About Us

Flexible Freight Factoring Solutions

freight factoring for trucking and transportation companies

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Established in 1978, Corporate Finance New York is a BBB-accredited company whose internet brands are 1stTruckingFactoring.com, TruckingFactoring.com and TruckingFactors.com. These brands and websites serve as a freight factoring portal for our sister companies, subsidiaries, affiliates, and partners.

It is essential to work with a freight factoring company that understands carriers' funding requirements and tailors its strategy to satisfy the strict cash flow requirements of modern trucking and transportation businesses.

With our customized non-recourse freight factoring program and strong financial position, you can operate your transportation company with confidence, free from concerns about outstanding invoice collections or cash flow issues.

The result is a formula that differentiates us from the competition, as well as a program tailored specifically for your transportation company, allowing the business to expand on your terms.


ADVANTAGES (4 or more trucks)

  • Advances up to 95% (or higher depending on each specific situation)
  • 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
  • Excellence in customer service


FUEL PROGRAM

  • Universal acceptance at truck stops throughout the U.S. and Canada
  • Fuel discounts
  • No minimum usage requirements
  • Low, simple transaction fees
  • Online card maintenance and account management tools
  • 24/7 customer service

ADVANTAGES (1 to 3 trucks)

  • We create the invoices and send them to your customers
  • We create the schedule of accounts
  • Instant online credit approvals to keep you moving
  • Non-recourse factoring
  • Customizable programs, competitive fees
  • Industry-leading client service
  • Competitive rates (Our objective is to beat our competition)

ADVANTAGES (Freight Brokers)

  • Advances up to 95%
  • Non-recourse factoring
  • View and manage your account online
  • and submit invoices
  • State-of-the-art online account management system
  • Perform unlimited free credit checks 24/7 through ClientNet
  • ClientNet even allows you to quickly and easily generate professional invoices with just a few clicks
  • Excellence in customer service

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