Truckers Struggling With Cash Flow
Freight Factoring for Improved Cash Flow
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Is your trucking company constantly struggling with cash flow or chasing down payments on open invoices? If so, then you should consider freight factoring.
Freight factoring can be the perfect financial tool to eliminate cash flow hassles quickly, and since our factoring product is "non-recourse," it can also help you eliminate risk should any of the customers we are factoring for you fail to pay the invoice. And with freight factoring, you are not creating debt.
Our freight factoring product offers flexibility, and it can also help alleviate your back-office billing and collection work. How? Our factoring product includes complimentary invoicing and collection services, essentially serving as an extension of your back-office operations.
This service can free up your valuable time, allowing you to concentrate on other aspects of your business, such as sales and growth.
Factoring can also help you secure more customers, especially those who were asking for credit but were hesitant because you could not wait 30 to 90 days for payments. But now, with factoring, you can offer credit and receive advances on those invoices within a day or two after invoicing the customer.
To discuss all of the advantages of freight factoring, please contact us using this short form, the office that handles your local area will get back to you shortly.