Its unclear why Jacob Sacks created the new trust. Glassdoor gives you an inside look at what it's like to work at CoreFund Capital, including salaries, reviews, office photos, and more. Both companies provide the utmost transparency andflexibility in their services and will continue to highlight this to the benefit of all truck drivers. CoreFund capital has definitely made my opinion change and to be honest I never think twice about getting my money the day promised. Court-appointed receiver Timothy Hassenger is working on getting hundreds of truckers' accounts receivable paid nearly three weeks after a legal feud between brothers regarding the assets of a family trust led to the abrupt shutdown and firing of all employees at CoreFund Capital, a Texas-based factoring . Jason Medley, partner with law firm Spencer Fane in its Houston office, is representing more than 100 trucking companies that were affected by the CoreFund shutdown. Two things are constantly on the mind of a truck driver: where can I find freight, and how do I get paid? CoreFund Capital, LLC Appoints Bonnie Castillo New President - Read online for free. With a commitment to clients and a customized approach, CoreFund combines their cash flow solutions with a superior level of care and service. Learn more about CoreFund Capital with in-depth company details, verified client reviews and portfolios. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Harris is experienced in a range of factoring operations. Neutralizing the Spike Protein: Shikimic Acid*. Receive Daily Banned News StoriesTHEY Don't Want You to Know! This has left their clients scrambling to cover costs. Carriers get the flexibility of choosing their own loads and hauling locally to make money and get home every night. (Natural News) Small business truckers who rely on CoreFund Capital for factoring their accounts receivable are now struggling to stay in business following the abrupt closure of the company. 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.. Sponsored. Some SMALL BUSINESS' are nolonger SMALL BUSINESS', some individualslost leases on their trucks, or now have to selltheir truck(s) and trailer(s), homes that willhave to be sold, etc. Companies can ask for reviews via automatic invitations. DrayNow, the first real-time intermodal marketplace, and CoreFund Capital, a premier full-service freight bill factoring company, are excited to announce a new marketing partnership. CONSHOHOCKEN, Pa., Jan. 27, 2021 /PRNewswire/ -- DrayNow, the first real-time intermodal marketplace, and CoreFund Capital, a premier full-service freight bill factoring company, are excited to. Everyone trying to call their account representatives or the general phone number were left getting only voicemails or "mailbox full" notifications. UNLOCK PREMIUM DATA WITH DATABOOST Compare pay for popular roles and read about the team's work-life balance. all CoreFund staff are back in the offices today and working with the receiver to begin to reconcile accounts and payments. I do not know what we would do with out COREFUND CAPITAL.THANK YOU THANK YOU THANK YOU. CoreFund is a member in good standing with the International DrayNow, the first real-time intermodal marketplace, and CoreFund Capital, a premier full-service freight bill factoring company, are excited to announce a new marketing . I truly cant be more thankful to this company and its staff for doing everything they say they will do. Enjoy. We use dedicated people and clever technology to safeguard our platform. Facebook: CoreFund Capital On July 18, drivers and businesses were shell-shocked to learn CoreFund had shut down, locked everything down, and went off the scope. Very honest and straightforward people over there. Through this agreement, DrayNow and CoreFund Capital will promote the core competencies of each company to their respective customer bases. Learn More D&B Reports Available for Corefund Capital LLC. 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. By: Latest Press Releases from Newswire.com. The law firm Warren Fonville of Fort Worth, Texas, which is representing the younger Sacks, did not respond to FreightWaves request for comment. Reviews from Corefund Capital employees about Corefund Capital culture, salaries, benefits, work-life balance, management, job security, and more. *Weve adopted it as such, its not ours. It has been a pleasure working with Judy Bustos. "Corefund Capital" of Weatherford, TX 76086 operates primarily in SIC Code 6099 - Functions Related to Depository Banking, Not Elsewhere Classified and NAICS Code 522320 - Financial Transactions Processing, Reserve, and Clearinghouse Activities. 