We have freight factoring solutions for trucking companies of all sizes.
Hard to close freight deals? We can fund them today!
Trucking is not an easy job. After all the long hours on the road and the many miles driven, the one thing truck drivers should be able to count on is being paid on time. Unfortunately, the current system often causes trucking companies to wait 30+ days to be paid for delivered freight. This means cash shortages for necessary expenses like payroll and fuel.
Always cover payroll on time by contacting EZ Invoice Factoring at 1-855-EZ-FACTOR
Freight Factoring Solutions
Fortunately, there is a solution for trucking companies stuck waiting for cash tied up in unpaid freight bills. Trucking and freight factoring, the sale of unpaid freight invoices for immediate funds, is a way to release the money early so it can be used for vital expenses or company growth.
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The Process of Factoring Freight Invoices
Freight factoring is a simple process where trucking companies convert unpaid receivables to cash. The freight factoring process works like this:
• Trucker completes a delivery of freight
• Immediately after, sends copies of the invoices and valid bills of lading to their factor
• Company receives cash quickly following the verification of the documentation
Bad credit? No credit? No problem! Approval for freight factoring is based on the credit worthiness of your customer or client, not you.
Top Five Reasons for Factoring Freight
There are numerous reasons to begin factoring freight, but here are the top five:
- Cash on hand to cover expenses and grow business
- Virtually unlimited credit line that grows with your sales
- Factor only the invoices you need
- Fastest way to get cash from freight bills
- Fuel advance programs and fuel card programs make life easier for drivers
- Get funding within 24 hours
Start Factoring Freight Today!
What are you waiting for? Contact us today and we will match your company with the best freight factor for your needs.
Get a free invoice factoring quote online now!
Learn more about factoring freight invoices:
Freight Factoring Services for Bad Credit