Rubicon Announces Innovative Financing Program for Its Hauler Network Through Partnership with The Credit Junction
Haulers access Credit Junction loans up to $5M
ATLANTA, Sept. 07, 2016 (GLOBE NEWSWIRE) — Rubicon, the worldwide leader in sustainable, cloud-based waste and recycling solutions, is partnering with The Credit Junction to deliver flexible financing to its network of more than 5,000 haulers.
Rubicon haulers will now be able to access term loans or lines of credit from $500,000 to $5 million through The Credit Junction, which offers fast, flexible and efficient business financing options. Rubicon’s technology-driven waste and recycling model empowers independent haulers to compete for customers of all sizes, operate more efficiently, and grow their businesses.
In addition, the Rubicon Pro hauler membership program provides national buying power to small and medium-size businesses through industry discounts and strategic partnerships.
“Rubicon relies on our network of independent haulers, and we’re committed to giving them the tools they need for success,” said Nate Morris, Rubicon’s co-founder and CEO. “Our partnerships with organizations like The Credit Junction help to level the playing field by enabling our haulers to grow their infrastructure and compete for business.”
The Credit Junction’s financing program includes interest-only monthly payments designed to increase the capital available as the hauler’s business and assets grow. The Credit Junction provides working capital to small and medium-size businesses, combining technology and data intelligence with traditional asset-based metrics to assess small businesses’ health more accurately.
“Rubicon is a company that is redefining the waste management and recycling industry through innovative technology-based solutions,” said Michael Finkelstein, The Credit Junction’s CEO & founder. “Strategic alliances like this one further The Credit Junction’s commitment to transforming the way small and mid-size businesses access their growth and working capital needs.”
To learn more about Rubicon Pro, visit https://pro.rubiconglobal.com/strategic-partners/financing/
About The Credit Junction
The Credit Junction is the first data-driven asset based lending platform and is transforming the way small and mid-size businesses access working capital, growth and supply chain financing solutions. The company combines technology and data intelligence with traditional asset-based credit metrics and offers up to $5 million in capital availability. The Credit Junction targets growth-oriented suppliers, distributors and manufacturers typically with revenues between $2 and $25M. ;For more information, please visit: ;www.thecreditjunction.com. ; Twitter: @CreditJunction
Rubicon is the worldwide leader in sustainable, cloud-based waste and recycling solutions. Using its proprietary technology-enabled platform, the company provides comprehensive waste stream solutions that enable companies to reduce operating expenses and implement recycling programs. Rubicon’s goal is to create a more sustainable solution for businesses and the planet. Learn more atwww.rubiconglobal.com.