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VANCOUVER, BC, April 14, 2021 /PRNewswire/ - Travelers Capital, a transitional capital financing initiative from Travelers Financial Group designed to support small and mid-market businesses that operate in asset-intensive industries, announced today its alliance with Ritchie Bros., a leading global provider of asset management, valuation, and disposition solutions.
After a series of successful closings facilitated by working alongside the Ritchie Bros. team, Travelers Capital has chosen Ritchie Bros. as its preferred disposition agent and Ritchie Bros. affiliate Rouse Appraisal Services as its valuation partner for appraisal services on all heavy equipment financing transactions. Ritchie Bros. set of solutions will provide the best platform for our customers to access untapped liquidity by recapitalizing their revenue-producing assets or through up-front dispositions on their under-utilized fleet during an initial consultation, said Jim
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