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
   38   39   40   41   42   43   44   45   46   47   48