Page 43 - ATR 1 2012 web 2
P. 43
Clean Energy Fuels
lender. Although, we do consider our- and grow their business. BooST coMpaNy profITS
selves a significant cut above other They are an excellent example IN 2012
alternative lenders. of the transportation firms we serve, Freight Capital offers a new, free
Other alternative lending sources which are 75 percent of our customers. success guide, 5 Ways your Trucking
commonly considered for financing Company can Boost Profits in 2012
by small businesses are credit unions, prESIDENT SUpporTS NaTUral which contains practical information
community developers and micro lend- gaS vEHIclES aND lNg fUElINg on cost-cutting techniques and time-
ers. Credit unions can only grow with corrIDorS saving tools to make your trucking busi-
a business so far due to their lending President Barack Obama spoke on ness successful.
cap. Community developers are usu- January 26 at the UPS Depot in Las A lack of business management
ally for very small businesses and also Vegas promoting natural gas-fueled knowledge, skills, and planning are
have a lot of paperwork hurdles. Finally, trucking as part of his “Blueprint for an cited as the most common reasons
micro lenders deal with the really small. economy that’s built to last”, unveiled small businesses fail. To ensure the suc-
What’s even more impressive, TAB Bank at his January 24 “State of the Union” cess of your trucking business, manage
approved 59 percent of loan applications address to Congress. In his remarks, the monetary and financial side, plan
reviewed in 2011 – a high among alter- President Obama proposed several for expansion, stimulate steady cash
native lenders. Whereas, big banks only federal initiatives favoring the use of flow, and consider financing options.
approved 10 percent and small banks natural gas for transportation, includ- The success guide enables your
barely 50 percent. ing getting more natural gas vehicles trucking company to capitalize on mon-
Among the businesses we funded on the road using federal fleets and etary opportunities and overcome chal-
in 2011 was Volume Transportation, helping local governments upgrade their lenges in running a trucking business
Inc. of Lithonia, Ga. Volume fleets, offering new tax incentives to today.
Transportation specializes in hauling help companies buy more clean trucks, With more than 20 years of
packaging materials, food products working with the private sector to help experience in the freight factoring
and goods for major retailers across develop natural gas fueling stations and finance industry, Freight Capital
the Southeast and beyond through the between cities for more natural gas cor- is an expert in delivering cash flow
utilization of their fleet of 185 trucks ridors along our highways, and launch- solutions customized to each truck-
and 700 late-model trailers. They have ing a competition to encourage new ing business. For more information
a working capital credit facility and breakthroughs for natural gas vehicles. or to download the free success guide
equipment re-financing from TAB Bank More information is available at www. visit www.FreightFactors.com or call
which gives them solid financial footing cleanenergyfuels.com. 888.391.0564.
to navigate today’s economic climate
arkansas truCking rePort | issue 1 2012 43

