Why Should You Choose Us.

NO ANNUAL TERM FACTORING
CONTRACT REQUIRED
Other trucking factoring  companies require
you to sign a restrictive contract that
ranges from 6 months to 1 year or longer.
And they require you factor with them
during that entire time. With us, factor only
what you choose

HIGHEST CASH
ADVANCES (up to 97%)
We offer the highest advances in the
trucking factoring industry. 
How can we offer such advance rates? 
By using our own money in tandem with our
stellar banking relationship.
 

LOWEST TRUCKING FACTORING RATES
Factoring trucking leader;
We have the lowest trucking factoring
rates in the industry  


100 YEARS
COMBINED EXPERIENCE
With over 100 years combined
experience in factoring for the
trucking industry.Our knowledge
and experience enables us to
have a working understanding of
the unique demands
you face each day.

24/7 Online account management tools
Our online services let you view
your reports and collection activity updated daily.

Startup companies
are welcome. 
Startups Are Our Specialty!
Did you just get your authority?
Going out on your own after being leased on? 
If your trucking company is just
getting started, you've come to the right place.
We can help you identify quality customers,
strengthen your credit with positive cashflow,
and have our account managers
professionally represent your company.

Call our
Trucking
Factoring Specialists at
1-888-266-0197
or
Email Us
or complete the
OnLine
Trucking Factoring Request Form

 Books On Trucking and Factoring

 Factoring companies provide finance against a business's With invoice factoring, the factor
undertakes to collect amounts due from the business's debtors and ...

Debt factoring and invoice discounting We saw on page 542 in Chapter 15 that
trade debts can, in effect, be turned into cash by either factoring them or

WHAT'S THE DIFFERENCE BETWEEN FACTORING AND INVOICE DISCOUNTING? The main difference
is who collects the money from the sales ledger. ...

Trucking A most important element in the distribution and collection
of freight at the Port of New York is the street truckA large trucking area is also to be found in the Gulf States, especially in ...
Trucking is also developing considerable importance in the Western States, ...

Table: actual cost to several rr cos. of freight transportation, rate charges,
earnings, profits, and average yrly. rates on all r.rs. of Ohio.

dedicated to own-account road freight services, increasingly finds itself ...
marketing, transportation — to one in which strong co-operation is ...

Table: actual cost to several rr cos. of freight transportation, rate charges,
earnings, profits, and average yrly. rates on all r.rs. of Ohio. In fact, the invoice factoring industry has grown noticeably in recent years, in part as
a means of ... of the value of the invoice up-front, less a discount

... a dialogue with the freight industry, since there is considerable need for
better public sector understanding of freight and its needs. ...

Freight moving in carloads is delivered at team tracks, at freight sheds, or at
industry spurs. At team tracks and freight sheds no charge is imposed for ...

More freight factoring Information
Freight Bill Factoring. It Pays To Know This..
Our freight bill factoringprogram allows you to select which customers you submit. This gives you the ability to factor only part of your freight bill volume if you choose. Flexibility is the key to our success! Plus, we operate with a month-to-month freight bill factoring contract that allows you the freedom to stay as long as you want, or you may choose to use our program for just a short term.
... Bill Factoring. It Pays To Know This.. freight bill factoring ...
... To Know This.. freight bill factoring Truck Freight factoring- ...
... factoring Truck Freight factoring- Provides Alternative Source of ...
... good paying freight. We know what it's like to wait to be paid. ...
... the lowest Truck Factoring rates and the highest cash advance rates ...

Turn Your Freight Bills Into Cash in
3 Easy Steps

-1-  Contact Us
-2-  Send Us Your
        Freight Bills
-3-  Take Your Cash

Call our
Trucking
Factoring Specialists at
1-888-266-0197
or
Email Us
or complete the
OnLine
Trucking Factoring Request Form


Warning!
Do Not Sign A Long-Term Contract

Six To Twelve Months in the trucking world can be very volatile.

The danger with a
long-term contract is that you pay a  "stiff fee" to keep or
escape it.

You will still have to
pay the full rate and fees if you experience
a decrease in the number of trucks that you are running.

Our terms flucuate with your business cycles.

More Freight Factoring Information

For years, the bulk of factoring was predominately in the textile, furniture and apparel industries. Today, invoice-purchasing firms are working with all kinds of industries, including manufacturers, service providers, transportation companies and high-tech firms.

The increase is mainly attributed to the credit crunch that began in the late 1980s. as the availability of bank commercial credit tightens, more businesses look toward alternative sources of financing to achieve growth. Freight Factoring can help those firms that banks often find difficult to approve, such as start-up companies whose growth outstrips cash. The primary focus in a factoring relationship is the credit-worthiness of the customers being invoiced and the client’s ability to produce a quality product or service.

There are many situations where truck factoring can help business meet its cash flow needs. By providing a continuing source of operating capital without incurring debt, factoring can provide growth opportunities that can dramatically increase the bottom line. Virtually any business can benefit from truck factoring as part of its overall operating philosophy

Cash flow is one of the main reasons businesses fail. At one time or another, every business, even successful ones, have experienced poor cash flow. Cash flow does not have to be a problem any more. A solution is available.

The solution is called truck factoring., factoring is the process of selling accounts receivable to an investor rather than waiting to collect the money from the customer the concept has been around for thousands of years. He describes factors as investors who pay cash for the right to receive the future payments on your invoices.

"A receivable or an invoice which has not been paid yet has value. It is a debt your customer has agreed to pay in the near future."

Trucking Factoring can offer many benefits to cash hungry companies. Instead of having to wait 30,60,90 days or longer for payment on a product or service that has already been delivered, a business can factor (sell) its receivables for cash at a small discount off the fact amount of the invoice. Payroll, marketing efforts, and working capital are just a few of the business needs that can bemet with this instant cash.

"There have been cases where I have seen factoring provide the means for a manufacturer to replenish inventory and make more products to sell without having to wait for earlier sales to be paid,". "Factoring isn't just a cash management tool for manufacturers. Almost anytype of business can benefit from factoring."

Factoring trucking is especially appealing to young and rapidly growing companies. Since the process shortens their business cycle, these businesses can grow faster. The ability to make more products to sell while waiting for invoices to be paid is largely eliminated. Such businesses usually net much more profit with factoring than without, even when the discount is considered.

2007 NAICS Definition

General Freight Trucking, Local  

This industry comprises establishments primarily engaged in providing local general freight trucking.  General freight establishments handle a wide variety of commodities, generally palletized and transported in a container or van trailer.  Local general freight trucking establishments usually provide trucking within a metropolitan area which may cross state lines.  Generally the trips are same-day return

 This industry comprises establishments primarily engaged in providing long-distance specialized trucking.  These establishments provide trucking between metropolitan areas that may cross North American country borders.