Atlanta-based Rubicon Global, which provides cloud-based waste and recycling solutions, has announced a partnership arrangement with The Credit Junction, New York, to provide flexible financing options for Rubicon’s network of haulers. Through the new program Rubicon haulers will be able to access term loans or lines of credit ranging from $500,000 to $5 million through The Credit Junction.
Rubicon says its technology-driven waste and recycling model empowers independent haulers to compete for customers of all sizes, operate more efficiently and grow their businesses. In addition, the Rubicon Pro hauler membership program provides national buying power to small and medium-size businesses through industry discounts and strategic partnerships.
“Rubicon relies on our network of independent haulers, and we’re committed to giving them the tools they need for success,” says Nate Morris, Rubicon co-founder and CEO. “Our partnerships with organizations like The Credit Junction help to level the playing field by enabling our haulers to grow their infrastructure and compete for business.”
The Credit Junction’s financing program includes interest-only monthly payments designed to increase the capital available as the hauler’s business and assets grow. The Credit Junction says it provides working capital to small and medium-size businesses, combining technology and data intelligence with traditional asset-based metrics to assess small businesses’ health more accurately.
“Rubicon Global is a company that is redefining the waste management and recycling industry through innovative technology-based solutions,” says Michael Finkelstein, The Credit Junction’s CEO and founder. “Strategic alliances like this one further The Credit Junction’s commitment to transforming the way small and mid-size businesses access their growth and working capital needs.”