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FR8Star, Triumph Business Capital Partner to Extend Credit for Shippers

May 14, 2018, 08:00 AM
Filed Under: Shipping


FR8 Revolution, creators of the FR8Star.com marketplace for open deck carriers and shippers, announced a partnership with Triumph Business Capital, member of the Triumph Bancorp, Inc. group and provider of factoring and payment processing solutions to small and medium sized businesses. The agreement provides access to credit for shippers of open deck freight.

FR8Star's marketplace addresses industry demand from enterprise shippers for fast and reliable booking of freight shipping by matching shippers with qualified carriers nationwide. The partnership with Triumph further streamlines the transport booking process by offering pre-approved credit for shippers.

"The strength of our commitment to our clients is reflected in product innovation and the strategic partnerships we establish," said Steven Hausman, Chairman, Triumph Business Capital. "FR8Star has emerged as a major player in the freight industry with their online marketplace matching shippers with qualified carriers. We are pleased to be able to expand opportunities for their shippers and distributors to facilitate the transportation of flatbed freight."

FR8Star.com is the leading specialized transport marketplace for moving open deck and oversize / overweight loads. The platform provides instant shipping rates, and the option tso book shipping online for a fixed rate or get bids from the FR8Star carrier network. FR8Star's carriers bid on and book high-value loads using the online marketplace. The service offers instant pay to carriers upon freight drop-off with no broker or factoring fees.







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