Factoring for Startup Freight Brokers
Freight Factoring Solutions for Brokerage Startups
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Factoring services for startup freight brokers who hold their MC or DOT authority and have an established client base, along with customers to factor.
By factoring their commercial invoices, startups can improve operational efficiency and boost their competitiveness in the freight broker industry, all while guaranteeing timely payments to their carriers.
This financial strategy not only alleviates the stress of cash flow management but also enables brokers to seize new opportunities and expand their service offerings.
As they grow, these freight broker startups can invest in technology and resources that enhance their operations and customer service, further solidifying their position in the market.
SIMPLE PROCESS
- Simple application process (online)
- Get approved (agreement is then signed)
- You submit invoices (invoices are verified)
- Funds are deposited into your bank account
PROGRAM FEATURES
- High advances on freight bills
- Non-recourse option available
- Competitive rates (Our objective is to beat the competition)
- Flexible terms
- No more waiting up to 90 days for your customers to pay
- Grow your business by extending credit to your customers
- Free credit checks on your customers
- Free invoicing and collections
- Simple to use online account management
- Submit invoices online
- Track invoices, payments, and collections
- Designated account manager
- And more