Will Benefit By Using Our Freight Factoring Services
ADVANCES (up to 97%)
We offer the highest advances in the truck factoring industry.
Because we use our own money. The others are
restricted by their banks
Truck Factoring leader;
We have the lowest
factoring rates in
How? Because we use
our own money.
The others are restricted
by their banks.
With over 100 years combined experience in factoring for the trucking industry.Our knowledge and experience enables us to
have a working
understanding of the unique demands
you face each day.
NO ANNUAL TERM FACTORING CONTRACT REQUIRED
Other truck factoring companies require you to sign a restrictive contract that ranges from 6 months to 1 year or longer.
And they require you factor with them during that entire time.
NO MINIMUM DOLLAR AMOUNT FOR EACH INVOICE.
You may factor all of your accounts or you may choose to factor only a few. In other words, you can customize your own account!
24/7 Online account management tools
Our online services let you view your reports and collection activity updated daily.
Startups Are Our Specialty!
Did you just get your authority? Going out on your own after being leased on? If your trucking company is just
getting started, you've come to the right place. We can help you identify quality customers, strengthen your credit with positive cashflow, and have our account managers professionally represent your company
freight factoring company
freight bill factoring
Trucking Factoring Information
is especially appealing to young and rapidly growing companies. Since the
process shortens their business cycle, these businesses can grow faster. The
ability to make more products to sell while waiting for invoices to be paid is
largely eliminated. Such businesses usually net much more profit with factoring
than without, even when the discount is considered.
vs. Bank Loans
why not simply go over to the friendly banker for a loan to alleviate cash flow
problems? A loan can be difficult if not impossible to receive, especially for
a young, high-growth operation, because bankers are not expected to decrease
lending restrictions soon. The relationships between businesses and their
bankers are not as strong or as dependable as they used to be.
impact of a loan is much different than that of the factoring process on a
business. A loan places a debt on your business balance sheet, which costs you
interest. By contrast, factoring puts money in the bank without the creation of
any obligation. Frequently, the factoring discount will be less than the
current loan interest rate.
are largely dependent on the borrower's financial soundness, whereas factoring
is more interested in the soundness of the client's customers and not the client's
business itself. This is a real plus for new businesses without established
are many situations where factoring can help a business meet its cash flow
needs. It provides a continuing source of operating capital without incurring
debt, which can result in growth opportunities that dramatically increase the
bottom line. Virtually any business can benefit from factoring as part of its
overall operating philosophy.
Our customers tell us that our combination
of low rates and exceptional service makes
us the best choice in the trucking industry
for factoring services.
One of the biggest advantages of freight factoring
your accounts receivable is that you are
able to take on more work and
better paying loads.
Have you had to settle for low paying
loads in order to get paid within a
couple of weeks? Factoring allows
you to take better paying accounts
without having to worry about
how fast they pay.
Freight Factoring your freight bills through us
will provide immediate cash flow for
your freight invoices, giving your company
cash for operating expenses.
Once established as a client you
will receive payment within 12-24 hours!
We serve Owner/Operators and small
to medium sized fleets.
With over 100 years combined experience
in factoring for the trucking industry,
we understand that you must pay fuel,
payroll and other expenses on a daily
or weekly basis while waiting 30 to 60
for payment from their customers.
We also provide personalized service; you have one dedicated person and his or her assistant
who handle your account.
Unlike the others, you don't have to start
over each time you call with a new person.
We are seasoned professionals with an average of 11 years industry experience per account executive
(Well above the factoring industry norm!)
We have no minimum dollar
amount for each invoice. You may
factor all of your accounts or you may
choose to factor only a few. In other
words, you can customize your own account!
Fast and Easy Setup. Set up your
account in 3 to 5 working days
-Advances are made via wire or direct
deposit into your bank or fuel account
-Funding within 12-24 hours
-Free & Quick credit checks for
-No minimum invoice fees.
-No Long Term Contracts
-No Check Clearance Days
-Low factoring fees
-High advances 90% to 97%
-You select the accounts to factor
-24/7 Online account management tools
You have access to your account
information around the clock.
Our online services let you view your
reports and collection activity updated daily.
You can even printout an entire
customer list on our online system.
These are just some of the ways we are
committed to helping your
trucking company run smoothly.
With our truck factoring company you
have access to trucking industry credit
experts at your fingertips. We share
our expertise with you at no cost to
minimize your chances of hauling for a poor or uncollectable customer.
We understand timing is everything
when it comes to securing new loads.
You may chose to call, fax or email
our office with a credit request
and you will receive a timely response.
We approve all types of customers
including brokers, shippers, haulers
and manufacturing companies nationwide.
Some Factoring Companies require your customers to be on their approved list. If the customer is not on the list the factor or doesn't have published credit the customer is denied. We will research new customers
by checking both bank & trade references.
Full Truck Factoring administrative support - including credit management, invoicing, collections, account reporting, expense reporting, fuel card management and much more!
Get Your Cash Today
Call our trucking specialists at
or complete the
OnLine Truck Factoring Request Form