What is Freight Factoring?
Even if you are already factoring with another company or you just want to explore quick pay alternatives, we would be happy to provide you with an invoice factoring proposal in 24-48 hours (or even less).
How Much Revenue is Tied Up in Your Freight Hauling Invoices?
Freight haulers and other transportation and logistics companies who invoice customers upon delivery of goods or completion services often have to wait weeks – or even months – for customers to pay. The time spent waiting for customers to pay represents lost opportunities, and is represented by the business term “opportunity cost.”
Each and every day spent waiting on invoice payment could mean losing out on opportunities to take on new business, adding new semi-trucks and trailers to your fleet or providing services for bigger accounts. The opportunity costs add up when you consider how many days are spent waiting for customer to pay!
We would love to have the opportunity to provide you with a free, no-obligation quote for freight factoring as a quick-pay alternative. Simply request a quick quote or apply online.
Freight Factoring Calculator
Would you like to see how much money you might be able to unlock right away by factoring freight bills and transportation invoices instead of waiting on payments? Enter the average amount of a typical freight bill or invoice, average monthly sales, or average monthly earnings statements.