Freight Factoring

Welcome to Freight Factoring. We specialize in providing innovative Freight Factoring solutions to meet the needs of small to mid-sized Trucking Companies all across the United States.

Freight Factoring provides Freight Factoring lines of Credit to trucking companies with fleet sizes ranging from 2 trucks all the way up to 1000 trucks. Our Carriers come from virtually every trucking segment imaginable.

At Freight Factoring, we distinguish ourselves from other Freight Factoring with our “Get it Done” culture.  We challenge our staff to find innovative solutions to meet our customer’s factoring needs. We understand Trucking!

Freight Factoring programs are custom tailored for you by our highly trained Freight Factoring advisors using our exclusive “Fast Track” approval system. In most cases we can provide you with one or more Freight Factoring solutions and a rate quotes in just 5 Minutes.

Want to learn more? Please Call 800.280.3335

Click Here to Learn More

 

More information about Freight Factoring

Freight Factoring is a leading Freight Factoring Company serving the region.  Freight Factoring provides Factoring and Accounts Receivable Financing options for Trucking Fleets that haul a wide variety of cargo.

At Freight Factoring we understand the Trucking business. We have helped thousands of trucking companies over the years. Our success comes from the fact that we understand that every trucking company has different needs and we customize those needs accordingly through our Freight Factoring programs.

Freight Factoring programs offer some of the highest advances and lowest Freight Factoring Rates in the industry. However, there is much more to a successful Freight Factoring relationship then high advances and low rates. All of our Freight Factoring programs are complemented by our best in class services including Risk Assessment, AR Management, Billing, Collection, Treasury, and 24/7 web reporting.

Freight Factoring customers receive a free online subscription to FreebrokerCredit.com, America’s leading Freight broker credit reporting service. This service allows dispatchers the ability to check Freight Broker Credit real time 24 hours a day 7 days a week.

Freight Factoring customers can also sign up for the 24-7 Fuel Card. The 24-7 Fuel Card is a NO Hassle service-oriented fuel card accepted at over 10,000 truck stops in United States and Canada. The 24-7 Fuel Card is easy to use, simple to manage, and accepted at Truck stops, Fuel Stops and Travel Centers nationwide.

If you are running 2 trucks or 1000 trucks, Freight Factoring customers can take advantage of the all the options the 24-7 fuel card has to offer, including where you can purchase your fuel. The 24-7 Fuel Card is accepted at the leading Truck Stops, Fuel Stops and Travel Centers Nationwide including Flying J, Petro Truck Stops, Pilot Travel Centers, Travel Centers of America, Wilco Hess Travel Plazas, and other fine Truck Stops.

The 24-7 Fuel Card Offers

• Fuel Discounts at major Fuel Stops, Truck Stops and Travel Centers
  
  
• Cash Advance Capability at all major Truck Stops, Travel Centers and Fuel Stops
  
  
• Daily Reporting

Freight Factoring process
Freight Factoring is a financial transaction whereby a business sells its accounts receivable (invoices) to a Freight Factoring Company at a discount in exchange for immediate cash.

Freight Factoring is different from a bank loan in two significant ways. First, the Freight Factoring place the emphasis on the value of the receivables, not necessarily the firm’s credit worthiness or fixed assets. Second, factoring is not a loan – it is the purchase of a financial asset (the receivable). The receivable is a financial asset associated with the debtor’s liability to pay money owed to the seller for work performed or goods sold. The seller sells its invoices (the receivables) at a discount to the Freight Factoring to obtain the cash needed for day-to-day operations.

The sale of the receivables (or invoice) transfers ownership of the receivables to the Freight Factoring. The account debtor is then notified of the sale and then remits payment directly to the Freight Factoring Lockbox.

There are three integral parts to a factoring transaction.
1. The Fee - This is the amount Freight Factoring will charge you for the service. Most Freight Factoring will charge you a Factoring Fee also known as a service charge as well as interest based on how long it takes the debtor to pay.
2. The Advance - This is the percentage of the Face value of the invoice you will be paid upon submission of that invoice.
3. The Reserve - This is the remainder of the total invoice amount held until the payment by the account debtor is made in full.

There are many different ways Freight Factoring refer to this service including, Truck Factoring, Freight Bill Factoring, Trucking Factoring, and Freight Invoice Factoring.

