Best Factoring Companies For Trucking
Best Freight Factoring Companies For Trucking and Transportation Companies. There are many good and reliable factoring companies for trucking, each providing their own specific program to help the individual funding needs of their client. However, these programs sometimes may not be a fit for all clients, for example, many trucking factors are limited on the amount of funding they can offer, some may have a limit of $2 million and others up to $5 million, what happens when the client's funding requirements changes as it grows? Unless their existing factor can make an exception and fund beyond their limits, the client will be forced to look for another factoring company that can provide the required funding to meet their growth.
Our freight factoring product can grow up to $35 million, here are some of the other advantages:
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
CHECKOUT THESE OTHER FREIGHT FACTORING ADVANTAGES:
- High advances on invoices / freight bills
- Competitive rates
- Flexible terms
- No more waiting up to 90 days for your customers to pay
- Grow your business by extending credit to your customers
- Simple application to funding process
- Deal directly with decision makers
- Non-recourse freight factoring (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