Factoring for Truckers and Owner-Operators
Non-Recourse Freight Factoring | High Advances | Fuel Program
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Freight Factoring for Strong Cash Flow
Truckers and owner-operators often bill their customers for 30 to 90 days to stay competitive. However, the delay in receiving payments can lead to cash flow issues, which is why trucking companies rely on freight factoring to maintain a strong cash flow.
Factoring allows trucking companies to receive immediate cash by selling their invoices to a factoring company, and by doing so, they can cover operational expenses, invest in equipment, and ensure timely payment to their drivers.
Advantages
Our freight factoring product offers numerous advantages, including a non-recourse option, which means the factoring company assumes the risk of non-payment.
We provide advances of up to 95%-98% to maximize your funding potential.
Additionally, our fuel program offers guaranteed acceptance and provides fuel discounts at the pump across the US and Canada.
No more waiting for your customers to pay.
Plus many more account features and benefits.
More Information
For more information about the benefits of freight factoring for truckers and owner-operators looking to maintain a strong cash flow, please fill out this short form. A representative from our freight factoring team will get in touch with you shortly.