28931 Followers. BBB accredited since 5/8/2018. In a status hearing via videoconference on Wednesday with factoring companies, as well as attorneys and truckers, Medley said carriers just want to get back to work even if that means leaving CoreFund for another factoring company. Apply Now! The factoring company, Corefund Capital (Corefund) has ceased operations. 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. We hope you dont mind as its expensive to pay for bandwidth and time to do this. Download the FreightWaves app for unlimited access to news and insights (Android & iOS Available) Your E-mail Address. CoreFund capital has made my opinion shift and to be honest I don't think about getting my money guaranteed. Field is required! I truly can't be more thankful to this company and it's staff for doing everything they say they will do. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. While the old trust only named Shim Sacks children as beneficiaries, the new trust lists both brothers children as beneficiaries. CoreFund Capital LLC is located at 1880 Santa Fe Dr #400, # 400 in Weatherford, Texas 76086. They also needed a revocation of a notice of assignment that is sent to the truckers customers instructing them to make a payment to CoreFund, which in turn pays them. Money flow is the biggest concern for all of us. CoreFund Capital, which is based in Texas, suddenly closed its doors late last month and fired all of its staff amid a legal dispute between two brothers involved in the company's ownership. The companies . CoreFund Capital, which is based in Texas, suddenly closed its doors late last month and fired all of its staff amid a legal dispute between two brothers involved in the companys ownership. Shim Sacks did not respond to FreightWaves request seeking comment. After several communications with their team, we are allowing the receivers staff and the CoreFund staff (many of whom we are told returned to work under the pending receivership) to have time to access the computer systems and review the list of our carriers, which number slightly above 100 at the moment.. Currencies. Date of experience: November 08, 2019. It offers a personalized service that's tailored to the unique needs of your freight business, with the rates to match. 24 were here. On January 9, 2019, freight factoring company, CoreFund Capital, and its sister dispatch company, HardCore Dispatch Services, announced the appointment of Bonnie Castillo as president over each entity. Business Development Officer at CoreFund Capital Santa Ana, CA. We have been with them for about three years and have never had a hurdle we could not get over together. First Momentum Ventures as a "first money in"-investor, they help your startup to gain its first momentum by backing you with a first investment as well as world-class mentoring, a strong community, and the required know-how. Get the App. Find out how we combat fake reviews. Melissa Harris joined CoreFund Capital as vice president. She said CoreFund plans to release the carriers that want to find a new factoring company, but it could be risky for those companies that are already factoring CoreFund truckers accounts receivable. Harris has 20 years of experience in the factoring industry, working in general factoring early in her career and specializing in transportation factoring for the past 17 years. The receiver stated the goal is to have this done by the end of this week, Friday 8/5/22. Treasuries. Small business truckers who rely on CoreFund Capital for factoring their accounts receivable are now struggling to stay in business following the abrupt closure of the company.Factoring companies purchase outstanding invoices from companies with slower-paying customers to provide them with immediate cash flow. 41 others named Todd Waller are on LinkedIn . DrayNow, the first real-time intermodal marketplace, and CoreFund Capital, a premier full-service freight bill factoring company, are excited to announce a new marketing . Uncover why Corefund Capital is the best company for you. DrayNow carriers can utilize CoreFund Capital as a quality factoring partner while CoreFund clients can sign up for DrayNow's hassle-free freight marketplace. Follow Us. However, late Thursday, Parker County, Texas, District Judge Graham . Receiver works to get truckers paid after CoreFund Capital's abrupt closure . They answer questions and handle our business promptly in a professional