Looking for Highly Specialized Experts: Potential client seeks to be more educated on the factoring industry in general, with a focus on the trucking.

Daniel Corrao

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Program Member
#1
We would like to become more educated on the factoring industry in general, with a focus on the trucking, construction, and oil and gas industries, as well as technology’s influence and impact within the industry. Through our preliminary research, we believe the industry is very fragmented, with a lot of local, regional and large institutions that provide factoring and factoring services. We have also seen the emergence of technology companies that appear to be disrupting the factoring industry and have raised substantial funding.

Examples of these companies are BlueVine, Kabbage, and Fundbox, all of which provide factoring and working capital solutions through robust technology platforms and appear to be industry agnostic.

We have also found that there are more vertically focused firms with their own technology platforms that are disrupting the factoring industry in verticals where the cash conversion cycle is typically long.