BIRMINGHAM, AL, August 22, 2023–Porter Capital Corporation, a distinguished leader in providing working capital solutions, is pleased to announce our recent expansion. The acquisition of a multi-million-dollar portfolio of clients marks a strategic decision that amplifies our customer base, bolstering both revenue and our competitive edge within the alternative financing sector.
This expansion has also seen the addition of five new team members to our operations division, enhancing our capabilities and refining customer care. In tandem with this expansion, Porter Capital is embarking on an upgrade to a state-of-the-art commercial finance portfolio management system. By aligning these new team members with a cutting-edge technology platform, Porter Capital is poised to efficiently manage an elevated transaction volume, significantly enhancing responsiveness and overall customer support. According to Kate Smith, Chief Operations Officer, “I’m thrilled about the new additions to our team as they will facilitate more personalized interactions with our customers, strengthening our relationships.”
Over three decades, Porter Capital has evolved into one of the Southeast’s most prominent privately owned financial firms, catering to an ever-expanding clientele throughout the United States. From startups to multimillion-dollar enterprises, our comprehensive working capital solutions empower companies to expand, acquire assets, and navigate unforeseen cash flow challenges. Marc Porter, Chief Executive Officer, emphasizes, “Our pursuit of growth opportunities is unwavering, and this expansion aligns perfectly with our commitment to enhancing both our business and technology. In today’s uncertain economic climate, Porter stands resolute as a lifeline for businesses seeking vital funding.”
As Porter Capital continues to grow, these developments underscore our dedication to being a trusted ally for businesses, particularly in times of economic uncertainty, providing essential financial support when it’s needed most.
About Porter Capital Group
Porter Capital Corporation was founded in 1991 by brothers Marc and Donald Porter in Birmingham, AL. Porter offers working capital solutions to businesses all over the country in a variety of industries. As a direct lender and factoring company, Porter Capital has provided over $8 billion in funding since its inception. Porter Capital offers Invoice Factoring and Asset Based Credit Lines up to $40 million. Since founding the company, Porter Capital has expanded to include a special transportation division known as Porter Freight Funding. The Porter businesses continue to grow by providing working capital solutions, emphasizing personalized, dedicated customer service without sacrificing speed and efficiency. To know more about Porter Capital Corporation and how it can be a working capital solution provider for businesses, call 1-888-865-7678 or visit our official website.