SRF announces division to fund rail shippers

Strategic Rail Finance President Michael Sussman on Wednesday announced the formation of a new division, HBS Advisors, to work with shippers that need capital for expanding their business and their use of rail transportation.

HBS Advisors, with headquarters in Philadelphia, will coordinate funding solutions for manufacturers, transload and warehouse operators, new-energy providers, innovative and sustainable industries, agriculture and forestry enterprises, and other rail-served companies.

"Effective rail marketing requires an efficient logistics solution for acurrent or prospective shipper and the right capital solution for theirexpansion," said Sussman. "Offering rail shippers both increases thelikelihood of their project coming to fruition quicker."

Sussman continued, "The demand for rail transportation in North America isprojected to increase for decades to come. With funding from traditionalcommercial bank sources difficult to obtain, we have launched HBS Advisorsto provide rail shippers with the same capitalization strategies that wehave pioneered for railroads at Strategic Rail Finance since 1994."