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PayCargo Capital and Evolve Bank & Trust Partner to Help Relieve Supply Chain Crisis

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Press Release


Dec 22, 2021 06:00 EST


PayCargo Capital has secured a substantial lending alliance with Evolve Bank & Trust (“Evolve”), a leading financial and technology institution, allowing freight forwarders and beneficial cargo owners to apply for and receive credit at the point of paying freight costs. The partnership will immediately fund the “PayCargo Line of Credit” which eliminates financial delays that are contributing to the ongoing supply chain crisis. This solution allows freight forwarders and beneficial cargo owners to apply for and receive credit right at the point of paying freight costs. PayCargo expedites funding by removing the need for using third parties, excessive paperwork, and lengthy processes.

PayCargo Capital is the exclusive lending partner to users of PayCargo, LLC’s successful payment…

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