Tag Archives for Truck Factoring

Truck factoring enables continued growth of your business without having to worry about the inevitable cash crunch that comes with robust sales. Truck factoring is a simple concept whereby receivables or invoices are sold for immediate cash. The process is simple and normally requires verification of the invoice before funding can take place. With factoring, you also get the benefit of the factors culling out the bad customers as well as their professional cash collection skills. The funding advance can be up to 90% of an invoices value. The factoring advance to your business is normally funded within 48 hours. Freight factoring rates are determined by a combination of your customer base creditworthiness, average payment cycle, invoice size and factoring volume.

Heavy Duty Tractor & Trailers Factoring

Tractor and trailer factoring in California

Truck factoring is a great option for business owners looking to ensure continued company growth. If you’ve had trouble with having enough working capital or getting employees paid on time, then you should definitely look into heavy duty tractor and trailers factoring. Read on to learn how truck factoring can help your business grow. Get Started With Factoring Benefits of Heavy Duty Tractor and Trailers Factoring A tractor trailer is a transport vehicle consisting of a semi-tractor and attached trailer, Read More


How to Choose a Truck Factoring Company

Truck Factoring, Freight Factoring

Truck factoring – is it right for you? You’ve been on the road for hours. You’ve just delivered your load when your customer said, once again, that they can’t pay you yet. You wanted to ask why but knew it wasn’t worth pressing. They never pay on time and probably never will. So, with your stomach grumbling and your feet too tired to move, you make the trek home and hope you get paid soon. “There has got to be a Read More


What is Freight Factoring?

Commercial Truck Financing

What is Freight Factoring? Freight factoring ensures your company has the proper capital to cover overhead costs, pay employees, and materials needed for your business. Imagine this for a moment. You’ve been on the road for hours. Your belly, tank and wallet are all running on E. Then, after safely delivering your load on time you hear the words no one wants to: “Sorry, I can’t pay you for another 45 days.” Your heart sinks. “Another late payment?” you think to yourself. Read More


Freight Factoring vs Trucking Factoring

trucking factoring

Can Factoring for Truckers Help You? Have you thought about using trucking factoring as a way to boost your cash flow? Waiting for payment when you have already delivered the load can be a tedious situation in which to be. As a trucker, you are out there on the road. Sometimes you’re there for weeks on end. You have bills to pay and other needs that could certainly benefit from a quick cash boost. Whether you need a fill up Read More