Fuel advances offer truckers the fast cash they need to take on more lucrative loads. Truckers know to prepare for the unexpected. When hauling loads, financial roadblocks can occur at any time. Fuel advances are a huge advantage for trucking companies, owner-operators and freight brokers who partner with a freight factoring company. Receive a cash advance up to 50% upon load pick-up.
Perks of Freight Factoring Fuel Advances
- Freedom to accept better paying loads and compete against the big guys
- Offer extended payment terms for clients
- Cash to cover unexpected costs and repairs
- Same day funding on copies
How Fuel Advances Work:
- Once a load is picked up, the truck driver sends signed proof that the load was received (bill of lading) to the freight factor.
- The freight factoring company verifies the load amount with the shipper or freight broker.
- Upon approval, the freight factor advances a portion of the load amount to the trucking company, along with a copy of the shipper’s rate confirmation.
Freight factoring fuel advance programs help ensure prompt delivery of shipments. Happy customers mean more business. In order to streamline the delivery process and obtain more lucrative hauls, trucking companies must take control of their financial situation. Whether your trucking company is struggling with repairs, fuel costs or just looking for a reliable cash flow source to help transport goods across the country, freight factoring companies can help.
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Factoring Fuel Advances Bridge the Cash Flow Gap
Accelerating cash flow is crucial to a company’s success in the transportation industry. Many times, trucking companies may find themselves fighting with their cash flow as they wait to receive payments from customers. By partnering with freight factoring companies, trucking companies no longer have to wait to receive cash between the time when goods are delivered and payments are issued toward invoices.
Fuel Cards for Truckers = Big Discounts at the Pump
In addition to freight fuel advances, fuel cards are available. Fuel cards offer fuel discounts at all major truck stops throughout the US and Canada. Fuel cards are just another benefit of working with a freight factoring company. Trucking companies of all sizes – from 1 truck to 100+ trucks – are eligible to receive fuel cards.
Call 216.714.1735 to Start Factoring Your Loads!
Freight factoring fuel advance programs provide trucking companies with immediate working capital, which can be used to take on higher paying loads. Best of all, truckers can easily handle any delays encountered while out on the road. Freight factoring fuel advances ensure that drivers always have enough cash for fuel.
