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Why Freight Factoring is Necessary

"A sale is not a sale until you collect the money"

Are you a part -time banker for your customers?Take a look at
your accounts receivable aging schedule and count the number
of accounts over 30 days.Congratulations, you are extending
credit to those customers. You are not getting paid for delivering
your end of the deal in a timely manner and as a result
you are providing the use of your money to your customer for free.

Not exactly the truck business you thought you were getting into, is it?
Ask yourself this question: If those customers of yours went
to a bank, borrowed the same amount of time,
would they expect to pay a substantial
amount of interest for the privilege?
Of course they would!

Freight factoring and Truck relationships
 invoice factoring
account receivable factoring

(4) cargo, lading, freight, load, loading, payload, shipment, consignment -- (goods carried by a large vehicle)2. (1) freight, freightage -- (transporting goods commercially at rates cheaper than express rates) 3. freight, freightage, freight rate -- (the charge for transporting something by common carrier; "we pay the freight"; "the freight rate is usually cheaper") The verb freight has 2 senses (no senses from tagged texts) 1. freight -- (transport commercially as cargo) 2. freight -- (load with goods for transportation) cargo, lading, freight, load, loading, payload, shipment, consignment -- (goods carried by a large vehicle) => merchandise, ware, product -- (commodities offered for sale; "good business depends on having good merchandise"; "that store offers a variety of products") Sense 2 freight, freightage -- (transporting goods commercially at rates cheaper than express rates) => transportation, shipping, transport -- .
TRUCKING-LIVESTOCK freight factoring

TRUCKING- COMMODITY  freight factoring

Having to wait 30 to 60 days to get paid for your freight bills can be very difficult. If you are working with reputable clients and freight brokers, we can help you get paid quickly, usually in 24 hours. We work with trucking companies and freight brokers in the USA and in Canada.

What can freight bill factoring do for you?

Our freight bill factoring financing program allows you to turn your slow paying freight bills into immediate cash - eliminating the wait. We provide you with the money to make critical payments to drivers and suppliers, while we wait to get paid by your customer. Freight factoring is very easy to qualify for, quick to set up and inexpensive to use.

Tired of waiting for your paychecks to arrive? With freight bill factoring, truckers “sell” their invoices to a freight bill factoring company which pays the trucker immediately, then handles the collection of payments and accepts the credit risk for a nominal portion of the trucker’s pay.

TRUCKING-DISPATCH SERVICE freight factoring

TRUCKING-GRAIN  freight factoring

TRUCKING LOCAL WITH STORAGE freight factoring

TRUCKING-HEAVY HAULING  freight factoring

TRUCKING CONSULTANTS freight factoring

TRUCKING-LIQUID & DRY BULK  freight factoring

TRUCKING MANAGEMENT freight factoring

TRUCKING-LOCAL CARTAGE  freight factoring

TRUCKING OIL FIELD freight factoring

TRUCKING-MOTOR FREIGHT  freight factoring

TRUCKING-CONTAINERIZED freight factoring

FREIGHT TRUCKING-OVER DIMENSIONAL LOAD  freight factoring

TRUCKING-CONTRACT HAULING freight factoring

TRUCKING-REFRIGERATED  freight factoring

TRUCKING-DUMP  freight factoring

TRUCKING-SAND & GRAVEL  freight factoring

TRUCKING-OWNER-OPERATORS freight factoring

TRUCKING-TRANSPORTATION BROKERS  freight factoring

TRANSPORTATION-PASSENGER-TOUR BUS freight factoring

TRANSPORTATION-AIR FREIGHT  freight factoring

TRANSPORTATION-FREIGHT TRAIN LOAD freight factoring

TRANSPORTATION-INTERMODAL DRAYAGE  freight factoring

(the commercial enterprise of moving goods and materials)1) hauling, trucking, truckage -- (the activity of transporting goods by truck) The verb truck has 1 sense (first 1 from tagged texts) 1. (1) truck -- (convey (goods etc.) by truck; "truck fresh vegetables across the mountains") hauling, trucking, truckage -- (the activity of transporting goods by truck) => transportation, shipping, transport -- (the commercial enterprise of moving goods and materials) hauling, trucking, truckage -- (the activity of transporting goods by truck) -> transportation, shipping, transport -- (the commercial enterprise of moving goods and materials) => air transportation, air transport >

Our freight bill factoring customers just submit their freight bills of lading to us and we handle the rest. While many competing freight bill factoring companies hold back a portion of the driver’s pay until they get paid, our freight bill factoring program holds back nothing. It’s a fixed rate percentage and we pay drivers on the day they submit the bill of lading to us. And unlike some other competing freight bill factoring companies, we have no minimum monthly requirements, either. Once we receive the invoice, our freight bill factoring experts load up the driver’s  card with the pay, less our percentage. Our freight bill factoring rates are highly competitive and our drivers know precisely when and how much they will be paid. With us  handling their invoicing and collection processes, our freight bill factoring customers have more time to work on growing their businesses. And isn’t that what it’s all about? .

-- (transportation by air) => navigation -- (ship traffic; "the channel will be open to navigation as soon as the ice melts") => hauling, trucking, truckage -- (the activity of transporting goods by truck) => freight, freightage -- (transporting goods commercially at rates cheaper than express rates) => express, expressage -- (rapid transport of goods) => ferry, ferrying -- (transport by boat or aircraft) hauling, trucking, truckage -- (the activity of transporting goods by truck) => transportation, shipping, transport -- (the commercial enterprise of moving goods and materials) => commercial enterprise, business enterprise, business -- .

(the activity of providing goods and services involving financial and commercial and industrial aspects; "computers are now widely used in business") => commerce, commercialism, mercantilism -- (transactions (sales and purchases) having the objective of supplying commodities (goods and services)) => transaction, dealing, dealings -- (the act of transacting within or between groups (as carrying on commercial activities); "no transactions are possible without him"; "he has always been honest is his dealings with me")

Our Freight Factoring Program includes the
following features at no additional charge:
• 24 hour funding on approved invoices
• Highest advance rates in the factoring company industry
• Credit analysis on new and existing customers
• Continuous collection management and follow up on factored invoices
• Invoice and statement mailing (postage included)
• Account status inquiries anytime; 24/7 online account access.

With our flexible company Security Agreement
our client maintains control:
• Clients select accounts they prefer to factor on an invoice by invoice basis.
• Clients control total factoring costs by only factoring on an "as needed" basis.

Advance Freight Factoring Rates up to 97%:
Advance rates are based on overall risk associated with a
particular industry as well as experience and company track record.
We hold reserve accounts to accommodate industries which typically
experience dilution and that we would otherwise not be able to service.
Advance rates range from 80% to 97% of the gross invoice amount.

Freight BIll Factoring Company Fee Structures:
Factoring fees are determined based on your industry, the credit
worthiness of your customers, how quickly your invoices turn, and
monthly factoring volume. To find out how we might structure
a truck factoring deal for you, please complete our online freight factoring company request form.
To talk with a member of our sales team,
please contact one of our g.htm

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