Payroll Funding And Financing For Transportation Companies
Payroll Funding and Financing For Trucking Transportation Companies And Freight Brokers
Our payroll funding for trucking and transportation companies and freight brokers is actually a freight factoring product that is tailored to cover payroll. For mid to large sized carriers and brokerages with payroll responsibilities the single most concerning expenditure might very well be payroll, and for those companies that are struggling every week to meet payroll due to lack of cash as a result of unpaid freight bills and invoices, our solution can eliminate payroll concerns moving forward.
Our freight factoring for payroll product is designed to help carries and brokerages meet payroll regularly without the all-or-nothing and overly restrictive contracts of a traditional payroll funding company, it provides peace of mind by taking away the worries of meeting payroll every week.
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
PROGRAM FEATURES
- From $20,000 up to millions (availability as you grow)
- High advances on freight bills
- Non-recourse option available
- Competitive rates (Our objective is to beat the competition)
- Flexible terms
- No more waiting up to 90 days for your customers to pay
- Grow your business by extending credit to your customers
- Fuel cards
- Free load board
- Free credit checks on your customers
- Free invoicing and collections
- Simple to use online account management
- Submit invoices online
- Track invoices, payments and collections
- Designated account manager
- And more