At Freight Factoring we provide our Freight Factoring service to a wide variety of small to mid-sized companies. We have earned a reputation for providing world-class service to companies who need Factoring lines for their businesses.  When searching for Freight Factoring, look no further than Freight Factoring.

Banks often call their factoring programs Factoring Loans. Don’t be confused with this statement because factoring your accounts receivables is not a loan. Factoring is simply the sale of your Invoice at a discount to a Freight Factoring Company.
 
Are you interested in learning more about Freight Factoring?

Call today and talk to one of our factoring specialists. Our factoring specialists will give a free consultation on how invoice factoring can help your business succeed.  With Freight Factoring there is no red tape to cut through or bureaucratic maze to navigate. We make the factoring application process simple and straightforward, and we’ll get you approved in just 5 minutes.

Want to learn more about Freight Factoring? Call 800.280.3335 or Click here

Freight Factoring Provides service to every type of trucking company including:

Freight Factoring for Beverage Haulers	Freight Factoring for General Freight Carriers
Freight Factoring for Building Materials Trucking	Freight Factoring for Heavy Haulers
Freight Factoring for Cargo Tank Carriers	Freight Factoring for Heavy Machinery Haulers
Freight Factoring for Chemicals Haulers	Freight Factoring for Hot Shot Trucking
Freight Factoring for Coal Coke Trucking	Freight Factoring for Intermodal - Dryage Trucking
Freight Factoring for Cold Food Carriers	Freight Factoring for Liquid Gas Carriers
Freight Factoring for Concrete - Pumping and Delivery	Freight Factoring for Livestock Haulers
Freight Factoring for Construction Hauling	Freight Factoring for Local Carriers
Freight Factoring for Contract Hauling	Freight Factoring for Log Pole Trucking
Freight Factoring for Dispatch Services	Freight Factoring for Lowboy Trucking
Freight Factoring for Drop Deck Fleets	Freight Factoring for Meat Carriers
Freight Factoring for Dry Bulk Carriers	Freight Factoring for Metal Sheet Haulers
Freight Factoring for Dump - Trucking	Freight Factoring for Mobile Home Haulers
Freight Factoring for Farm Supply Carriers	Freight Factoring for Oilfield Services Fleets
Freight Factoring for Federal & State Contracts	Freight Factoring for Paper Products Carriers
Freight Factoring for Flatbed Carriers	Freight Factoring for Produce Carriers
Freight Factoring for Freight Agents	Freight Factoring for Refrigerated Haulers
Freight Factoring for Freight Brokers	Freight Factoring for Utility Fleets
Freight Factoring for Freight Forwarders	Freight Factoring for Van Fleets
Freight Factoring for Grain Feed Haulers	Freight Factoring for Water Well Fleets

Want to learn more about TranCentral? Call 800.280.3335 or, Click here

Factoring for Freight Factoring for Freight Bills Factoring for Freight Brokers Factoring for Freight Companies Factoring for Freight Invoices Factoring for Transportation Companies Factoring for Transportation Company Factoring for Truck Fleets Factoring for Trucking Companies Factoring for Trucking Invoices Factoring for Trucks Factoring Freight Factoring Freight Bills Factoring Freight Brokers Factoring Freight Invoices Factoring Transportation Companies Factoring Transportation Company Factoring Truck Companies Factoring Truck Invoices Factoring Truckers Factoring Trucking Company Financing for Transportation Companies Financing Freight Bills Financing Freight Invoices Financing Truck Receivables Fleet Factoring Company Freight Bill Factoring Companies Freight Bill Factoring Company Freight Bill Factoring Freight Bill Financing Freight Broker Factoring Companies Freight Broker Factoring Company Freight Broker Factoring Freight Factoring Companies Freight Factoring Company Freight Factoring Invoice Factoring for Freight Companies Invoice Factoring for Transportation Invoices Factoring for Trucking Invoices Factoring for Trucking Companies Transportation Factoring Companies Transportation Factoring Company Transportation Factoring Truck Factoring Companies Truck Factoring Company Truck Factoring Trucking Factoring Companies Trucking Factoring Company Trucking Factoring Trucking Receivables Financing