At JAX Logistics, LLC we are proud to offer factoring services through JAX Factors LLC. We are able to provide a reliable means of investment for carriers interested in Receivables financing for their business. Our company is solely dedicated to making the experience as affordable and efficient as possible. We make it our priority to provide factoring services you can trust. Our goal is to help you grow your business by offering an easy way to obtain capital. We are committed to providing quality services that will benefit all parties involved.
One of the most common myths about factoring is that the business automatically assumes debt, putting the company’s future in danger. When in all actuality, factoring Receivables is not a loan and no debt is assumed through the process. Instead, factoring a business is a capital asset transaction that is used to move money into the hands of a business so it can be used to power growth. Factoring is especially helpful in the early stages of a company when growth is its primary concern. With JAX Logistics as your factoring partner, you can get back to business while we take care of the details.
If you want your business to thrive, you need to make sure you are getting all the financing assistance you need. Factoring can also help improve your credit score. Factoring also provides flexibility when it comes to repayment, and it can help improve your business credit score. If you’re looking for a way to get the financial assistance your business needs to grow, contact JAX Factors today.
With an easy application process, we make it our priority to work with businesses of all sizes. No matter what industry you are in, our team can provide you with the necessary resources to keep your business thriving. We also offer competitive rates so you know you are receiving the best service in the industry every time.
At JAX Factors, we specialize in offering our clients flexible and fast funding for freight bills. As factoring is an alternative to invoice discounting where instead of waiting for payment from clients, you advance them part or all of their expected cash flow against future sales. This allows you to get paid immediately rather than having to wait until the end of each month.
With affordable factoring rates and free estimates, you will know the status of your invoices every minute. Whether you are looking for access to credit reports or to qualify for free ACH transfers, our professional factoring team at JAX Factors can assist you.
Factoring can be customized to your specific needs and goals, providing you with the capital you need when your company needs it most. With factoring, there is no need for collateral or personal guarantees, and the financing never appears on your balance sheet as debt. Whether you’re looking for traditional factoring, invoice discounting, or another type of financing solution, our professional and experienced team has you covered. We will work with you to develop a custom plan that fits your budget and helps grow your business.
The financing does not show up on your balance sheet as debt. Factoring is based on the quality of your customers’ credit, not your own credit or business history. It provides a line of credit based on sales, not your company’s net worth. Unlike a conventional loan, factoring has no limit to the amount of financing. It also works well for start-up businesses. Instead of waiting months for a client payment, you now have cash in your hand instantly, so you can to scale your business today.
Inquire about our career opportunities available nationwide. Contact us for an application.
JAX Logistics is a Woman Owned logistics provider offering a full range of supply chain solutions.
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Chief Operating Officer
Michael DeVault is the Chief Operating Officer for JAX Logistics LLC. JAX Logistics operates businesses in the Factoring Industry, (providing alternative financing and operating capital to small businesses in the transportation industry); Heavy Equipment Leasing Industry; Transportation Brokerage Industry; and Specialized Transportation Industry. JAX Logistics has offices in FL, TN, SC, NJ and IA. As the COO, Mr. DeVault is responsible for the development, implementation and execution of all worldwide operations, across all business lines. Mr. DeVault is a member of the International Factoring Association and the Transportation Intermediaries Association. Michael has more than 25 years of experience in the global supply chain industry, in the 3PL, Manufacturing and Finance arenas. Michael’s extensive experience includes designing, implementing and operating world-class logistics solutions for some of the most respected companies in the automotive, high tech, fashion, retail, consumer, healthcare, agricultural and chemical industries.
Mr. DeVault formerly held the position of VP Global Distribution & Logistics for Timex Corporation, managing the company’s global supply chain, international customer service and worldwide facilities management. Prior to that, Mr. DeVault was the Managing Director of Operations and Managing Director of Procurement for FedEx Global Supply Chain Services. In his role, he was responsible for all transportation programs in North America and Europe, as well as all procurement functions for the corporation. Additionally, Mr. DeVault worked for CSX Corporation in their supply chain organization, where he designed one of the industry’s first on-line transportation exchanges.
Michael DeVault is the Chief Operating Officer for JAX Logistics LLC. JAX Logistics operates businesses in the Factoring Industry, (providing alternative financing and operating capital to small businesses in the transportation industry); Heavy Equipment Leasing Industry; Transportation Brokerage Industry; and Specialized Transportation Industry. JAX Logistics has offices in FL, TN, SC, NJ and IA. As the COO, Mr. DeVault is responsible for the development, implementation and execution of all worldwide operations, across all business lines. Mr. DeVault is a member of the International Factoring Association and the Transportation Intermediaries Association. Michael has more than 25 years of experience in the global supply chain industry, in the 3PL, Manufacturing and Finance arenas. Michael’s extensive experience includes designing, implementing and operating world-class logistics solutions for some of the most respected companies in the automotive, high tech, fashion, retail, consumer, healthcare, agricultural and chemical industries.
Mr. DeVault formerly held the position of VP Global Distribution & Logistics for Timex Corporation, managing the company’s global supply chain, international customer service and worldwide facilities management. Prior to that, Mr. DeVault was the Managing Director of Operations and Managing Director of Procurement for FedEx Global Supply Chain Services. In his role, he was responsible for all transportation programs in North America and Europe, as well as all procurement functions for the corporation. Additionally, Mr. DeVault worked for CSX Corporation in their supply chain organization, where he designed one of the industry’s first on-line transportation exchanges.
Mr. DeVault holds an undergraduate degree in Business Administration and Economics from Valparaiso University, a Master’s Degree in Management from Webster University, and an Executive Master’s degree Duquesne University.
Mr. DeVault is a member of the Georgia Forestry Association and an avid outdoorsman where he devotes considerable time to the preservation and reintroduction of native species of wildlife and vegetation.
Mr. DeVault holds an undergraduate degree in Business Administration and Economics from Valparaiso University, a Master’s Degree in Management from Webster University, and an Executive Master’s degree Duquesne University.
Mr. DeVault is a member of the Georgia Forestry Association and an avid outdoorsman where he devotes considerable time to the preservation and reintroduction of native species of wildlife and vegetation.
President
Marcy DeVault is the President of JAX Logistics LLC and JAX Factors LLC and is responsible for the company’s finances, including financial analysis, revenue and growth modeling and projections, budget administration, financial reporting, treasury functions, and forecasting.
Ms. DeVault has over 30 years of experience in accounting and finance. Prior to joining JAX, Ms. DeVault worked as the CFO for Optimum Healthcare IT, as the CFO for French Fry Heaven, as the Director of Administrative and Financial Services for the Art Institute of Jacksonville, and was the Controller for the T.L. Cannon Companies.
Ms. DeVault holds a Bachelor of Accounting Degree from Walsh College of Accountancy and Business Administration, and a Master of Arts Degree in Management from Webster University.
