Daily News: October 17, 2012

Integrated Logistics Launches Factoring Division

Integrated Logistics & Associates, a NY-based transportation consulting business, announced the opening of its new factoring division. The company said it is offering financing options to carriers nationwide in need of improving and managing their cash flow.

The new factoring division will be headed by Greg Lefebre, a 20-year veteran of the equipment leasing business. Lefebre stated, “I was attracted to the simplicity and affordability of the financing product being offered.” Lefebre added, “The small carrier industry certainly has a need for fair priced capital and accounts receivable back office assistance.”

Besides purchasing carrier invoices at a discount, Integrated Logistics will now provide accounts receivable billing and collection services.

Founded in 1990, Integrated Logistics & Associates is a freight bill audit, freight bill payment and freight consulting business owned by Finger Lakes Logistics.