GreaterTexan.com is not responsible for content written by contributing authors. Subscribe Now, Download the FreightWaves app for unlimited access to news and insights (Android & iOS Available), Copyright 2022, All Rights Reserved, FreightWaves, Inc, Receiver works to get truckers paid after CoreFund Capitals abrupt closure, Loaded & Rolling (Enterprise Fleet News/Analysis), Carriers unable to pay drivers, buy fuel after CoreFund Capital closes. If you booked freight directly with us, we are working to resolve this issue. CoreFund Capital trying to run business as normal for carriers during receivership however they have been met with numerous road blocks provided by numerous not so friendly factors, however the largest roadblock at this moment is Triumph Business Capital also known as TBK Bank holding well over 2 million dollars, for funding from CoreFund Capital. We hear you (and love you) from the Oval Office. The Wrong Answer to the Right Problem. 4. All available positions are in our corporate . Apply Now! Employees found out that morning they were all terminated with prejudice. Women said coronavirus shots affect periods. 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 Capital LLC is a premier provider of financial services, specializing in business financing through. The Registered Agent on file for this company is C T Corporation System and is located at 1999 Bryan St., Ste. Throw in a usable (albeit pretty basic-looking) mobile app, and you're good to hit the road. Dont Come For Us Unless We Send For You, Name one word that best describes this video. This is the CoreFund Capital company profile. googletag.pubads().collapseEmptyDivs(); That is an unusual asset in business today. Some small-business truckers were forced to cease operations or couldnt pay their drivers or buy fuel when CoreFund stopped answering phone calls or emails from desperate truckers after the office went dark July 18. Entry level positions can be a stepping stone to future positions within the company. Crown Financial 16420 Park Ten Place, Ste 125 Houston, Texas 77084 Crown Financial is a Houston factoring company founded in 2000. Visit this page to learn about the business and what locals in Weatherford have to say. Great article for financing spectators such as us along side informative work around to make sure we have the back bone strong enough to handle all our clients through this. Complicating matters is a lack of communication from CoreFund executives and a failure to follow procedures that would enable other brokerages and factoring companies to help the affected truckers. I spoke to a carrier yesterday out of New York that submitted three invoices to CoreFund last week and no one responded to her so shes stuck in limbo, Ashley Dellinger, vice president of sales and marketing of Utah-based Express Freight Finance, told FreightWaves. He warned factoring companies to be cautious if they decided to fund truckers because of the UCC liens and the notice of assignments that are still in place with CoreFund. Factoring Service in Weatherford, TX. Service Provider Type. Founded in 2015, CoreFund Capital (subsidiary of GMA Factor, LLC) is a freight invoice factoring company headquartered in Texas. var gptSlot = googletag.defineSlot('/21776187881/Sidebar1EAS', [[300, 250], [336, 280], [300, 600]], 'div-gpt-ad-b7-i-fw-ad-6').defineSizeMapping(gptSizeMaps.sidebar1).setCollapseEmptyDiv(true).addService(googletag.pubads()); Carriers Unable To Pay Drivers, Buy Fuel After CoreFund Capital Closes, Statistically Indistinguishable From Zero: Wharton Study Finds Inflation Reduction Act Has No Impact On Inflation, ECB Tapers PEPP Bond Purchases To Moderately Lower Pace, In Stunning Strategy Reversal, Pentagon Will No Longer Rule Out Use Of Nuclear Weapons Against Non-Nuclear Threat, BREAKING: TRUMP GRAND JURY LEAK. As part of the original trust, Shim Sacks granted special power of appointment to his brother, Yaakov Jacob Sacks. Legal Name CoreFund Capital, LLC Company Type For Profit Contact Email info@corefundcapital.com Phone Number 800-405-5464 Lists Featuring This Company Texas Companies With Less Than $10M in Revenue (Top 10K) 9,966 Number of Organizations $44B Total Funding Amount 4,872 Number of Investors Track Free and open company data on Texas (US) company CoreFund Capital LLC (company number 0802063383), 1193 BEECHWOOD BLVD, PITTSBURGH, PA, 15206 MAKE AMERICA GREAT AGAIN! CoreFund Capital 275 followers 2mo Reduce your overhead, improve cash flow, and keep your truck on the road. Compare pay for popular roles and read about the team's work-life balance. 