FACTORING FAQS

What is Factoring?

A simple solution to improve your transportation company’s cash flow and grow your business.

Invoice factoring allows transportation businesses to sell unpaid invoices to a factoring company in exchange for immediate cash. Instead of waiting 30, 60, or 90 days for your clients to pay, you get paid now, and grow your business.

Benefits of Factoring

Satisfied Trucking Company Owner who uses Invoice Factoring

Immediate cash flow.

No debt or long-term commitments.

Easy approval process.

You focus on work, we handle collections.

Factoring FAQs

  • Invoice factoring is when you sell your unpaid invoices to get immediate cash.

  • Any business with unpaid invoices, from trucking companies to temp agencies.

  • We charge a small fee based on the value of your invoices.

  • Yes, eligibility is more based on your customers’ ability to pay their invoices. We focus on the strength of your receivables.

  • Benefits of using our partners:

    • Non-Recourse- The factoring company assumes the liability.

    • Flexible terms that are clear and transparent.

    • We help you avoid long and restrictive contracts.

    • Other companies make you assume the credit risk.

    • Our customers have access to fuel cards and other perks.