About Advance Business Capital
Experience
ABC’s board and management represents not just years, but generations of trucking experience. Unlike other factoring companies, our board and management are composed almost exclusively of trucking veterans.
Our Managing Board includes the heads of four major carriers, CEOs of two major transportation finance corporations, the founder of a transportation consulting firm, a former president of the American Trucking Association and the former Secretary of the United States Department of Transportation.
Our founder and president, Steven Hausman, is the fourth generation of a trucking family. He earned his MBA at the University of Michigan and has thirty years of experience in transportation, finance and factoring with such companies as CitiCapital and Volvo.
Commitment
We provide financial support to that part of the trucking industry most in need of working capital: freight brokers and for-hire carriers. We offer online 24/7 account information and credit checks, insurance programs and equipment financing. ABC is the first factoring company to receive P3 (Preferred Platinum Provider) Certification from the Trucking Intermediaries Association.
We proudly partner with the most recognized names in the industry, including TransCore, Truckers B2B and Logistics/TTS Resident Agent Service. Our association with TransCore means our customers can not only locate a load but determine credit approval at the same time.
Our solid capital base means we can provide financial re-engineering and workouts to distressed companies. We also provide legal, tax, financial and operational consultants for every kind of trucking situation.
What it means to you
At ABC you get a trucking factor with experience and commitment. You get a see-through operation run and backed by trucking industry veterans. You get a company committed to providing the American trucker with the capital and services he needs to keep his own commitments to the people who count on him to deliver the load.
You get more than a lender; you get a long-haul partner.
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