truck factoring

 

 






 

























































































































Our customers tell us that our combination
of low rates and exceptional service makes
us the best choice in the trucking industry
for factoring services.


With over 100 years combined experience
in factoring for the trucking industry,
we understand that you must pay fuel,
payroll and other expenses on a daily
or weekly basis while waiting 30 to 60
for payment from their customers.
Given the ever increasing operating costs,
many truckers find themselves without
enough cash to fund growth opportunities.

 

Factoring your freight bills through us 
will provide immediate cash flow
for
your freight invoices, giving your company
cash for operating expenses.
Once established as a client you
will receive payment within 12-24 hours! 
We serve Owner/Operators and small
to medium sized fleets. 

        

One of the biggest advantages of factoring
your accounts receivable is that you are
able to take on more work and
better paying loads. 
Have you had to settle for low paying
loads in order to get paid within a
couple of weeks? 
Factoring allows
you to take better paying accounts
without having to worry about
how fast they pay.

    

We have  no minimum dollar
amount for each invoice. 
You may
factor all of your accounts or you may
choose to factor only a few.  In other
words, you can customize your own account!
 

What Sets

Us Apart
From The Others


LOWEST TRUCK FACTORING RATES
Truck Factoring leader; We have the lowest factoring
rates in the industry
 
How?
Because we use
our own  money.
The others are restricted by their banks.

HIGHEST CASH ADVANCES (up to 97%)
We offer the highest advances in the truck factoring industry. 
How?

Because we use our own money. The others are restricted by their banks

100 YEARS
COMBINED EXPERIENCE

With over 100 years combined experience in factoring for the trucking industry.Our knowledge and experience
enables us to have a working understanding of the unique demands you face each day.


NO MINIMUM DOLLAR AMOUNT FOR EACH INVOICE.
You may factor all of your accounts or you may choose to factor only a few.  In other words, you can customize your own account!

NO ANNUAL TERM FACTORING CONTRACT REQUIRED
Other truck factoring companies require you to sign a restrictive contract that ranges from 6 months to 1 year or longer.
And they require you factor
with them during that entire time.

Get Your Cash Today

To talk with a member of our sales team,
please contact one of our regional offices at:

Toll Free:  888-266-0197
r

or complete the

On-Line Factoring
Request Form



More Truck Factoring Benefits


Tired of waiting for your paychecks to arrive? With freight bill factoring, truckers ďsellĒ 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 truckerís pay. Working with the freight bill factoring experts has significant benefits;
we pay our truckers quickly and free them from worry about when and whether their customer will pay.
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 driverís pay until they get paid,
our freight bill factoring program holds back nothing. Itís a fixed rate percentage and we pay drivers on
the day they submit the bill of lading to us.

The lowest Truck Factoring rates and the highest cash advance rates in the country.
We are proud of that distinction. One of the main reasons we have good rates is that we spend the
time to customize a Truck Factoring deal that is right for you. You will get the cash you need
to provide the excellent service your customers have come to expect from you.

Truck Factoring

We know trucking. We understand the difficulty of finding good paying freight.
We know what itís like to wait to be paid. Our Freight Factoring service is designed to
take the pain out of running a Trucking Fleet. We know who has good freight.
We know which Freight Brokers are paying on time.
We can help you find those good loads and build your business.

 

Truck Freight factoring-
Provides Alternative Source of Working Capital

Why Truck 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!

Whether you are a machinist operating out of a garage
or a staffing company placing hundreds of workers in the largest firms,
you undoubtedly face cash flow dilemmas from time to time.
 
 
The uncomfortable ritual of making incoming cash receipts stretch
to cover short term obligations frustrates even the most seasoned business managers.

 

In recent years, an increasing number of truck freight businesses have discovered
that factoring freight account receivables can combat the ups and downs of
unpredictable cash flow cycles.
  More importantly, truck factors are providing
the small business community with a viable source of working capital
when conventional financing is not always an option.

 

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Interesting Trucking to Freight to Cargo Word Relationships


(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 >

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 --

-- (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")

(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)