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RBC delivers ABF to Atlantis - $1.75 Million
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" Atlantis is one of Canada's foremost providers of truck transportation services specializing in airfreight. After several years of growth, the company decided to pursue a more comprehensive financial partner to handle its increased requirements.
Asset Based Financing at RBC was an excellent choice for Atlantis to manage cash flow by leveraging its growth in accounts receivables. Indeed, both cash flow and collections improved greatly after the switch. In addition,RBC was instrumental in reducing carrying costs and other overheads like automated payroll administration.
RBC continues to be a valuable resource in helping Atlantis with all their financial matters. "
Ted Daniel
Chief Financial Officer
Atlantis
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