Many trucking companies inadvertently may be constraining themselves by offering credit terms to their customers of 30 to 90 days and then having to wait to get paid. Freight factoring can eliminate the cash flow constraints associated with unpaid invoices. Talk to a cash flow professional today to discuss options on how to improve your cash flow quickly. Contact us www.1sttruckingfactoring.com
Freight Factoring for Strong Cash Flow Truckers and owner-operators often bill their customers for 30 to 90 days to stay competitive. However, the delay in receiving payments can lead to cash flow issues, which is why trucking companies rely on freight factoring to maintain a strong cash flow. Factoring allows trucking companies to receive immediate cash by selling their invoices to a factoring company, and by doing so, they can cover operational expenses, invest in equipment, and ensure timely payment to their drivers. Advantages Our freight factoring product offers numerous advantages, including a non-recourse option, which means the factoring company assumes the risk of non-payment. We provide advances of up to 95%-98% to maximize your funding potential. Additionally, our fuel program offers guaranteed acceptance and provides fuel discounts at the pump across the US and Canada. No more waiting for your customers to pay. Plus many more account features and benefits. More Inf...
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