Freight Factoring Companies
If you need a swift solution to your cash conundrum, freight factoring with Factor Finders is the ticket to your success! Our network of freight factoring companies will keep you funded and on the road through whatever lies ahead.
Choose from the best freight factoring companies – apply today!
Freight Factoring Companies Keep Truckers Hauling
Instead of sacrificing time, money, and energy by waiting for slow-paying shippers or risking your credit with a business loan, you can choose one of our top-rated freight factoring companies to turn your freight bills into immediate cash. Freight factoring is a debt-free option that provides you the working capital you need to make payroll, refuel your units, and pick up new loads to grow your company.
To factor your freight bills, all you need to do is send them to the freight factoring company once you have completed delivery. The factor will verify the bill and advance you up to 95% of the face value within 24 hours, and will work directly with your customers to collect while you continue running loads. Once the freight bill is paid, you will receive a rebate of any remaining invoice amount minus a small factoring fee.
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Secure the funds you need today. Complete the form or call.
Why Choose Freight Factoring Companies?
Selling accounts receivable to a factor is a funding technique that works faster than traditional methods without the extra expenses or hassles that others carry. All of these are just some of the great advantages that are associated with our accounts receivable services. Contacting us for more information can be the first step to getting your firm back on its feet in no time.
There are a number of great reasons to choose freight factoring companies over other lenders.
FUNDING LIMITS? THE LIMIT DOES NOT EXIST!
Unlike a business loan, freight factoring credit lines are determined by your sales. Your access to working capital will increase in proportion to the increase in your sales – so you are rightly rewarded for doing more business.
FULLY FLEXIBLE FUNDING
There are no minimum or maximum monthly amounts to hit in order to qualify for freight factoring. You can factor as many freight bills as necessary in a single transaction, and you can submit freight bills for funding as often as you need to maintain sufficient cash flow.
POOR CREDIT? NO PROBLEM!
Another way that freight factoring companies set their services apart is with an abbreviated underwriting process that depends on your customers’ credit history rather than your own. You can be approved for freight factoring even if you are starting up and have little established business credit, or if you are recovering from a rough patch and have a rating that’s too low to qualify for other financing methods.
OUTSTANDING CUSTOMER SERVICE
Freight factoring companies provide the highest quality service to each of their clients, no matter their size or situation. A dedicated staff of factoring professionals will be on hand to address every element of your account, which you can also access 24/7 via sophisticated online reporting.
Let Our Freight Factoring Companies Help You Thrive!
It is easy to begin freight factoring when you have Factor Finders on your side. We will identify the ideal freight factoring company to meet your needs; then, with just a few documents you will receive a funding decision in as little as 3 to 5 business days!
Freight factoring is a fantastic financing solution for many different trucking companies:
- Single owner-operators
- Large fleet managers
- Trucking companies experiencing rapid growth
- New carriers with little operating history
- Carriers with prior losses or negative cash flow due to slow payers
Apply today and let freight factoring turn your company into the next trucking success story!
Call 216-292-5660 for the best freight factoring companies in the industry!
Demand for truckers is growing, so make sure you’re prepared to answer. Contact Factor Finders to find the right freight factoring company for your business and get ready to drive!