3623 Crossings Dr., (928) 237-5588Suite 306 info@cavilogistics.com Prescott, AZ 86305, www.linkedin.com/company/corefund-capital. Why isnt the far-left media showing the following coronavirus chart to the American people? realDonaldTrump: Antifa is a Terrorist Organization, stay out of Washington. 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. googletag.pubads().collapseEmptyDivs(); CoreFund is described as simple, transparent, and reliable, customers say they always deliver funds quickly and give services at a class-leading pace. Learn more about CoreFund Capital with in-depth company details, verified client reviews and portfolios. Strengths. I will be your contact moving forward. CoreFund Capital LLC, a receivables finance company, is a premier provider of financial services, providing working capital for all size businesses through invoice factoring. According to court filings, Jacob Sacks exercised this special power of appointment he holds under the original trust and transferred the trusts assets, including the holding company that owns CoreFund, to a new trust he created, the Sacks Family Grandchildrens Trust, on July 12. See what employees say it's like to work at CoreFund Capital. However, former employees with access to CoreFunds Facebook account have been posting updates to its panicking trucking customers since no one has responded to their calls or emails. Before joining FreightWaves, she wrote for Land Line Magazine and Trucks.com. 900, Dallas, TX 75201-3136. BREAKING: Hunter Biden Investigated by the US Attorneys office! World leaders are viciously scapegoating the unvaxxed; WH tweet may DOOM Bidens vaccine mandate, Desantiss opinions cut through the political distraction; Poll shows Trump easily beats Biden 2024. You should reach out to the receiver to see how they can help expedite the process and place them on notice of how you are impacted. Coronavirus Tracking Bracelets Flooding Market, Ready To Snitch on People Who Dont Distance, 43% of Parents Say They Will Pull Their Child Out of School Over V@X Mandate, $90 Billion in Equipment to Taliban, Complete Failure of Afghanistan Exit, Analysis: Xinhua Hints Chinas Xi Jinping Will Get Third Term in Power | China Insider, Wolf Warriors: Chinas Aggressive Diplomats at Work; Problems at the Southern Border | China Insider, How the dividing line between play and the reality of what a firearm is became blurred, Blacks/Latinos Hit Particularly Hard As Mortgage Crisis Lingers, TRUMPS LATEST WELL-TIMED MOVE! 1880 Santa Fe Dr #400; Weatherford, TX 76086; My Response to DHS Secretary Kirstjen Nielsens Press Briefing today On Zero-Tolerance Policy, Bidens said he never spoke to Hunter about business dealings. CoreFund is a wholly owned subsidiary of GMA Fund LLC, the holding company for the Shim Sacks Family Legacy Trust, which he created in October 2014. Late Thursday, Jason Medley, partner with law firm Spencer Fane in its Houston office, notified some of the affected trucking companies and factoring companies that the judge appointing a receiver is a positive step. As part of the original trust, Shim Sacks granted special power of appointment to Jacob Sacks. realDonaldTrump: I will be speaking at the SAVE AMERICA RALLY tomorrow on the Ellipse at 11AM Eastern. Biden DERAILS Mid-Speech at the State Department! On July 18, a temporary restraining order and injunction were filed on behalf of CoreFund LLC. CoreFund Capital LLC, a freight factoring company, is a premier provider of financial services, specializing in business financing through invoice factoring. In response to courtroom paperwork, Shim Sacks based CoreFund Capital in 2014. This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things our plans, strategies and prospects -- both business and financial. Specialties: CoreFund Capital LLC is a premier provider of financial services, specializing in business financing through invoice factoring services. The law firm representing him and CoreFund, Warren Fonville of Fort Worth, Texas, did not respond to FreightWaves request seeking comment. Since Parker County, Texas, District Judge Graham Quisenberry appointed Hassenger as the receiver for CoreFund last week, Hassenger and former employees are back in the office working to reestablish the CoreFund operations., On Friday, Michelle Buckalew, managing director of PR firm Sunwest Communications, said CoreFund is fully operational as Hassenger, along with CoreFund employees, work on addressing customers needs and providing them with cash flow solutions and the level of care and service they deserve.. It also names CoreFunds longtime president, Bonnie Castillo, as the sole manager of CoreFund. See BBB rating, reviews, complaints, request a quote & more. Date of experience: 02 March 2020 | Rudy Giuliani and Mike Lindell | Ep. Our commitment is to our clients to provide a superior product with complete transparency. The law firm Warren Fonville of Fort Worth, Texas, which is representing the younger Sacks, did not respond to FreightWaves request for comment. Harris is experienced in a range of factoring operations. NOT SO FRIENDLY FACTOR TRIUMPH BUSINESS CAPITAL. CoreFund is a member in good standing with the International This is viewed as a positive step as the receiver could act on behalf of CoreFund to make the necessary payout arrangements, but it will still take some time for funds to be paid. Do local business owners recommend CoreFund Capital? Salaries, reviews, and more - all posted by employees working at CoreFund Capital. According to court documents, Shim Sacks founded CoreFund Capital in 2014. 