Case Study Transportation

This transportation company started with a $75,000 credit limit for US and Canadian invoices.  This client had larger invoices and carried larger loads so they required the financing to help them pay the drivers and gas on time.    Within six months we increased the credit limit to $125,000 when they signed a new contract and increased their monthly receivables by $25,000.  We increased the credit limit within a couple of days and reduced their fee to reflect the new volume of invoices.   Our client had checked credit with Newport prior to signing the contract and we were able to help them take on the new business without skipping a beat.