Transportation Factoring
Freight Factoring for Transportation Companies
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Freight factoring, also known as transportation factoring, is a funding option for transportation companies that typically invoice their customers on credit terms.
This can lead to unpaid invoices with terms extending up to 90 days, potentially harming cash flow—a situation that freight factoring can help eliminate.
Our transportation factoring is non-recourse, which means that the risk of nonpayments is assumed by the factoring company instead of the client. Furthermore, we offer advances of up to 98%, which enhances the funding potential for carriers.
PROGRAM FEATURES
- Easy signup process
- Up to 98% advances
- Funding transportation companies of all sizes, from owner-operators to large fleets
- Funding startup carriers
- Simple, low pricing, and flexible terms
- Non-recourse factoring
- No setup charges or hidden fees
- No more waiting up to 90 days for your customers to pay
- Grow your business by extending credit to your customers
- Simple to use online account management
- Designated account manager
- Set up today, get funded today (or the next business day if it’s at night or on a weekend)
- And more!
We service transportation companies of all types, including:
- Owner-operators to large fleets
- Air transport
- Container freight
- Freight brokers
- Freight forwarders
- Ground Transportation
- Intermodal drayage
- Logistics
- Oil, gas, and energy Freight
- Over-the-road transportation
- Rail-train transportation
- Refrigerated (reefer loads) transport
- Sea transport
- Startups
- Others