Rick's Trucking is a statewide trucking company based in Stockton, CA serving distributers state-wide. When they signed up to a new distributor that would require them to double their output and expand their reach, they didn’t have time to apply for a bank loan to cover the new expansion. That's when CFO Leon G. turned to WaterFall Capital for steady funding while the trucking empire grows.
“With WaterFall, we got an approval with minimal paperwork and the financing I needed within two business days,” says Leon, a financial enthusiast who started off as a trucker and worked his way up to CFO. Since his initial financing, Leon has used WaterFall’s Strategy six different times to make investments into the trucking firm, which now spans across 3 states.
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