Benefits Of Freight Factoring

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Benefits of trucking factoring. The benefits of trucking factoring also known as freight factoring are many, mainly, it gives truckers immediate access to their cash right after delivering the load, no more waiting 30 to 90 days to get paid by customers.  Here are some of the advantages of our trucking factoring/freight factoring product:

SIMPLE PROCESS

  • Complete the simple application process (via email)
  • Get approved (agreement is then signed)
  • You submit invoices (invoices are verified)
  • Funds are deposited into your bank account

OTHER ADVANTAGES

  • Up to 97% advances for carriers
  • Simple application to funding process
  • Deal directly with decision makers
  • Non-recourse (option available)
  • Fuel Card for added convenience and savings at the pump
  • Free load board to help you have full loads on each trip
  • Manage your account online
  • Submit invoices online
  • Track payments and collections
  • Perform free credit checks on your customers 24/7
  • And more

TYPE OF CARRIERS WE WORK WITH

  • Trucking (from startups, small, midsized and large carriers)
  • Transportation companies (most carriers)
  • Over-the-road trucking and transportation
  • Air freight carriers
  • Ocean-sea container freight
  • Rail freight transport
  • Reefers
  • Others

We are confident that after you speak with a representative of our affiliate office, you will agree that our factoring product will be the right fit for your company.

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