Factoring Freight Bills
Freight Bill Factoring for Trucking and Transportation Companies
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Factoring freight bills for trucking and transportation companies is our specialty. Carriers who bill their customers on credit terms of 30 to 90 days may sometimes experience a cash flow shortage due to those unpaid invoices, which is why having a freight factoring facility in place is so important.
Working with the right factoring company can help eliminate the challenges associated with unpaid invoices and maintain a positive cash flow.
Your funding partner has the financial strength and can offer non-recourse factoring, so if the customer we factor for doesn't pay, the factor takes the risk, and you can get up to a 98% advance on your invoices, depending on the deal's merits.
Furthermore, you can enjoy complimentary invoicing and collections, credit reports for your customers to monitor their credit status, and numerous other advantages.
For more information about freight bill factoring for your trucking company, please use this short form; we will call you back shortly.