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IS YOUR TRUCKING COMPANY COMING UP SHORT ON CASH?

In the ideal world, carriers who need funding would receive a loan from a bank. However, loans are limited to the credit amount and therefore cannot sustain the ongoing billing and new invoices being generated by the trucking company.  Freight factoring is what creates a constant cash flow, an ongoing supply of capital based on outstanding and new freight bills.

Here are a few of the benefits of our freight factoring product: 
  • Up to 97% advances on freight bills
  • Non-recourse freight factoring (Up to $3 million)
  • Factoring facilities up to $35 million (For larger brokerages)
  • Competitive rates and flexible terms
  • 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
  • Funding for established carriers and startup trucking companies
  • And more...
If your cash flow leaves your trucking company short on a daily basis, it's time to consider freight factoring.  For more information call 1 (888) 331-3839 or visit us online at http://www.1sttruckingfactoring.com

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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
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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
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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/
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