That's why it's useful to have a freight factoring company like CoreFund Capital on hand to give you a boost. CoreFund Capital | 229 followers on LinkedIn. As a part of the unique belief, Shim Sacks granted particular energy of appointment to Jacob Sacks. It also names CoreFunds longtime president, Bonnie Castillo, as the sole manager of CoreFund. A review of court records in Pennsylvania, where both brothers live, shows that Jacob Sacks and his company, Sacks Medical Corp., pleaded guilty in federal court to money laundering and violating federal drug laws in February 2010. CoreFund Capital Hires Harris as Vice President Melissa Harris joined CoreFund Capital as vice president. The credit facility was structured by CoreFund Capital with a wholly-owned subsidiary of a publicly traded company through an amended secured accounts receivable facility. Employees found out that morning they were all terminated with prejudice. 2022 Trustpilot, Inc. All rights reserved. Return Policy May 19 DrayNow, the first real-time intermodal marketplace, and CoreFund Capital, a full-service freight bill factoring company, are excited to announce a new marketing partnership. Here are 8 tips for writing great reviews. Facebook: CoreFund Capital On July 18, drivers and businesses were shell-shocked to learn CoreFund had shut down, locked everything down, and went off the scope. Specialties: CoreFund Capital LLC is a premier provider of financial services, specializing in business financing through invoice factoring services. more CoreFund Capital LLC is a premier provider of financial services, specializing in business financing through invoice factoring services. CoreFund capital has made my opinion shift and to be honest I don't think about getting my money guaranteed. They treat you like family everyone know your name and if you have any problems you can talk with upper management immediately. Uncover why Corefund Capital is the best company for you. About Us Trucker News . I can go on and on but Ithink you get the message. President at Corefund Capital. Find out how we combat fake reviews. Read More . Receiver works to get truckers paid after CoreFund Capital's abrupt closure . CoreFund was founded by industry veterans with the sole mission of making factoring easier and more transparent to truckers and the transportation industry. Nov. 16, 2020, 08:44 AM WEATHERFORD, Texas, Nov. 16, 2020 /PRNewswire/ -- CoreFund Capital, LLC ("Core") has recently facilitated an increase to the credit facility for Innocap, Inc. (the. Get in touch with one of our factoring specialists today! CoreFunds UCC statements are still in place, and any factoring company that makes a loan is in a second lien position, she told FreightWaves. Corefund Capital LLC Overview. Read About All Possible Detoxing Options HERE. This is the CoreFund Capital company profile. I was never a fan of factoring companies simply because they all promise and never deliver. CoreFund is described as simple, transparent, and reliable, customers say they always deliver funds quickly and give services at a class-leading pace. ***BEWARE ***I want to share critical information andtherefore, you may make your final decisionprior to signing on with this companyFirst, do your research on this company, go totheir BBB and read up on this company,hopefully it should be updated if not checkback and also do research on members.Google they have so much information.regret not doing, but I hope you willSecond, I want you to read two articles one by Landline (Landline media factoring companys), and Freightwaves (Freightwaves news carriers) I couldnt attach links.Lastly, MANY SMALL BUSINESSES recentlywere affected by the ignorance, selfish, greed,and unethical actions of this company's Owner(s). CoreFund Capital is the premier full-service freight bill factoring company in the USA. (Natural News) Small business truckers who rely on CoreFund Capital for factoring their accounts receivable are now struggling to stay in business following the abrupt closure of the company. I was never a lover of factoring companies because they promise and never deliver. Editor: Clarissa Hawes. Enjoy. Corefund Capital Discussion in 'Ask An Owner Operator' started by Judge, Aug 3, 2022. CoreFund Capital LLC is a premier provider of financial services, specializing in business financing through. Corefund Capital is a small-sized business with medium revenue, that is new in . Hundreds of small-business truckers who use CoreFund Capital to factor their accounts receivable are struggling to stay afloat. However, late Thursday, Parker County, Texas, District Judge Graham . Get the App. Great great service!!! We just need them to be allowed to do so.. It not only enhances our own lives, but makes other people feel appreciated, CoreFund Capital understands the importance of strong relationships. Led by industry veterans, the company is rapidly disrupting the logistics industry by solving the first and last mile problem, starting with the intermodal freight segment. Small business truckers who rely on CoreFund Capital for factoring their accounts receivable are now struggling to stay in business following the abrupt closure of the company. Shipping Policy With a commitment to clients and a