Food Transportation Factoring

Food Transport | Freight Factoring | Accounts Receivables Financing | Line of Credit

1 (800) 317-4933

Our funding solutions for food transportation and trucking companies are tailored to meet the freight funding needs of carriers and are designed to improve cash flow and help eliminate the constant struggles associated with unpaid invoices.

ADVANTAGES OF OUR FREIGHT FACTORING PRODUCT

  • Hassle-free application to funding process
  • Non-recourse factoring (we assume the risk for non-payment by any customer we are factoring for you)
  • Protection from bad debt with our non-resource option
  • High advanaces on freight bills
  • Receivables line of credit option (more information below)
  • Facilities tailored to fit the funding requirements of our client
  • High advances on receivables
  • Flexible terms
  • Complete access to your account via our secured online portal
  • Perform free credit checks on new customers 24/7
  • Invoicing and collection services included
  • Fuel card for savings at the pump and added convenience
  • Free load board to help truckers have full loads on each trip
  • Funding for well-seasoned companies and startups
  • Plus other benefits

RECEIVABLES LINE OF CREDIT

Our receivables line of credit option is called a ledgered line of credit, which offers many of the advantages of a traditional bank line of credit except for the restrictions that can hinder a company's growth should a financial covenant is not met during a review of the latest financials or an audit. A ledgered line of credit has no such restrictions.

A ledgered line is ideal for food and beverages companies that are considering a traditional line of credit or are presently with an asset based lending or bank line and would like to get away from the strict requirements but maintain the features of a traditional line and competitive pricing. And unlike a traditional line of credit, there are no audits or restrictive covenants with respect to ratios, concentration, etc.

HERE ARE THE OBVIOUS ADVANTAGES OF A LEDGERED LINE OF CREDIT

  • No audit requirements
  • No restrictive financial requirements
  • No restrictive covenants
  • No financial ratio requirements
  • No concentration restrictions
  • No long application to funding process
  • Plus other benefits

For more information about our invoice factoring or receivables line of credit, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.



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