REV Capital Shifts Focus Toward Financing Larger Transportation Clients North of the Border

‍TORONTO, ON (July 15, 2024) – REV Capital indicates the onset of a new market strategy as they streamline their value proposition within Canada’s transportation sector.

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With a sharpened focus on providing innovative cashflow solutions for mid to large-sized transportation companies, REV Capital announces the sale of their Canadian “Small Business” transportation portfolio to J D Factors.

“We have long been known as a top-tier service provider to Canadian trucking companies of all sizes,” says Loren Shifrin, CEO of REV Capital. “As we expanded our reach in this market, we came to the realization that our product is much better suited for companies with larger fleet sizes and have thus decided to adjust our focus. That said, we have an obligation to our ‘Small Business’ clients and can’t just ‘exit’ the market without ensuring that we had the right partner in place to support them and their cashflow needs. We could not have chosen a better partner for our former clients than J D Factors.”

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A seasoned provider of full-service accounts receivable factoring across North America, J D Factors has long shared REV Capital’s client-centric funding approach. They are welcoming the influx of new clients with the assurance of reliable and consistent funding.

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“We are honored to welcome REV Capital’s ‘Small Business’ transportation clients into the J D Factors family,” says Tina Capobianco, Senior Vice President of J D Factors. “We commend the REV team for prioritizing their clients’ success, and together, we’re dedicated to empowering these businesses with flexible funding and dedicated service.”

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REV Capital’s new initiatives will allow them to tap into the needs of larger companies seeking scalable working capital under highly competitive conditions.

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Jon Turner, REV Capital’s newly appointed Senior Director of Sales, emphasizes the benefit for all parties impacted by REV’s strategic realignment. With decades of experience in the transportation industry, in both management and ownership roles, Turner brings a breadth of knowledge and expertise that will support REV’s commitment to a larger customer segment.

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“With this new strategy, we are ensuring that both REV and its Canadian ‘Small Business’ transportation clients are positioned for their next growth phases,” says Turner. “By concentrating on our core strengths and responding to industry demands, we can look forward to delivering cashflow solutions for growth-oriented trucking companies in the Canadian market.”

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ABOUT REV CAPITAL

REV Capital is a rapidly growing financial factoring company and asset-based lender with multiple offices across North America. They are leading providers of trustworthy, transparent, and reliable cashflow solutions that provide clients with financial stability and opportunities for growth. For more information, visit www.revinc.com.

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ABOUT J D FACTORS

J D Factors is a full-service accounts receivable factor, J D Factors have been helping clients across North America grow and succeed for over 30 years. Their mission is to be the premier provider of factoring services for small and medium businesses in North America. J D Factors is dedicated to building relationships with clients by providing the best quality service and customer support, with flexible, competitive programs to assist their clients in financing their growth. Visit www.jdfactors.com.