TRANSPORTATION & FREIGHT FACTORING PROGRAM DETAILS
Owner operators, fleets and brokers can take advantage of freight bill factoring programs at very competitive rates and terms. We understand that transportation companies are working with compressed margins and need working capital at aggressive rates.
We have flat rate programs without complicated fee schedules that make it easy to understand what you are paying for financing so can control your borrowing costs and add profits to your bottom line.
RECOURSE FREIGHT FACTORING
For carriers that have ongoing working capital needs,and credit departments to manage the risk of extending credit to customers.
- Facility sizes from $250,000 to $25,000,000
- Advance rates up to 90%
- Rates as low as .80% (one time, not monthly)
- Supports credit terms up to 90 days
- Fuel cards available for all your drivers
- Fuel discounts at participating truck stops
NON-RECOURSE FREIGHT FACTORING
For small to mid sized carriers that want to outsource their credit decisions and be protected from customer non-payment.
- Facility sizes from $25,000 to $10,000,000
- Advance rates up to 97%
- Rates as low as 1.25%(one time, not monthly)
- Flexible programs that allow you to factor the invoices you want funding on
- Online debtor checking for fast credit decisions
- Submit funding requests while you are on the road right from your phone
Turn your receivables into cash NOW, and gain the working capital and the peace of mind your company needs to succeed.
Why should you work with commercial finance partners?
Balance Sheet Lender
High Advance Rates and Competitive Pricing
No Covenants or Long-term Contracts
Raise Capital Without Giving up Equity
Proactive and Transparent Process