An accomplished group of trucking industry veterans announced the formation of Advance Business Capital, the first and only freight bill factoring service developed for truckers by truckers. The new company will leverage unparalleled trucking industry expertise and relationships to provide best-in-class service and value to small-to-midsize truck carriers, brokers and drivers.
Harold Marshall, former chief operating officer of Associates First Capital Corp. and founder of The Associates transportation finance group, will lead the managing board of Advance Business Capital. During Marshall's tenure at The Associates, that company was the largest financer of trucks, tractors and trailers in North America.