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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 trucking factor, before putting too much time and efforts in searching for a new factoring company, just give your current 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. 


You can also compare their product with what we can offer, which includes:


Up to 97% advances on freight bills
Non-recourse freight factoring (Up to $5 million)
Factoring facilities up to $35 million (For larger carriers)
Competitive rates and flexible term
Fuel Card for added convenience and savings at the pump
Free load board to help you have full loads on each trip
Complete online account management
Perform free credit checks on your customers 24/7
Simple application to funding process
And more

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 customer.



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FREIGHT FACTORING SERVICES

  Flexible freight factoring services designed to help trucking and transportation companies with their cash flow. 4 OR MORE TRUCKS (ADVANTAGES) Advances on freight bills up to 95%-98% Non-recourse freight factoring Flexible terms with competitive rates (The objective is to beat our competitors) Funding is 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 1 TO 3 TRUCKS (ADVANTAGES) We create the invoices and send them to your customers We create the schedule of accounts Instant online credit approvals to keep you moving Non-recourse factoring Customizable programs, competitive fees Industry-leading client service Competitive rates (Our objective is to beat our competition) FUEL PROGRAM Universal acceptance at more than 6,400 truck stops in the U.S. and Canada Fuel discounts in over 1,900
Why freight factoring is so important to a carrier?  Freight factoring is the blood flow of cash flow, a carrier to remain competitive and operate successfully must offer credit to its customers, typically 30 to 90 days, so this is cash that the business will not receive right away, so how can the business operate having to wait that long for their payments, well, freight factoring?  With factoring, the trucking company sells its outstanding invoices to a factoring company right after the invoice is issued, providing the carrier with the necessary cash to continue operating without a cash flow shortfall. https://www.1sttruckingfactoring.com
Freight factoring is the purchase of accounts receivables and ideal for trucking companies that typically bill their customers on credit terms of 30 to 90 days, it is designed to eliminate the cash flow problems associated with aged receivables. For more information visit:  https://www.1sttruckingfactoring.com/