Freight Factoring
Factoring for Trucking Companies
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Non-Recourse Freight Factoring for Trucking Companies
Trucking companies, who struggle with cash flow due to granting credit terms to their customers of up to 90 days, can benefit from freight factoring. We designed our freight factoring product for trucking companies to help eliminate these types of cash flow problems.
ADVANTAGES
- Advances up to 98% or higher (depending on the transaction's merits)
- Non-recourse factoring (We assume the credit risk)
- Flexible terms / Competitive rates (Our objective is to beat our competition)
- Programs customized to your needs
- You choose which invoices to factor
- 24/7 free online credit checks
- Online reporting
- Invoice generator
- Invoices are submitted electronically (little or no extra paperwork)
- Fuel Card
- Fuel Advances
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Excellence in customer service
FUEL PROGRAM
- Universal acceptance at more than 6,400 truck stops in the U.S. and Canada
- Fuel discounts in over 1,900 locations
- No minimum usage requirements
- Low, simple transaction fees
- Online card maintenance and account management tools
- 24/7 customer service