Embedded Lending for Freight
Freight focused financing for carriers the Banks leave behind.
Carriers are the heart of our economy, driving innovation and fueling growth. Every day, great ideas are left at the drawing board by business owners who can't access financing to meet seasonal demand and fluctuating costs to run their business effectively.
Banks struggle to cater for the unique needs of all small businesses. We focus on those they leave behind.
For freight software providers. You know your niche better than the banks. Solve your customers cashflow problems by embedding financing in your software. Use your existing financial and operational data for underwriting to give customers decisions in real time, all in your software. Increase customer engagement and support your customers growth. Covalent helps manages the capital, credit risk and regulatory overhead.
Manage cashflow bumps through a flexible line of credit.
Unlock cash tied up with customers to fuel growth. Spot and Contract, Recourse and Non-Recourse.
Grow your business by making it easy to get paid.
Reach out if you have questions or interested in exploring how partnering with us can accelerate your financing solutions for your customers and how we do it differently from traditional financial institutions.