and courteous manner. We just need them to be allowed to do so.. Transportation DISASTER: CoreFund Capital closure leaves trucking companies unable to pay their drivers or buy fuel, Karine Jean-Pierre Says Supreme Court Overturning Roe v Wade Was Unconstitutional (VIDEO), Bidens Corrupt Justice Department Contemplating Appointing Special Counsel if Trump Runs For President in 2024: Report, WATCH LIVE: Kari Lakes Arizona First Rally With Trump-Endorsed Candidates, Elon Musk Reportedly to Fire Half of Twitter Employees on Friday at 9AM PST, Biden Gave $1 Billion Via USAID to Afghanistan After the Taliban Took Over and Now Wont Share Where It Went, Project Veritas: Nevada Democratic Victory Staffer Bashes Hispanic Voters Latino Republicans Are the Reason Democrats Lose (VIDEO). Factoring Service in Weatherford, TX. 4. By: Latest Press Releases from Newswire.com. Field is required! 1,000 Different Studies Show Extensive Evidence of COVID-19 Vaccines Adverse Events, read them HERE. President. That's why it's useful to have a freight factoring company like CoreFund Capital on hand to give you a boost. Here are 8 tips for writing great reviews. This has left their clients scrambling to cover costs. News. Well as a truck that an owner operator we have challenges. We've been banned from: Twitter, Facebook, Reddit, Medium, WordPress, Google, Gmail (literally), Blogspot, Instagram, Pinterest, LinkedIn, PayPal, LiveJournal, Soundcloud, Dailymotion, Vimeo, Tumblr, Flickr & Youtube and probably . I have always been able to call in and she will answer any and all questions to the best of her knowledge. That is an unusual asset in business today. Page 1 of 2 1 2 . Get in touch with one of our factoring specialists today! 76045 Fans. Send us a message on Facebook. Freight bill factoring with CoreFund Capital keeps your business rolling: Free same-day funding including Saturdays w/ no monthly minimum! May 7. Hundreds of small-business truckers who use CoreFund Capital to factor their accounts receivable are struggling to stay afloat after the company abruptly closed its doors. As a part of the unique belief, Shim Sacks granted particular energy of appointment to Jacob Sacks. It also names CoreFunds longtime president, Bonnie Castillo, as the sole manager of CoreFund. If you purchase something from these links we or the owners of those links COULD get paid for that. CoreFund is a great company to work for! She is very professional, has a friendly attitude and is always willing to answer all of my questions and walk me through the website when I need help. 76008 Fans. Any income made by this site is reinvested back into STN. Also, this website is a participant in the Amazon Services LLC Associates Program. Bank accounts were empty, computer systems locked, and phones were disconnected. Small business truckers who rely on CoreFund Capital for factoring their accounts receivable are now struggling to stay in business following the abrupt closure of the company. CoreFund Capital, LLC, a subsidiary of GMA Factor, LLC, provides cash flow solutions to the Transportation . Read our Pledge HERE. CONSHOHOCKEN, Pa., Jan. 27, 2021 /PRNewswire/ -- DrayNow, the first real-time intermodal marketplace, and CoreFund Capital, a premier full-service freight bill factoring company, are excited to announce a new marketing partnership. Design by, Small Fleet recap: How SONAR data can help position carriers into better markets, CubeSats rideshare to space featuring NASA, DOE numbers show big divergence between national, East Coast diesel prices, Q1 rail earnings preview: Service metrics, headcount, macro uncertainties, FreightWaves Classics/Pioneers: Col. John Stevens impacted steamboats, railroads, patents and more, CPGs still consider freight costs to be headwinds, Receiver works to get truckers paid after CoreFund Capitals abrupt closure, Carriers unable to pay drivers, buy fuel after CoreFund Capital closes. Rothman will be joining GMA and its family of companies to grow it into a multi-dimensional lender with. We have worked with Francisco for the past few years and have never had a problem. A judge appointed a receiver on behalf of CoreFund, which may help truckers gain access to funds more quickly. They maintain that they are legally and physically unable to release funds or send release letters, however. Management is very flexible, open, honest, and . Theme: Newsup by Themeansar. CoreFund Capital | Weatherford TX Summary by Ground News Hundreds of small-business truckers who use CoreFund Capital to factor their accounts receivable are struggling to stay afloat. I was never a lover of factoring companies because they promise and never deliver. Subscribe and get full access to Ground News. Last week, a District Judge in Parker County, Texas, Graham Quisenberry, appointed a receiver acting on behalf of CoreFund in the hopes of helping truckers to access their funds faster. Verification can help ensure real people write reviews about real companies. Until CoreFund releases Uniform Commercial Code liens that were filed by the factoring company against the assets of carriers, truckers will be unable to get relief. 