Indiana carrier seeks post-bankruptcy financing deal with factoring company

An Indiana trucking company that has filed for bankruptcy protection says a financing deal with a company providing the carrier factoring services is “critical” to continuing operations.

By: FreightWaves

Jun 25 2024
33
4918 Views

Indiana carrier seeks post-bankruptcy financing deal with factoring company — Indiana carrier seeks post-ban

An attorney representing an Indiana trucking company and two of its affiliates are seeking a bankruptcy court’s approval to enter into a post-petition financing agreement with WEX Bank, a company that specializes in fuel card and factoring services. ... [893 chars]

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