24 were here. Get the latest business insights from Dun & Bradstreet. gptAdSlots.push(gptSlot); CoreFund capital has definitely made my opinion change and to be honest I never think twice about getting my money the day promised. Call Ashley Vogan at Triumph at (915) 331-1606 (Office) Be sure to tell her I . Patrick Rusniak. CoreFund Capital LLC is a premier provider of financial services, specializing in business financing through invoice factoring services. Photo credit: Jim Allen/FreightWaves. Some brokerages and other factoring companies say the newly appointed receiver may be crucial. Our factoring agreements give you the freedom and flexibility to maintain your customer relationships with confidence and trust. 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"We are excited to watch them become a dominant player in their industry ", "The Company is now positioned to execute its growth plans with an enhanced credit facility of $25 million," commented INNO's CEO, Sunandan Ray. Trump Demands IMPEACHMENT of Mitch McConnel as Biden Deletes Tweet After Inflation Fact Check, Trump Files Lawsuit Against New York Attorney General Letitia James for Political Bias Against Him, Trump Demands Impeachment of Mitch McConnell and Alleges Democrats Have Leverage Over the Republican, Joe Biden and mainstream media colliding, the establishment is back in power, JOE BIDEN THANKS THE MEDIA!! Sep 2014 - Present8 years 3 months. Please know that we understand the hardship that this has created for you and are working alongside theCorefundteam to address your needs as soon as we can. CoreFund Capital. Financial Services window.googletag = window.googletag || {cmd: []}; The initial credit line provided to Unique Logistics International on May,31, 2020 was increased from $12,000,000 to $25,000,000 on November 2nd, to provide the necessary availability to support the ongoing growth for the Company. }); Clarissa has covered all aspects of the trucking industry for 14 years. I truly can't be more thankful to this company and it's staff for doing everything they say they will do. Melissa Harris joined CoreFund Capital as vice president. Sponsored Learn More D&B Reports Available for Corefund Capital LLC Network Visualizer Advertisements Key People Contact Us Today! "Unique has performed impressively over the past months with a solid base of business. We are fortunate to have dependable business partners such as Core.". Uncover why Corefund Capital is the best company for you. New study shows theyre right. Black American Culture War LIVE Debate. A few Senators will object. LOW IQ DEMS. googletag.defineSlot('/21776187881/fw-responsive-main_content-slot2', [[468, 60], [728, 90], [300, 100], [320, 50]], 'div-gpt-ad-1665767472470-0').defineSizeMapping(gptSizeMaps.banner1).addService(googletag.pubads()); Our commitment is to our clients. from 8 AM - 9 PM ET. Management is very flexible, open, honest, and . Interview with Julie Cho, Executive Director of CMC 2021 Conference at Dallas Texas | BraveHearts, Remark from Rep. Chris Smith to Support Hong Kong People on the Anniversary of Tiananmen Massacre, Remark from Hon. MAGA 2024!!! googletag.pubads().enableSingleRequest(); Get in touch. It has offices throughout the United States and employs over 90 staff. With each companies' customers being truck drivers, both services go hand-in-hand with one another. However, being a new company, it looks the solidity of longer-term players like Truckstop. Get on the road, stay on the road, and grow. }); 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.. He issued the following statement about the factoring companys ongoing lawsuit on LinkedIn. Doctors speak out that an effective cancer treatment is being systematically shut down. }); While the old trust only named Shim Sacks children as beneficiaries, the new trust lists both brothers children as beneficiaries. Nikki Wakefield800-405-5464[emailprotected]http://CoreFundCapital.com/, Cision Distribution 888-776-0942
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