Are you looking to accelerate cash flow, check credit on your customers, save on fuel, and get insurance recommendations?
We are your solution.
Drive with peace of mind, knowing your cashflow is taken care of.
a prominent study from the financial services company U.S. Bank found:
FREE application & setup
FREE credit checks on brokers and shippers
Selective factoring
FREE fuel card with discounts on fuel nationwide
24/7 access to your client portal
NO termination fees
NO monthly minimum needed to factor
Professional collections on factored invoices
Low, competitive rates with same-day and next-day funding
How can Invoice Factoring serve as commercial financing for the Transportation Industry?
As discussed in What is Factoring, the options for bank financing based on a small business or owner operated business may be extremely restrictive in the current economic climate. Working capital financing is notoriously difficult to attract within the transportation industry.
Added to the restrictions for financing is the fact that the Transportation Industry depends on a number of “get paid when paid” steps throughout the shipping process. The chain of one person or company having to be paid before the next service provider or company can be paid can extend payment deadlines and negatively impact cash flow and working capital.
Factoring as commercial financing can be the difference between having liquid, available cash flow to sustain and grow business, or being restricted and choked by a slow return of profits. It is difficult to pay for fuel at the pump while waiting for payment on a load hauled weeks ago. Unlocking your largest asset, your accounts receivable, is the key to unlocking the potential of your business.