Factoring for Transportation
Can't wait up to 60 days to get paid for your freight bills? If you own a trucking company or freight brokerage, we can help you. We can finance your freight bills though and provide you with cash within 24 hours, so you don't have to wait to get paid. We are transportation factoring specialists and work in the USA and Canada.
Factoring your freight bills allows you to get paid quickly, providing you with needed working capital for your business.
Freight factoring provides you with predictable cash flow and eliminates the uncertainty of waiting to get paid by your customers or brokers. As opposed to other types of financing, freight factoring is easy to obtain and can be set up in a few days.
Transportation & Freight Factoring
- You deliver the freight load to your customer
- You send the freight bill to the customer and submit a copy to us
- We advance you funds - usually the same day
- You get to use the funds as you wish. We wait to get paid by the customer
- Once your client pays us, the transactions is settled