Factoring Freight Bills
Freight Bill Factoring for Trucking and Transportation Companies
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Factoring freight bills is our specialty, particularly for trucking and transportation companies that extend credit terms to their customers for 30 to 90 days.
Facing Cash Flow Shortages?
Carriers who invoice on credit terms may occasionally face cash flow shortages due to outstanding invoices. This is why establishing a freight factoring facility is essential.
Ensure Steady Cash Flow
Partnering with the right factoring company can help resolve the challenges linked to unpaid invoices while ensuring a steady cash flow.
This partnership not only alleviates financial stress but also allows carriers to focus on growth and development. By leveraging the services of a reliable trucking factoring company, you can streamline operations and enhance overall efficiency.
Non-Recourse and Advances of Up to 98%
The freight factoring product is non-recourse factoring, meaning that if your customer fails to pay any of the invoices we are factoring, we assume the risk. You can also receive an advance of up to 98% on your invoices.
Additionally, you will benefit from complimentary invoicing and collections services, access to credit reports for monitoring your customers' credit status, and various other advantages.
More Information
For more information about freight bill factoring for your trucking company, please use this short form; we will call you back shortly.