American freight finance has secured new warehouse credit lines

American Freight Finance has secured new warehouse credit lines totaling $150M, a move seen as positioning for expanded freight invoice factoring capacity in peak shipping season. “That created, in effect, a government-created monopoly,” says Spruce Pine resident Victoria Hicks, who has been part of a community effort to keep the hospital viable. “So it’s a bird’s nest on the ground,’’ she says, referring to the hospital system that worked well before it was bought by HCA. Now, she adds, “we’ve seen what happens when you let a for-profit company operate in those kinds of conditions.” Labor Day event with new finance options happening at reopened Virginia American Freight stores Dividend yield for American Freight Finance stands at 2.1%, backed by steady cash flows from freight receivables, appealing to both income-focused and growth-oriented investors.