REV Capital, a provider of cashflow solutions to growing companies in North America, implemented a $15 million factoring facility to a transportation company in Ontario.
Facing a time-sensitive financial restructuring, the client required fast access to working capital. REV stepped in with a solution designed to enable the company to maintain its growth trajectory.
“This deal is a testament to our sales team’s ability to adapt quickly and achieve success. Within a few short months of our strategic repositioning, we are making bold strides to establish ourselves as the preeminent player in the Canadian Transportation Factoring sector,” Loren Shifrin, CEO of REV Capital, said. “We will continue to focus our efforts and invest in servicing this vital market segment.”
“We executed a controlled shift in our target market and are now seeing the results,” Jon Turner, senior director of sales at REV, said. “Our pipeline has never been healthier, and I’m more confident than ever in our team’s ability to drive market leadership for our Canadian transportation clients.”
