Freight Bill Factoring

Non-recourse | Quick and simple funding process

freight factoring for truck operators

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Factoring for Trucking and Transportation Companies


FOR CARRIERS WITH 4 OR MORE TRUCKS

For carriers and larger trucking and transportation companies with four or more trucks, freight factoring is available.  Because carriers must always have cash on hand for maintenance and fuel, they can't operate without it. Our freight factoring solutions provide you with the access to funds required to keep your vehicles operating.

ADVANTAGES (4 or more trucks)

  • Advances up to 95% (or higher depending on each specific situation)
  • Non-recourse factoring (We assume the credit risk)
  • Flexible terms / Competitive rates (Our objective is to beat our competition)
  • Programs customized to your needs
  • You choose which invoices to factor
  • 24/7 free online credit checks
  • Online reporting
  • Invoice generator
  • Invoices are submitted electronically (little or no extra paperwork)
  • Fuel Card
  • Fuel Advances
  • Excellence in customer service

FUEL PROGRAM

  • Universal acceptance at more than 6,400 truck stops in the U.S. and Canada
  • Fuel discounts in over 1,900 locations
  • No minimum usage requirements
  • Low, simple transaction fees
  • Online card maintenance and account management tools
  • 24/7 customer service

FOR CARRIERS WITH 1 TO 3 TRUCKS

Time spent driving equals money for small trucking companies and owner-operators.

We're happy to offer Paperless Factoring to trucking companies with 1-3 trucks at no additional cost because we know you'd prefer to be driving than preparing the invoices and schedules that traditional factoring demands. This allows you to conduct your business from the comfort of your cab.

As a client of Paperless Factoring, all you need to do is send us pictures of your load documents, such as the bill of lading or rate confirmation, and we'll take care of the rest, allowing you to get cash right away without having to deal with any paperwork.

ADVANTAGES (1 to 3 Trucks)

  • Quick funding
  • Non-recourse
  • Pure convenience
  • Constant funding of your approved customers
  • We create the invoices and send them to your customers
  • We create the schedule of accounts
  • Instant online credit approvals to keep you moving
  • Customizable programs, competitive fees
  • Industry-leading client service
  • Competitive rates (Our objective is to beat our competition)

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