Freight Broker Factoring

Freight broker factoring can help brokerages eliminate cash flow problems due to outstanding freight bills and invoices

1 (888) 255-5360

Factoring for freight brokers. Freight brokers typically bill their customers on 30 to 90-day terms, so it is important to have a freight factoring facility in place to help cover any cash flow deficiencies due to the aged accounts receivables and freight bills. We work with not only the larger brokerages seeking capital in the millions but also small, midsized, and startups.

THE PROCESS IS SIMPLE

  • Complete the simple application process
  • Get approved (agreement is signed)
  • You submit invoices (invoices are verified)
  • Funds are deposited into your bank account

Our program covers a full range of factoring options tailored to meet the specific funding requirements of companies in the transportation industry.  Below are some of the advantages of the factoring facility:

  • High advances on freight bills
  • Meet payroll every week
  • Affiliate network with resources to help fund most situations
  • A simple application process
  • The program adapts to your needs
  • Availability as you grow
  • Help increase your customer base
  • Free credit reports on your customers
  • Your carriers are paid quickly
  • Fuel advances (carriers)
  • Fuel card (carriers)
  • Funding for established brokers and startups
  • Freight bill invoicing and collections
  • Complete online access to your account
  • Plus other benefits

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