Gordon Brothers, the global asset experts, has provided Carroll Fulmer Logistics Corp. a holistic, multi-pronged solution that includes $27 million in financing to optimize the transportation and logistics company’s capital structure in support of continued growth.

Carroll Fulmer will leverage the financing that includes a first-lien revolving credit facility and an equipment sale leaseback for working capital to support its go-forward plan.

Additionally, Gordon Brothers is providing asset advisory services to unlock additional liquidity across accounts receivable, real estate and equipment through Nations Capital, a Gordon Brothers Company, to right size the existing fleet and reposition the company's delivery system for long-term success.

“We are pleased to partner with the Carroll Fulmer team to provide one of the Southeast’s most tenured shipping providers a fully integrated, tailored solution that combines our asset expertise in asset-based lending, equipment leasing, equipment management and real estate, all under one roof,” said Dennis A. Bolton II, Senior Managing Director, Head of North America Equipment Finance at Gordon Brothers. “Our comprehensive solution will not only increase the company’s liquidity and improve operational efficiency, but we also expect resulting near-term delivery performance improvements will present new opportunities and allow the company to invest in upgrading the fleet over time.”

“Gordon Brothers was a trusted, strategic partner in providing multi-faceted financing combined with consulting on strategies to optimize our company’s asset portfolio,” said Tony Fulmer, Chief Revenue Officer and one of Carroll Fulmer’s owners. “As we continue to navigate shifts in the trucking industry, the firm’s partnership, asset expertise, and ability to bring these services together as a one stop shop meets our company’s needs for ongoing investment in our employees, customers and partners.”