Transportation financing is a viable option for trucking companies looking to grow their business without the difficulty that comes with other financing methods, or those who can’t get approved for such methods. It works by purchasing the company’s unpaid invoices, then issuing the company a percentage of the money as the customer pays to a factor. It’s a no-strings-attached process that allows firms to apply their money where they need it most.
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Problems you may have encountered.
The program that EZ Invoice Factoring engages in is one that’s fast, easy and requires just minimal paperwork. We understand that different situations can arise that prevent your firm from growing as it should. These can range from:
- Unstable conditions in the economic environment,
- Changes in fuel prices,
- Technological innovation
- Attempting to pursue newer goals
- Insolvent customers.
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Fill out the form below and one of our factoring experts will help you on your way!
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How it helps.
Whatever the issues is, transport financing can get a trucking business its money back. You no longer need to fret about your outstanding invoices because a factor will purchase them from you. If the trucking company is expanding its target market and is in need of more trucks and equipment, it will give you the money necessary to do so! And if your firm is wondering if transportation financing will affect its credit standing in the future, it won’t! Your balance sheet won’t reflect an extra liability because we consider your customer’s credit instead. Transportation financing is a solution that puts cash back into your hands when you can’t seem to find it. So begin factoring today!