trucking factoring

Trucking Factoring

Trucking factoring. Our freight factoring for trucking and transportation companies including startups is a full service and flexible freight funding product that help truckers setup a facility with options that are best suited for them.  It doesn't matter if you are a startup seeking funding starting at $10,000 or a larger well-seasoned carrier seeking advances as high as $35 million.

(800) 317-4933 quick quote

HELPING TRUCKING COMPANIES WITH THEIR CASH FLOW SINCE 1978

  • Integrity, Stability and Reliability
  • We are experienced trucking funding specialists
  • Excellence in customer service
  • Funding from $100,000 to $35 million a month (As low as $5,000 via affiliate)
  • High-volume factoring $5 million minimum with 90-Day rates as low as .75%
  • Startups, small, midsized to large trucking companies
  • All of the United States, Canada and fifteen other countries
  • High advances on freight bills
  • Very competitive rates (we do our best to beat the competition every time)
  • Funding availability as you grow
  • A very simple process from application to funding
  • Draw down only needed funds - be charged only for the funds used
  • We are a reliable cash source for your company's security and growth
  • Very likely we'll be able to beat any other offer you may be considering

OTHER FREIGHT FUNDING PROGRAM OPTIONS (Subject to qualification)

  • Funding off copies
  • Fuel advances (for carriers)
  • No minimums
  • No contracts
  • Non-recourse
  • Non-Notification

And for trucking and transportation companies that are presently with a traditional asset based line of credit and are fed up with tight covenants and strict requirements but would like to maintain competitive pricing, we have the Ledgered Line of Credit, a flexible and very competitive asset-based type facility that is secured with your freight bills/accounts receivables.  And most important, unlike the traditional bank line of credit, there are no strict audit requirements and almost no covenants with respect to ratios, concentration, etc.  The price structure is similar to an asset-based line, typically prime + %, plus a service fee . The service fee is charged monthly on the gross amount of invoices, interest is charged on the amount of funds actually drawn, thus controlling the cost of funding.

Start the simple trucking factoring process...submit the Quick Quote form

(800) 317-4933 quick quote