Fourshore Partners (Fourshore) has announced its acquisition of Power Funding ("Power"; "Company"), a premier factoring company focused on the oil & gas and transportation industries.
Power Funding provides working capital to the oil & gas and trucking industries through the purchase of invoices generated by small- and medium-sized businesses at a discount to provide immediate working capital to such companies. Power positions itself as being a long-term partner to its customers and prides itself for having relationships that far exceed the industry average in length.
The Company stands behind its motto "Giving you the Power to Grow". Its local, quick decision-making process gives the customers incredible flexibility. The clients experience uninterrupted cash flow with Power’s quick-paying factoring service.