customized approach, CoreFund combines their cash flow solutions with a superior level of care and service. Since CoreFund Capital LLC was founded, the company has grown faster than the industry average. Follow Us. News. | Factoring companies purchase outstanding invoices from companies with slower-paying customers to provide them with immediate cash flow. Our commitment is to our clients by providing them with the cash flow solutions they need using a customized approach and a level of care and service they deserve. CoreFund is a completely owned subsidiary of GMA Fund LLC, the holding firm for the Shim Sacks Household Legacy Belief, which he created in October 2014. Field is required! Freight factoring is used by many drivers and is intended to provide upfront capital to run their businesses. Any income made by this site is reinvested back into STN. Melissa Harris joined CoreFund Capital as vice president. Companies can ask for reviews via automatic invitations. She is very professional, has a friendly attitude and is always willing to answer all of my questions and walk me through the website when I need help. Want to share news with us? President. CoreFund Capital, LLC Appoints Bonnie Castillo New President - Read online for free. (Natural News) You can expect full transparency, professionalism, and decades of combined industry experience when you trust your factoring to CoreFund! Network Visualizer. Get the App. 900, Dallas, TX 75201-3136. I love Corefund Capital. Freightalent International Ltd 2018 - 2022 | Website Currencies. CoreFund Capitals former business development officer Todd Waller, who was among the staff members fired, released a statement on LinkedIn about the lawsuit and its effects on small business truckers. International. CoreFund Capital LLC. Very honest and straightforward people over there. Although the companys executives have not released any statements about its future, some former employees who have access to the CoreFund Facebook account have been updating it in response to comments from panicked trucking customers. Design by, Small Fleet recap: How SONAR data can help position carriers into better markets, CubeSats rideshare to space featuring NASA, DOE numbers show big divergence between national, East Coast diesel prices, Q1 rail earnings preview: Service metrics, headcount, macro uncertainties, FreightWaves Classics/Pioneers: Col. John Stevens impacted steamboats, railroads, patents and more, CPGs still consider freight costs to be headwinds, Receiver works to get truckers paid after CoreFund Capitals abrupt closure, Carriers unable to pay drivers, buy fuel after CoreFund Capital closes. . Our commitment is to our clients by providing them with the cash flow solutions they need using a customized approach and a level of care and service they deserve. I am extremly happy, Friendly and very helpful and great at resolving issues very quickly, Information provided by various external sources. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. Freight bill factoring with CoreFund Capital keeps your business rolling: Free same-day funding including Saturdays w/ no monthly minimum! On July 18, a temporary restraining order and injunction were filed on behalf of CoreFund LLC. Factoring amounts $ 20,000 $ 10,000,000 . Real-time tracking, transparent pricing and instant documentation among other things make the DrayNow platform the easiest way to move intermodal. This provides a frictionless way to get truck capacity from drivers. Harris is experienced in a range of factoring operations. Strengths. Everyone trying to call their account representatives or the general phone number were left getting only voicemails or "mailbox full" notifications. from 8 AM - 9 PM ET. With each companies' customers being truck drivers, both services go hand-in-hand with one another. The company's filing status is listed as In Existence and its File Number is 0802063383. In response to courtroom paperwork, Shim Sacks based CoreFund Capital in 2014. *Weve adopted it as such, its not ours. CONSHOHOCKEN, Pa., Jan. 27, 2021 /PRNewswire/ -- DrayNow, the first real-time intermodal marketplace, and CoreFund Capital, a premier full-service freight bill factoring company, are excited to announce a new marketing partnership. CoreFund Capital LLC, an invoice factoring company, provides business and cash flow solutions through full service invoice factoring. Download the FreightWaves app for unlimited access to news and insights (Android & iOS Available) Your E-mail Address. The staff is just to AWESOME to go into detail.The only reason you got 5 stars is because they don't offer more then that. CoreFund Capital LLC can be contacted via phone at (800) 405-5464 for pricing, hours and directions. Court-appointed receiver Timothy Hassenger is working on getting hundreds of truckers accounts receivable paid nearly three weeks after a legal feud between brothers regarding the assets of a family trust led to the abrupt shutdown and firing of all employees at CoreFund Capital, a Texas-based factoring company. John J. Jerue Truck Brokers Director of Operations, Tony Ginevra, explained to Freight Waves that he cannot pay carriers who factor receivables through CoreFund. Some SMALL BUSINESS' are