- The deals closed Dec. 19, expanding Love’s freight factoring business.
- The three firms, based in Oklahoma City, Chicago and Charlotte, N.C., added about 3,400 customers and primarily serve small- to midsize carriers, Love’s said.
- The purchases build on earlier factoring acquisitions in 2020 and 2024 as Love’s continues to grow its financial services alongside its 669 travel stops in 42 states.
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Truck stop operator Love’s expanded its financial services arm with the acquisition of three factoring companies.
The deals follow earlier factoring acquisitions in July 2020 and July 2024…