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Logistics Company

Challenge

  • An Illinois based logistics company that specializes in refrigerated and frozen food distribution. This company found itself in a precarious situation, after their previous credit line was cancelled with little notice

Solution

  • Franklin Capital stepped in to help save this logistics company, by extending an  Accounts Receivable working capital accommodation in excess of $500,000
“We were left in the lurch by our last financing company when they cancelled our $300,000 with little notice. Franklin has a consistent source of capital that is properly managed which makes us feel secure when we didn’t before.”

President, Illinois-based Logistic Company