What is Freight Factoring?
Freight factoring improves cash flow by freeing up the working capital that would otherwise be tied up in unpaid customer invoices.
Your trucking operation may benefit from freight factoring if:
- You often find yourself waiting for customers to make payment on invoices
- Waiting for customers to pay makes it difficult for your trucking company to take on new orders or fulfill larger trucking contracts
- Your trucking company does not always have adequate cash flow on hand to meet operational expenses
- Your trucking business needs access to working capital in order to grow, replace equipment or expand
Ready to apply? Contact us at 866-855-3640 to apply over the phone or complete our 1-page application online.