Why Wait? Get Cash by Factoring Freight Bills Today!
Tired of waiting for your freight bills to be paid? Need money for fuel? Consider freight factoring.
Factoring turns your freight bills into same day cash. Our transportation factoring services can help you obtain the necessary cash for fuel, insurance, repairs, equipment, and all your on-the-road expenses today. With the most competitive factoring rates and no monthly minimums, Factor Finders is a leading factoring service provider to trucking companies of all sizes.
Owner-operators shouldn’t have to bypass high paying loads due to lack of cash flow. With factoring, you can haul every load with confidence. If you run a large fleet of trucks or a single truck, we’ve got your cash flow needs covered. You can rely on Factor Finders to help you obtain the capital you need with our freight factoring services. Freight broker factoring is also available.
It’s your money, we just help you get it faster.
How Does Freight Factoring Work?
For truckers, the factoring process is pretty simple.
1. To apply for transportation factoring, you’ll need to complete an application and submit the following documentation:
- Operating authority
- Proof of insurance
- Aging report
- Current customer list
- Articles of Incorporation
2. Once you’ve been approved, submit copies of the freight bills you wish to factor
3. Receive cash within 24 hours
Get a Fast Quote
Rates from 1%. Easy approval.
Grow Your Trucking Company with Freight Factoring
Flexible Trucking Factoring Services
When choosing a transportation factoring company – flexibility is key. Whether you want non-recourse freight factoring, the freedom to choose which clients to factor, or no monthly volume requirements – you can have it all. Factor freight bills when you want and for however long you want. No long term contracts are required.
- Recourse & Non-Recourse Programs
- Month-to-Month Contract Terms
- No Minimum Volume Requirements
- No Set-up Fees
- No Hidden Fees
- Same Day Funding
- Flat Rate Structure
- Choose Which Customers to Factor
Get Paid Faster
Steady cash flow provides the funds necessary to haul more lucrative loads. You won’t have to worry about whether or not you’ll have the cash for fuel and other expenses. Factoring freight bills works for all types of transportation businesses.
Dump Truck Services
Hot Shot Trucking
OTR & Local Carriers
Intermodal & Containerized Freight
Fuel advances up to 50% are available for trucking companies. Factoring companies will provide between 40% – 50% of the freight bill amount upon pick up of the load.
By factoring freight, you’ll be eligible to enroll in a free fuel card program. Fuel cards offer big discounts on fuel at all major truck stops in the U.S. and Canada.
Why Factor Freight?
If you own a trucking business and are tired of waiting for customers and brokers to pay, you’re an excellent candidate for factoring. Even if you’re currently working with a trucking factoring company, contact us to see if we can find you a better deal.
- Bad credit is OK because transportation factoring approval relies on your customers’ credit worthiness
- No need to worry about cash flow patterns slowing you down
- Initial funding does not dictate your credit line
- Amount of available cash is unlimited and grows with your business
- Cash is available on the same day
- Fuel advances & fuel card programs are available for trucking companies & freight brokers
Interested in fuel advances? Learn how you can get a cash advance for fuel when factoring loads.
Save money at the pump with fuel card programs.
It's Your Cash--We Just Help You Get it Faster
Call us today! 855-322-8671
Find a Factoring Program That Works for YOU
We work with a nationwide network of freight factoring companies with extensive experience in the trucking industry. We pride ourselves in getting to know your business in order to match you with the best freight factor for your needs. If you’re looking for the lowest fees and the most competitive funding programs, then you’ve come to the right place. Contact us today to customize a freight factoring program that works on your terms. Tell us what you’re looking for & we’ll do our best to fit you with the perfect transportation factoring service for your trucking company.
Transport your business to the next level by factoring freight. Even if you’re currently factoring your freight invoices, let us get you a better deal!