Small Business Is Hard: Trucking Is No Different
Every small business owner has a lot of things on their mind and running a small trucking operation is no different. From maintaining your log book to figuring out where your next load is, the last thing you want to think about is when you’ll get paid on your latest freight bill.
Waiting 30, 60 or even 90 days to get paid can severely strain your cash flow and make it tough to compete with the large carriers.
Our freight factoring services can help you obtain the necessary cash for fuel, payroll, repairs, equipment and all your on-the-road expenses today.
How Does Factoring My Freight Bills Help My Business?
It's never been easier for truckers to get cash! We will help you find a factoring company that will purchase your freight bills and
advance you the cash within 24 hours, so you don't wait to get paid. Our clients have been helping truckers with their cash flow needs
since 1969.
When you work with us, not only will you get up to 96% cash for your freight bills immediately, you'll also get: credit checks on your customers,
processing of your freight bills, complete collection services, and customized management reports. And you'll receive professional service from a
dedicated account team at a fully staffed business offices.
Plus, you select which freight bills to finance, so you're always in complete control of your cash flow. We find you rates that are competitive and best suited for your unique needs.
You'll rest easier when you factor your freight bills, and the factoring company takes on the risk:
- Grant credit to new customers while we take the credit risk
- Haul more loads and increase your revenue
- Pay suppliers on time
- Make payroll with no problem
- Never worry about getting paid!
Just fill out the online application, and we'll get started on the rest.
Fuel Cards
Most of the factoring companies automatically approve you for their Fuel Card Program. They do not require a letter of credit or security deposit. There are no set up fees, loading fees, or hidden transaction fees. It's simple, whenever you use the card, the account is charged $1.50. There is also a $5.00 wire fee for the transfer of funds to the account. Accepted at over 3,000 locations nationwide, the fuel card offers the utmost in convenience.
Benefits to Freight (Trucking) Factoring
- Same Day Funding (Copies accepted!)
- Fuel Advances (All factored loads are eligible)
- Recourse and Non-Recourse Freight Factoring Programs
- Free Credit Checks
- High Advances & Low Fees
- No Minimum Size Requirements
- Not a loan; No Set-up Fees; No Contract Terms
- Is not determined by the companies credit history, only the accounts receivables
- Does not affect your credit rating, leaving other financing option open if needed.
Until recent times factoring has been looked at as a last resort for business owners. Today with the business financing market with traditional lenders so tight, many business owners are taking advantage of this financing option. With low fees and rates, high percentages of funds in advance, and fast approvals, it is a great option for all types of businesses who have accounts receivables to use factoring.
Let us handle your factoring needs so you can keep your focus on the road ahead.
WHY WAIT? GET A FAST FACTORING QUOTE AND GIVE YOUR TRUCKING BUSINESS THE TRACTION IT NEEDS!
Contact us today to talk about factoring your invoices.