Need more stories like this for the revenue based financing product. Of course the cost of capital is the key thing Lendistry offers here compared to many other funders.
June 26, 2025 / Lendistry announces today that it was proud to help Connecticut Logistics, a veteran-owned business, grow its operations with a new take on revenue-based financing (RBF) .
After transitioning from manufacturing work due to injury, owner Jason Behmlander earned his commercial driver's license and used a personal loan to start the business with one truck in 2021. As the industry emerges from what FleetOwner calls the longest freight downturn in a century, this year Behmlander opted to utilize debt again to purchase a second truck, planning to use the added revenue to pay off the loan. As a former Marine, Behmlander says he's "wired to never quit for any reason".
"The Lendistry program was handy because rates of hire for trucking bottomed out, and when times were slower, the payments were lower," says Behmlander. "If you use it to create more revenue, the revenue-based model is incredible. It was a force multiplier, paying back the loan with twice the revenue."
Lendistry offers RBF through a special program for "middle mile" carriers. RBF provides a flexible repayment plan that matches carriers' financing expenses to their income, and the Program takes a different approach that can allow small businesses to keep more of their revenue during overperforming months and keep growing.
https://finance.yahoo.com/news/connecticut-small-business-owner-doubles-130000649.html