Marine Transportation and Ocean Freight Factoring
Freight Factoring for Ocean Freighters and Carriers
Our freight factoring services are designed for marine transportation, ocean freighters, and cargo shipping companies that invoice their customers on credit terms. This service is essential for maintaining a positive cash flow and enables ocean carriers to offer extended payment terms to their customers, which is vital in this highly competitive industry.
If your carrier is facing cash flow issues due to unpaid invoices or is struggling with aged receivables and needs immediate assistance, please start with this short form.
We will then...
- Set up a call to introduce ourselves and go over the factoring program
- Send you the simple and short application, and you send it back with the required paperwork
- We process the application, approval, typically within the hour
- Send you the agreement for signature, you send it back with the invoices you want to factor
- Invoices are processed
- Funding process begins crediting your business checking account
Other Advantages
- High advances on freight bills
- Our terms are flexible, and rates are competitive
- From $100,000 to $35 million
- You will be working with the decision-makers
- Non-recourse (option available)
- Manage your account online
- Submit and track invoices online
- Track payments and collections
- Free invoicing and collections
- Free credit checks on new customers
- And more
For more information, please submit this SHORT FORM. The affiliate office that handles your area will contact you shortly.
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