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Flexible freight factoring for not only the larger carriers but also small and midsized trucking and transportation companies and freight brokers, including startups in the United States and Canada.
When you offer credit to your customers of 30 to 90 days you are restricting your cash flow, that is why freight factoring is a necessary funding tool for carriers and transportation companies in general.
Our freight factoring can solve your cash flow concerns fairly quick, and as important, our funding is a non-recourse freight factoring product that puts the risk for non-payment by your customers on the factor, not you, which is a great advantage that can protect your company from bad debts.
PROGRAM FEATURES INCLUDE
- Advances on freight bills up to 97%
- Competitive factoring rates
- Non-recourse freight factoring (Up to $5 million)
- Factoring facilities from $10,000 to $35 million
- Fuel Card for added convenience and savings at the pump
- Free load board to help you have full loads on each trip
- Online account management, submit invoices and perform credit checks for free on your customers 24/7
- Simple application to funding process
- Competitive rates and terms
- And more
We can factor your company starting at $10,000.00 and for those clients who need higher factoring advances, we offer up to $35 million a month or more with rates that are one of the lowest in the industry and high advances on freight bills.
1stTrucking and its affiliates strive to beat our competitors by earning your business with not only our low rates and high advances on your freight bills but also excellence in customer service and an application and funding process that is simple and straightforward. Click to start the simple funding process
START THE SIMPLE FREIGHT FACTORING PROCESS