In December 2015, President Obama signed into law a five-year highway bill worth $305 billion. The Fixing America’s Surface Transportation (FAST) Act calls for spending approximately $205 billion on the nation’s highways and $48 billion on various transit projects through …
Here at RMP Capital, we work with businesses in a variety of industries. One concern many of our friends in the transportation industry have is fuel efficiency. According to vehicle software platform Telogis, fuel costs account for approximately 30 percent …
RMP Capital’s Transportation Factoring Program puts you in the driver’s seat! Enjoy low rates, access to real-time online reports and even free credit reports on your customers. Below, we take a closer look at factoring for your trucking business: Transportation …
If you’ve ever had a cash flow problem, you know just how frustrating it can be. That’s why companies in a variety of industries rely on factoring to get funding when they need it. Below, we’ve outlined the types of …
Jim DiCamillo takes a look at different sectors of the US economy and how they relate to commercial finance in a version of The ABF Journal’s January-February edition. ABF JOURNAL, “YEAR-END REPORT CARD FOR COMMERCIAL FINANCE” It appears …
Enjoy this article written by Jim DiCamillo in the Lendio Blog about how the rising gas prices are effecting the transportation industry. Every time there is a jump in gasoline prices, small independent truck owners and entrepreneurs seek our …
For the last several years the truckers have had quite a ride, not only on America’s interstates and highways, but with a variety of uncertain industry factors. Late in 2010, many speculated the most important issues facing the industry were …
As summer 2011 kicks off, I’m encouraged by what I see. While some people write-off summer as a slow period for business, I’ve seen the exact opposite. Every day I review prospective clients seeking funding and from what I’ve seen …
Difficult financial times as we are currently experiencing, often can create opportunities, if you look for them. Tough times usually weeds out much of the competition, giving the survivors more opportunity to secure what business there is. The other factor …
In these uncertain times, being able to access cash flow your business is crucial. By factoring your freight invoices with RMP Capital we can eliminate your cash flow crunch, streamline your back office and collections and allow you to do …