • $15,000 accounts receivable factoring facility to a transportation company located in Moody, AL

  • $25,000 accounts receivable factoring facility to a transportation company located in Orlando, FL

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

  • $80,000 accounts receivable factoring facility to a transportation company located in Douglas, GA

  • $200,000 accounts receivable factoring facility for a transportation company located in Prattville, AL

  • $250,000 accounts receivable factoring facility for a transportation company located in Mableton, GA

  • $650,000 accounts receivable factoring facility for a transportation company in Gainesville, GA

    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.