Issue link: https://read.dmtmag.com/i/416418
Broker Basics 20 // OWNER OPERATOR // NOVEMBER 2014 ITS Financial Services, LLC, an Inter- net Truckstop company, partners with BAM Worldwide to provide their Diamond Broker members access to low cost working capital. This partnership furthers ITS Financial Ser- vices' mission to provide their Diamond Bro- ker members with sound business solutions in order to protect and grow their business. "Our Diamond Broker members are expe- riencing strong top line growth despite facing truck capacity limitations. BAM is an innova- WLYHVHFXUHVROXWLRQWRSURYLGHWKHFDVKÀRZ required to grow brokerages and compete in the market for trucks," states Joe Foxall, President of ITS Financial Services. "This partnership is a win for our Diamond Brokers and BAM Worldwide." BAM Worldwide provides an alternative ¿QDQFLQJSURJUDPWKDWLQFOXGHVGLVFRXQWHG working capital rates with seamless load and ¿QDQFLDOLQWHJUDWLRQ,QWKLVFRPSHWLWLYHPDU- ket, faster carrier payments lead to increased available truck capacity. ITS Financial Servic- es in partnership with BAM Worldwide will offer the Diamond Broker Capital Program to PHPEHUVDVDZD\WRLQFUHDVHWKHLUSUR¿WPDU- gins and grow their business. "The new relationship with ITS Financial Services and the new Diamond Broker Capi- tal Program is an exciting opportunity." says Todd Ehrlich, Managing Partner of BAM Worldwide. "We have a common mission to grow small and medium sized brokers' busi- nesses, and this partnership is an excellent way to further that mission. By partnering with ITS Financial Services we can provide Diamond Brokers the tools they need to con- tinue their success." ,76)LQDQFLDO6HUYLFHV//&LVDQDI¿OLDWHG company of Internet Truckstop. The mission is to provide the tools and services that will help our best Broker customers to both pro- tect and grow their businesses. Through the Diamond Broker program our members have access to affordable, high quality bonding and LQVXUDQFHSURGXFWVGHVLJQHGVSHFL¿FDOO\IRU brokerage. For more information visit itsfs. com. BAM Worldwide, LLC provides freight EURNHUDJH¿UPVDQGFDUULHUVZLWKDXQLTXH working capital and outsourced payment pro- FHVVLQJ VROXWLRQ %URNHUDJH ¿UPV DUH DEOH WRLQFUHDVH¿QDQFLDODQGRSHUDWLRQDOSHUIRU- PDQFHZLWKLQFUHDVHGFDVKÀRZDQGGHFUHDVHG expenses, allowing them to reach their full potential. For more information visit BAM- worldwide.com. OO ITS Financial Services and BAM Worldwide Partner To Create Working Capital Program