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RLS Signs Strategic Partnership with Advance Business Capital
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Amy Roberts
608-442-8100
amy.roberts@rlscorp.com
RLS Signs Strategic Partnership with Advance Business Capital
Structured finance deal solidifies opportunities to expand and offer enhanced services
Madison, WI, May 11, 2011 – RLS Corporation, a third-party logistics provider, today announced a strategic partnership with factoring service provider, Advance Business Capital (ABC).
As part of the agreement, ABC will provide RLS with a significant line of credit. This new financing will enable RLS to expand business operations to meet customer demands and provide carriers with enhanced services, such as advance payments to cover fuel costs and prompt payments upon delivery.
"This partnership gives RLS the opportunity to grow with customer needs," says Lance D. Roberts, President and CEO of RLS. "The industry faces significant challenges, including higher costs and complex regulations. To remain competitive in the current economy, carriers need flexibility. With the financial support of Advance Business Capital, we will be able to offer better and faster payment terms to our service providers and create custom solutions for every client."
About RLS
RLS Corporation is a trusted third-party logistics solutions provider of domestic and international logistics services for companies in all industries. For more information, visit www.rlscorp.com.
About ABC
Advance Business Capital is a working capital provider offering financial support to freight brokers and for-hire carriers. For more information, visit www.cash4truckers.com.
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