Ablrate Launches New IFISA-Eligible Loan Product

Ablrate, a peer-to-peer ABL lender, launched a new IFISA-eligible loan product at 8% with no minimum term and no lock in. MTF received the first such loan in a facility of up to $6.9257 million.

Marquette Transportation Finance — Factoring Trucking Receivables for the Long Haul

After cutting his teeth at the ‘granddaddy’ of transportation financing companies, Richard Voreis, developed and has led Marquette Transportation Finance for more than eight successful years. Although the trucking industry faces economic challenges, Voreis does not envision the truckload segment, or its $350 billion annual revenues, to go away any time soon.