ArticleHow satisfied are you with your existing freight factoring company?
By staff writer
There are many options available to trucking companies, options that you may not know are being offered by your current trucking factor. So if you are unhappy with your existing factoring company, before putting too much time and efforts in searching for a new factor, just give your trucking factor a call and tell them what you want, they could be offering options that you may not be aware they have and all it would take is just a quick phone call. Below are a few options many trucking factoring companies are offering:
Advances on receivables as high as 95%
Fuel advances (competitive program)
Funding without original invoices
Spot factoring for those clients that only would like to factor certain invoices
Non-recourse freight factoring
There may be certain conditions and restrictions but your factor does not want to lose your business so most will work with their client and will consider amending their agreement to meet reasonable requests from their client.
Minimum: $5,000 (No minimums option)
Maximum: $15 Million (availability as you grow)
Advances: On average 92% (As high as 95% on a case by case basis)
Rates: Competitive (Our objective is to beat our competition)
Funding Off Copies
START THE SIMPLE FREIGHT FACTORING PROCESS