|
Why You
Will Benefit By Using Our Trucking Factoring Company Services
HIGHEST CASH
ADVANCES (up to 97%)
We offer the highest advances in the truck factoring company industry.
How?
Because we use our own money. The others are
restricted by their banks
LOWEST TRUCKING
FACTORING RATES
Truck Factoring leader;
We have the lowest
factoring rates in
the industry
How? Because we use
our own money.
The others are restricted
by their banks.
100 YEARS
COMBINED EXPERIENCE
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 TRUCKING FACTORING COMPANY 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.
Startup companies
are welcome.
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."I've been doing business with
you for
close to a year.
I've received professional, courteous service.
Being a transportation company,
a steady cash flow is very important
to stay in business today.
You help keep my business trucking."
-J.P., Owner
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 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.
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!
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
1-866-593-2195 or
or complete the
OnLine Truck Factoring Request Form
truck factoring
truck factoring companies
factoring truck invoice
factoring truck
truck factoring companies
factoring invoice truck
factoring truck invoices
truck drivers factoring companies
factoring fee truck factoring
factoring for trucking company
factoring trucking
factoring trucking company
factoring invoice trucking
factoring service for trucking
company factoring trucking
factoring industry invoice trucking
trucking freight bill factoring
factoring company trucking
factoring companies for trucking companies
charge factoring factoring trucking
factoring accounts receivables cash 60 days terms trucking in
factor consultant trucking factor transportation factoring
factoring trucking financial planning training no credit
trucking factoring companies
factoring trucking companies
trucking companies factoring invoices
invoice factoring trucking
freight factors
freight factor
transportation factoring
truck factor
truck factors
load factoring
|
|
Additional Truck factoring Company Information
Traditionally, trucking factoring companies had access only to factoring programs, a process that involved pledging their accounts receivable as collateral in exchange for cash.
i
Exercising this option also depended on the trucking companies customer creditworthiness.Trucking factoring companies as a source of capital.
Increasingly, trucking factoring companies are now being used as a planning tool to help high-end clients protect their assets and reduce their income tax. This will provide an overview of how one particular type of trucking factoring companies plan can work to benefit you
A trucking factoring companies line should not be permanent capital. Eventually, the borrower should be able to convert the line into two parts: a short-term line that is regularly paid down to zero and a term loan. A term loan, though, requires free cash flow or cash flow to repay it. I have not recently seen any loan approval that uses cash flow as a measure of the trucking factoring companies borrower's
ability to repay a potential term-out on part of the line.
Factoring accounts can
provide alternative source of working capital. Meet obligations on
time.Paying vendors on time helps to establish a solid credit track record and
allows for increased future credit limits from vendors as well as financial
institutions.
Offer credit
terms to customers. Offering credit terms to customers is a common way to
increase sales by making it easier for customers to buy. Having
financial backing to carry accounts receivable is essential if a business wants
to be able to follow through on its commitments.
Reputable truck factoring companies encourage managed growth
by consulting with clients regarding exposures . and other risks when taking on
new credit accounts.
Setting
up a truck factoring accounts relationship is quick and easy compared to other forms
of financing. Applications simply call for basic company
information and a customer list. Years of profitability are not required, which
makes truck factoring an option for startups generating receivables. It is possible
for funding to occur in as little as a couple of days after receipt of the
application and invoices
Setting up a trucking factoring company relationship is quick and easy in
comparison to other forms of financing.
Applications simply call for basic company information and a customer
list. Years of profitability are not
required which makes factoring an option for startups generating
receivables. It is possible that funding
can occur in as little as a couple of days after the receipt of the application
and invoices.
Every trucking factoring company operates slightly different. It is
important
to understand which
programs provide the greatest benefits
and at the least cost. Several criteria should be addressed when searching for a reputable factor. Are there setup fees, maintenance fees or
penalty fees? Is there a long term contract? Are there monthly minimums? Does
the factor provide credit and collection services at no additional charge? What
accounting reports will the factor supply?
What value-added services does it provide?
invoice factoring
freight factoring
account receivable factoring
Most business bankers are a good referral source for
reputable . Bankers
refer to factors because they realize that although the customer may not be
bankable at the time of the referral, in a short time it could be a viable
candidate for conventional financing. As a short term financing solution,
factoring relationships generally run from 6 months to a couple of years.
invoice factoring
freight factoring
account receivable factoring
Businesses choosing to maintain momentum, despite a lack of
conventional trucking financing options, find that factoring not only offers cash but
also a stable foundation on which to build. Companies look to a future of managed
growth and profitable performance that will bridge the gap to qualifying for
bank financing.
More Trucking Factoring Companies Information
|
|
