Trucking Factoring Company




Truckers Choose Us
Again and Again

We have been providing trucking 
factoring services
nationwide for decades
and have clients in hundreds of industries.
We understand that to be successful
in Trucking, you need cash.


Cash for
 payroll,  overhead expenses,
taxes or simply relieve the financial burden
experienced during rapid growth periods


As a client you are assigned one
account administrator who will personally
handle all of your account activity
and inquiries.
This gives us the ability to buy
your receivables and get the
money to you within 12 to 24 hours.

Having one person look after
your account also makes it easy
for you to decide which invoices
you are going to sell and when
you want to sell those invoices.


More Reasons Why
Trucking Companies

Choose Our Factoring Services

circle03_skyblue.gif Same Day Funding

circle03_skyblue.gif Advance Rates that Exceed
  Industry Norms by 20%

   We offer cash advance rates up to 97%
   The typical maximum in the industry
   is 80%.
   We can offer you higher advances because
   of our unique financing capabilities


circle03_skyblue.gif Flexible Contracts-
   We provide you with contracts
   that meet your cash flow needs,not ours.
   

   Unlike the others, we do not make
   you sign long-term contracts and we don't
   charge you fees when you are inactive.

circle03_skyblue.gif Invoice Processing
   Not only can we offer you the most
   advanced technolgy but we also maintain
   the old-fashioned systems because
   every client has different needs.

   Unlike the Others, our objective here
   is not to force you to conform to us,
   but to get you the cash you need
   in the quickest and most
   efficient manner.

circle03_skyblue.gif Credit Management Services
  at No Extra Cost
   We provide credit analysis on both
   new and existing accounts. 
   We actually pull credit reports
   from various reporting services that
   we contract with and report back
   to you as to whether or not
   they are creditworthy

circle03_skyblue.gif Experienced Account Managers
   
We are seasoned professionals with
   an average of 11years industry
   experience per
account executive.   
   (Well above the factoring industry
   norm of 2 years)

circle03_skyblue.gif Personalized Service
   You have one dedicated person and his
   or her assistant who handle your account.
 
   Unlike the others, with us you don't
   have to start over each time you call 
   with a new person

circle03_skyblue.gif Please contact us today
   and our seasoned factoring
   specialists will help you
   get the cash you need TODAY

1-800-986-1854

Email Us

or complete the
On-Line Factoring Request Form

 

 




Here’s a step-by-step example of the process of working with a trucking factoring company:

• You complete an application, submitting essential information about your company and accounts receivables.
• The trucking factoring company does its due diligence and prepares all the necessary legal paperwork.
Typically this process takes five to ten days, and some factors may charge an application fee.

• Once you begin working with the trucking factoring company, you’ll prepare your customer invoices and forward them to the company for an immediate cash advance.


• The trucking factoring company will bill the customer and follow up to ensure receipt of payment, handling all the accounting, invoicing and other payment processing responsibilities. (The company likely will verify that you actually completed the work or delivered the products.)

You also should inquire about how the trucking factoring company handles unpaid invoices. Some trucking factoring companies will assume all the risk and not require you to repay them if the invoice isn’t paid within a set period of time. Other trucking factoring companies will require you to repay funds advanced for any unpaid client invoice—plus the factoring charges. And still some trucking factoring companies will allow you to replace the invoices of non-paying clients with invoices from paying customers.
 

You also should inquire about how the trucking factoring company handles unpaid invoices. Some trucking factoring companies will assume all the risk and not require you to repay them if the invoice isn’t paid within a set period of time. Other factoring companies will require you to repay funds advanced for any unpaid client invoice—plus the trucking factoring company charges. And still some factoring companies will allow you to replace the invoices of non-paying clients with invoices from paying customers.

After you deliver your product/service and generate an approved invoice, the trucking factoring company can provide your money in as little as 24 hrs. In essence, working with a trucking factoring company can help speed up your cash flow. The influx of cash can better enable you to meet your financial obligations. For example, you can use the money to increase your working capital, pay bills or taxes, pay up front for equipment or supplies, and even take advantage of early payment discounts offered to you by your vendors.
Freight factoring
account receivable factoring
Invoice factoring