Startup Aims to Democratize Freight Broker Financing

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Axle Payments secures $27.7 million in debt and equity financing

Cash flow problems are a perennial challenge in the trucking industry. The reasons are varied, but topping the list is that shippers often wait one to two months after a load has been delivered before issuing payment, wreaking havoc on carriers and intermediaries that can’t afford to wait.

If you’re interested in learning more about how Axle can help grow your credit and help build your business, we’d love to talk.

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