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Are You Satisfied With Your Current Freight Factoring Company?

How satisfied are you with your existing freight factoring company?  There are many options available to trucking companies, options that you may not know are being offered by your current trucking factor. So if you are unhappy with your existing factoring company, before putting too much time and efforts in searching for a new factor, just give your trucking factor a call and tell them what you want, they could be offering options that you may not be aware they have and all it would take is just a quick phone call.  Below are a few options many trucking factoring companies are offering:

  • Same-day funding
  • Advances on receivables as high as 97%
  • Fuel advances (competitive program)
  • Funding without original invoices
  • Funding startups
  • No minimums
  • No contracts
  • Spot factoring for those clients that only would like to factor certain invoices
  • Non-recourse freight factoring

There may be certain conditions and restrictions but your factor does not want to lose your business so most will work with their client and will consider amending their agreement to meet reasonable requests from their client.

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