Livestock Hauling Factoring
Freight Factoring for Livestock Carriers and Truckers
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Our freight factoring group understands the cash flow issues that livestock carriers, truckers, trucking, and transportation companies face daily. Invoicing customers on 30- to 90-day terms can sometimes put a strain on cash flow, which is why freight factoring can be the right solution.
Livestock hauling factoring is available to carriers (no sole proprietorship) with well-experienced management and a strong client base, and, in addition to factoring their livestock/cattle loads, we can also factor their general freight (non-livestock loads).
Livestock factoring is subject to certain criteria, for example:
- Minimum funding $100,000
- We treat livestock hauling factoring like any other freight factoring deal
- There might be certain issues when our customer is dealing with produce under the Perishable Agricultural Commodities Act (PACA)
- There could be a problem if the trucker is delivering livestock on a sale that is subject to payment
- Or the trucker is a distributor or middleman and there are concerns such as the farmer getting paid for his livestock
- If our customer is just hauling the livestock like any other load and has other non-livestock loads to factor, there should be no problems
- We also look at personal credit and debtor credit
Please use this short form; we will call you back to discuss in more detail the benefits of our freight factoring services.