The Apex Capital Story: It All Started with Four Desks
It was late November, just before Thanksgiving, in 1995. Apex Capital Corp opened its doors at a rented room on Cockrell Avenue in Fort Worth. One employee soon turned into five, but there were only four desks. So, if you left your desk, the person standing got to sit down. Those are the humble beginnings of an employee and client-focused freight factoring company now more than two decades strong. Apex turned its first profit four months after its inception. The changes came fast and furious – a move from that Cockrell Avenue room to an office on Merrimac Circle and later to the current headquarters off Bryant Irvin Road. Apex had 15 employees by the end of 1999, 20 by the end of 2000, and many more today.
Through it all the Apex core values focused and fortified. Do the right thing. Make a difference in the lives of truckers. Take care of employees and clients, because without them you have nothing. Create a work environment that promotes positivity, loyalty, sincerity, teamwork. Strive for efficiency and energy, which in turn garners success. Give back to the community.
Already cemented as a world-class freight factoring company, Apex Capital then expanded its client-intensive services: The Apex Fuel Card Program, including the Apex Fuel Finder, started in 2008; TransConnect Services, a wholly owned subsidiary of Apex Capital, was formed in 2014; that same year Apex debuted its free load board, NextLOAD; and in 2015 Apex introduced the Startup program as well as the Apex Mobile Factoring™ App.
It’s no wonder Apex Capital has been named one of the Best Companies to Work for in Texas 11 times. At Apex, we care about our clients, our partners, and each other. We bring you open and honest communication, reliable and efficient service, and personal attention every day. That’s how we do the right thing.
David and Dean: Apex’s Dynamic Duo
It was early in 1995 when future Apex President David Baker met Dean Tetirick. David and Dean immediately had a few things in common – both earned Bachelor’s Degrees in Accounting, both came from high-level corporate positions, and both were looking for a change in their livelihood. Their differences created a nice yin-and-yang friendship. David became a CPA, while Dean went to law school for a Doctorate in Jurisprudence. David and Dean are both personable, kind, and earthy. David has the showier personality, a nice contrast to Dean’s more reserved demeanor. David had come to the end of his tenure at National Truckers Services (NTS), the company that introduced him to freight factoring first-hand. Dean worked for Cantey Hanger LLP, considered the second oldest law firm in Texas. Their introduction set in motion a six-month period of planning and strategizing. David would eventually cash-out his 401(k), and Dean provided crucial investment money in the new startup company.
Armed with enough capital, a dream, and families to support at home, David and Dean launched Apex. More than 20 years later, Apex thrives. David’s initial clear and heartfelt vision still prevails: “To create a company with a culture second to none, that would instill fear in the hearts of the competition, who could never measure up to the service offered … where people would leave work at the end of the day and go home and tell their kids how they made a difference in the life of someone that day.”