nolonger SMALL BUSINESS', some individualslost leases on their trucks, or now have to selltheir truck(s) and trailer(s), homes that willhave to be sold, etc. Scott Christiansen is the managing director for SafeWater Capital, the company overseeing the receivership for CoreFund.According to Christiansen, all of CoreFund's employees have returned to the office and business operations and procedures for the factoring firm have returned to normal. WHAT IS OFFERED: Free Same Day Funding Fax or Email Invoices Full Advance Options Free Credit Checks on potential Customers Free Invoice Auditing Extended Funding Times Saturday Funding to CFC Fuel Card The initial credit line provided to the client on May 31 was increased from $12 million to $25 million on Nov. 2 to provide the necessary availability to support the ongoing . The services they provide is impeccable. Money flow is the biggest concern for all of us. 28931 Followers. CoreFund Capital LLC has a strong market share in their industry. 1,000 Different Studies Show Extensive Evidence of COVID-19 Vaccines Adverse Events, read them HERE. Contact Us Today! Corefund Capital LLC filed as a Domestic Limited Liability Company (LLC) in the State of Texas on Friday, September 12, 2014 and is approximately eight years old, as recorded in documents filed with Texas Secretary of State. January 27, 2021 at 10:00 AM EST. Read our Pledge HERE. CoreFund is a great company to work for! Find out what works well at Corefund Capital from the people who know best. She said Hassenger plans to release the carriers that want to find a new factoring company but that many are choosing to stay with CoreFund.. When typing in this field, a list of search results will appear and be automatically updated as you type. A court-appointed receiver is working to get hundreds of truckers' accounts receivable paid nearly three weeks after a legal feud between brothers led to the abrupt shutdown of CoreFund Capital, a Texas-based factoring company. Anyone can write a Trustpilot review. Verification can help ensure real people write reviews about real companies. Factoring companies purchase outstanding invoices from companies with slower-paying customers to provide them with immediate cash flow. Lots of of small-business truckers who use CoreFund Capital to issue their accounts receivable are struggling to remain afloat after the Weatherford, Texas-based firm abruptly closed its doorways 10 days in the past and fired its total workers over a authorized spat between two brothers. Learn more about each company on DrayNow.comand CoreFundCapital.com. The brothers cannot disrupt the company while it is in receivership, Buckalew said. The law firm Warren Fonville of Fort Worth, Texas, which is representing the younger Sacks, did not respond to FreightWaves request for comment. DrayNow & CoreFund Capital Announce Partnership. Bonnie Castillo is the President at Corefund Capital based in Weatherford, Texas. CoreFund is dedicated to our clients and provides loyal service so you can focus on your business and keep your word to your clients! For the Vaccinated: NANO SOMA* He has been great! We use dedicated people and clever technology to safeguard our platform. While the old trust only named Shim Sacks children as beneficiaries, the new trust lists both brothers children as beneficiaries. Sponsored. Pay Just S&H For Most Items! CoreFund offers same-day factoring to trucking companies throughout the nation to [] Subscribe and get full access to Ground News. CoreFund is the only factoring company that has truly shaped their services, operations, and technology to fulfill their clients' needs. GMA Funding LLC, a global leader in factoring and alternative commercial finance, announced that the board of directors have selected James Rothman as Chief Executive Officer of GMA Factor and its operating units GMA USA and CoreFund Capital. Two things are constantly on the mind of a truck driver: where can I find freight, and how do I get paid? Privacy Policy Get on the road, stay on the road, and grow. If you're looking for a new factoring service and you're coming from CoreFund, give us a call +1 (410) 204 2084. . We have worked with Francisco for the past few years and have never had a problem. Corefund Capital Profile and History . Reviews. They are flexible and progressive in their approach to provide the absolute best service, whether their client has one or 1,000 trucks. The factoring company, Corefund Capital (Corefund) has ceased operations. Last week, a District Judge in Parker County, Texas, Graham Quisenberry, appointed a receiver acting on behalf of CoreFund in the hopes of helping truckers to access their funds faster. I do not know what we would do with out COREFUND CAPITAL.THANK YOU THANK YOU THANK YOU. CONSHOHOCKEN, Pa., Jan. 27, 2021/PRNewswire/ -- DrayNow, the first real-time intermodal marketplace, and CoreFund Capital, a premier full-service freight bill factoring company, are excited to. Field is required! This partnership aims to provide the best solutions to these questions for truckers everywhere. In an email to FreightWaves, Buckalew said CoreFund is solvent and plans to stay open after the truckers get paid.
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