At factoringfast.com we make freight bill factoring easy. We provide factoring programs in which your freight bills are purchased, and we advance you the cash within 24 hours.
When you work with us, you know you're getting advance rates up to 99% with fee structures that are fair and reasonable. Our rates start as low as .59% for our largest customers and top-out at 5% for our one truck customers.
We also allow our customers to choose which bills of lading they want to factor, providing the flexibility that most trucking companies need. We also welcome carriers and freight brokers who want to increase cash flow with factoring.
Our state-of-the-art technology enables us to provide you with 24 hour real-time load credit checks and reporting. When running a trucking company, you cannot afford to only have factoring approval on your loads during business hours. Who only works business hours in trucking?
We can handle a wide range of bill of lading factoring needs. We have programs for one truck owner operators, but we can also handle monthly freight bill factoring needs in excess of $25 million for larger customers.
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| HERE ARE SOME OF THE REASONS
HUNDREDS OF TRUCKING COMPANIES
ARE FREIGHT BILL FACTORING WITH
US : |
- No
up front fees in most cases.
- Advances
made within 24 hours.
- Free
quick credit checks for your
new customers.
- No
add on fees, your factoring
fee is your total cost.
- Factoring
rates as low as 1%.
- Advances
on freight bills up to 99%.
- Free
electronic bank transfers and
bank rate wires, believe
it or not most factoring companies
actually inflate the wire fee
as an extra "hidden charge"
to you.
- Freight
Brokers are welcome!
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Put an end to delayed payments putting a strain on your company. Let us help with a transportation factoring program custom tailored for your needs. We offer some of the best freight broker factoring deals in the industry.
| HOW
DOES FREIGHT BILL FACTORING PROECESS WORK?: |
- Apply
for a factoring quote via our online
application or by calling 1-877-876-2803.
- After
getting your approval on our terms we
will overnight your final factoring
documents.
- You
send your original invoices and freight
bills with any other back up items that
your customer may require for billing.
We also offer fax and image scanning
to reduce paper work in some cases.
- Before
funding occurs we will perform Due Diligence
and confirm your company does not have
any liens or legal issues.
- We
verify your freight bills and make the
advance electronically to your existing
checking account. The advance is normally
80% to 97% depending on the credit worthiness
of your customers. Your customer then
sends the payment directly to us. After
receipt of payment we make the remaining
amount in reserve available to you less
the factoring fee.
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GET
STARTED WITH FREIGHT BILL FACTORING NOW!
Give
us a call at 1-877-876-2803 and we can start the
freight bill factoring process. You can also fill
out our quick freight
bill factoring application form by clicking here.
We respond to all online inquires within one business
day.
We
are currently offering freight bill factoring
nationwide including the following states: Alabama,
Alaska, Arizona, Arkansas, California, Colorado,
Connecticut, Delaware, Florida, Georgia, Hawaii,
Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,
Louisiana, Maine, Maryland, Massachusetts, Michigan,
Minnesota, Mississippi, Missouri, Montana, Nebraska,
Nevada, New Hampshire, New Jersey, New Mexico,
New York, North Carolina, North Dakota, Ohio,
Oklahoma, Oregon, Pennsylvania, Rhode Island,
South Carolina, South Dakota, Tennessee, Texas,
Utah, Vermont, Virginia, Washington, West Virginia,
Wisconsin, and Wyoming.
We
are also offering freight bill factoring in Canada:
Alberta, British Columbia, Manitoba, New Brunswick,
Newfoundland and Labrador, Northwest Territories,
Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, and Yukon.
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