About Factoring For Trucking Companies

Factoring for truckers is a very common, reputable financial transaction conducted by companies of all sizes. Factoring, often called “accounts receivable financing”, is also utilized in numerous other industries worldwide.

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Unlike many other companies that require annual contracts, we offer factoring on a month to month basis. With our program you also get to choose which freight invoices to factor and if they should recourse or non recourse.

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You can sign up for free and utilize all the benefits and money saving features of the Multi Service Fuel Card.

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Factoring is where funding is available without borrowing money or putting up any form of collateral.

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You sell invoices or accounts receivables at a small discount to a third-party financial company, somebody like us, known as a “factor.” The accounts receivables act as their own collateral.

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We specialize in factoring for trucking companies working with owner/operators and trucking companies that operate larger fleets of vehicles.  As your factoring company we advance a large percentage of outstanding invoices owed to you within 12 hours.

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The funds are made by direct deposit straight into your bank account allowing you to maintain a consistent positive cash flow.

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We then collect payment on those invoices from your customers. The benefit to utilizing our services is that you receive cash quickly on receivables, rather than waiting 30 to 60 days or even longer for slow paying customers to pay you directly.

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Factoring gives you an edge over your competition by allowing you to target larger accounts.

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For more information on month to month factoring for trucking companies please call us today 209-225-2852.

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If you prefer complete the form below.

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