Transportation Factoring Companies Provide Fast and Consistent Funding

Get started with transportation factoring today and grow your business! Call 1-855-FACTOR-1.

 Accounts Receivable Financing

Most factoring companies offer an accounts receivable financing service. EZ Invoice Factoring offers this fast and flexible funding as well. The process is simple. We:

• Evaluate your accounts receivable.
• Run a quick credit history on your customers.
• Advance funds against the value of your invoices.

Transportation factoring companies usually require a minimum value of $10,000, but EZ Invoice Factoring does not impose minimum or maximum funding amounts. Our rates are as low as 0.59 percent!

 Asset-Based Lending

Transportation factoring companies also offer asset-based lending. This service helps you:

• Maximize your borrowing capacity
• Use accounts receivable and inventory as collateral
• Cut through the red tape that banks require

Transportation factoring companies allow truckers to borrow at much higher rates than banks. In the case where our clients already have a bank line of credit, we make an inter-creditor agreement with the bank in which EZ Invoice Factoring becomes the owner of the receivables.

 Purchase Order Financing

 Purchase order financing is another type of funding offered by transportation factoring companies. Purchase order financing helps transportation factoring companies with established credit meet their financing goals. Trucking operations capitalize on this method to finance the purchase of specific equipment or inventory.

EZ Invoice Factoring extends financing for work and progress and Letters of Credit. We allow trucking operations to use purchase order financing in conjunction with accounts receivable financing to establish the best overall business solution.

Our funding specialists are available during business hours to advise our transportation clients on the best financing option for them.