Daily News: July 16, 2012

Porter Billing Closes Six Transactions in June


Porter Billing Services, a division of the Porter Capital Group specializing in transportation funding, closed the following deals in June:

  • a $50,000 factoring facility to a transportation company located in GA

  • a $75,000 factoring facility to a construction supply company located in GA

  • a $150,000 factoring facility to a transportation company located in ME

  • a $150,000 factoring facility to a freight brokerage company located in ME

  • a $500,000 factoring facility for a transportation company located in GA

  • a $500,000 factoring facility for a transportation and freight brokerage company located in 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.