900, Dallas, TX 75201-3136. Learn more about each company on DrayNow.comand CoreFundCapital.com. As a (relatively) small trucking business with between one and 100 HGVs, competing with the big boys can be tough. DrayNow Evan Noll - Director of MarketingEmail:[emailprotected], CoreFund CapitalNicolette Cohen -Marketing Administrator[emailprotected], Cision Distribution 888-776-0942 Let's Break the Censorship Together, Opt in and Spread the Word! I was never a fan of factoring companies simply because they all promise and never deliver. CoreFund Capital LLC. In response to courtroom paperwork, Shim Sacks based CoreFund Capital in 2014. Since CoreFund Capital LLC was founded, the company has grown faster than the industry average. Click a Banner Below to Get Started, ~Everything on this site should be considered as entertainment ONLY, nothing else!~. Great great service!!! Contact Us Today! Rival factoring companies have reported receiving countless calls from CoreFunds trucking clients, many of whom are concerned they will have to stop doing business because they cannot pay their drivers or buy fuel. Shared with Public Being thankful not only shows good manners, but a simple expression of thankfulness can go a long way in relationships and communication with others. CoreFund is a completely owned subsidiary of GMA Fund LLC, the holding firm for the Shim Sacks Household Legacy Belief, which he created in October 2014. Court-appointed receiver Timothy Hassenger is working on getting hundreds of truckers accounts receivable paid nearly three weeks after a legal feud between brothers regarding the assets of a family trust led to the abrupt shutdown and firing of all employees at CoreFund Capital, a Texas-based factoring company. About Us Trucker News . We just need the folks behind the wheel to get released so they can haul loads and get paid, Medley told FreightWaves. 5 stars all day long. We also ensure all reviews are published without moderation. CoreFund Capital LLC can be contacted via phone at (800) 405-5464 for pricing, hours and directions. Previously, Bonnie was the Business Development Officer at Anson ia Credit Data and also held positions at Apex Capital Corp, Orange Commercial Credit, eCapital, CompuNet Credit Services. CoreFund offers same-day factoring to trucking companies throughout the nation to help clients who need access to funds to make their payroll, purchase fuel or inventory, or fulfill orders. Enter Your Credentials. Corefund Capital LLC Overview. Get the App. I can go on and on but Ithink you get the message. You can read our entire affiliate disclaimer here. With each companies' customers being truck drivers, both services go hand-in-hand with one another. 1-877-381-0004 Business And Commercial Financing CoreFund, Inc. offers highly personalized service and help cut through the red tape that is often involved in securing business loans from banks and other lending institutions. CoreFund Capital | 229 followers on LinkedIn. They deliver factoring services as promised and provide exemplary customer service. In addition, a revocation is required of the notice of assignment that was sent to these truckers clients telling them to make their payments to CoreFund, who then pays the truckers. Privacy Policy Reviews. CoreFund is described as simple, transparent, and reliable, customers say they always deliver funds quickly and give services at a class-leading pace. For the Vaccinated: NANO SOMA* Specialties: CoreFund Capital LLC is a premier provider of financial services, specializing in business financing through invoice factoring services. NOTICE: This site is purely a religious organization, anything that seems like political or health based discussion is simply our religious doctrine and beliefs. The Weatherford, Texas-based company abruptly closed its doors 10 days ago and fired its entire staff over a legal spat between two brothers.
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