F4F - Jared Flinn - Bulk Loads

876.581 - 899.714 Jared Flinn

So 2014, we launched Smart Freight Funding, which is our factoring arm. If people don't know what factoring arm is, we basically were a quick pay or next day pay on these invoices. So instead of that company taking that load that they haul, sending it to ADM, They send it to us. We get them paid next day, usually a small percentage fee. It can range anywhere from 2% to 3% of the load.