As the person who oversees a trucking fleet, I currently find myself searching online through numerous factoring company websites for a specific reason. The challenges we encounter in our industry, such as slow-paying customers, intense competition, unpredictable fuel costs, and the constant struggle to find reliable drivers, have led me to seek a reliable factoring company.
I am well aware of the crucial role that immediate cash flow plays in keeping our operations running smoothly, especially when customers delay payments. The right factoring partner could be a game-changer for our business, alleviating the daily pressures we face and providing the financial support we need to navigate through this highly competitive industry.
With a wide range of options available, I am determined to find a company that understands the unique demands of the trucking industry, offers competitive rates, and ensures prompt delivery of funds.
This online search is an essential step towards finding the perfect match that will help us continue delivering excellent service, maintaining our fleet, and staying ahead in this challenging industry.
Amidst the noise of trucking factoring companies, they all tout their exceptional flexible rates, the absence of long-term contracts, swift same day or same hour payments, zero up-front fees, and the flexibility of no monthly minimums or maximums.
Deciding on the right invoice trucking factoring company might feel overwhelming, but our extensive industry knowledge, upfront pricing, and outstanding customer service make it a clear and confident decision.
Possessing 40 years of hot shot trucking factoring experience, our unmatched depth of knowledge and know-how enables us to adjust and prosper in the constantly changing financial domain. The trust our clients demonstrate by their referrals is a testament to our dedication to delivering top-tier service and inventive solutions specifically designed for your needs. Our competitors are unable to rival our level of hot shot trucking factoring experience and proven achievements.
Can't wait 30-60 days for customers to pay their freight bills? Our factoring service provides up to 100% of the invoice value right away. We take care of the customer collections, and once the payment is made, you receive the balance minus our fee. It's not a loan, so there's no debt. It's just a quick cash boost for your business.
When fuel price swings threatened to derail my trucking business, this factoring company came to the rescue with their up-to-100% advance. They've been my financial lifeline, ensuring that my trucks keep rolling despite the challenges. If you're tired of the constant financial stress, this factoring company is the answer. They'll help you navigate the turbulent waters of fuel prices and keep your business thriving. - Tyler.
Bid adieu to worries about unforeseen fuel price swings impacting your operations. Our up-to-100% advance guarantees that you'll always have the necessary funds to keep your trucks moving forward, no matter the circumstances. Our competitors can't match this advantage.
Stop maintenance costs from undercutting your profits. With our high advance rates, you can continue to maintain your fleet despite slow-paying customers. Our quick cash access is what sets us apart from our competitors.
We engage with your customers in a professional manner, understanding the value they bring to your business. Rather than acting as a collection agency, we function as your Credit and Collections Department for factored invoices. Our tasks involve making calls on your behalf to stay updated on payment statuses, track check dates, and ensure effective communication. This allows you and your team to focus on more critical areas of your operations.
Choosing your factoring services has been a game-changer for our business, thanks to your skilled collections team's unwavering dedication to excellence and their ability to enhance our customers' experience. - Jonathan.
The dearth of trained drivers shouldn't stall your expansion. Our factoring services ensure the financial footing necessary to employ and hold onto top professionals. We outdo our competition by maintaining financial stability, vital for your growth.
Our online platform is designed for user-friendliness and loaded with extensive features, making us a cut above the rest. Our unwavering dedication to high-quality service is evident in every aspect, including our use of state-of-the-art technology.
Thank you for being our reliable partner in financial support; your factoring services have empowered us to work efficiently and effectively, achieving remarkable outcomes. - Anthony.
What exactly is trucking factoring and how can it help my Mckinney business? Is it like a loan? Will I incur any debt?
Find Out HereWhat makes your company any better than any other trucking factoring company?
Find Out HereWhat other advantages do you offer me?
Find Out HereHow do I know if you’re the right company for my Mckinney business?
Find Out HereI only have one truck or I’m a start-up. Am I too small for your company?
Find Out HereI have been turned down by banks, will I qualify for factoring?
Find Out HereI have tax liens. Can you help me?
Find Out HereI have a UCC Filing against my company. Can you help me?
Find Out HereCan I know what your fees and rates are up front?
Find Out HereAre there any monthly minimums? What kind of agreement do I need to sign?
Find Out HereI don’t want to factor all my loads. Do I have to give all my invoices to your company?
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“When fuel price swings threatened to derail my trucking business, this factoring company came to the rescue with their up-to-100% advance. They've been my financial lifeline, ensuring that my trucks keep rolling despite the challenges. If you're tired of the constant financial stress, this factoring company is the answer. They'll help you navigate the turbulent waters of fuel prices and keep your business thriving. - Tyler.”
What do I need to submit for approval and how long does the process take?
Find Out HereHow am I evaluated in the approval process?
Find Out HereOnce approved, how do I get my money from your company?
Find Out HereHow much of my load will I receive up front, and how soon will I get the money?
Find Out HereThis is all new to me. Are you easy to work with?
Find Out HereI don’t like talking to robots or call centers. Can I talk to a real person when I need to?
Find Out HereHow will you work with my customers to collect their money?
Find Out HereWill I be able to keep track of collections from my end?
Find Out HereI’m not familiar with your company. How do I know you’ll be in business when I need it?
Find Out HereCan my company use factoring?
Find Out HereWhat if you could receive instant payment for the freight bills you send to your customers, bypassing the usual 30-60 day waiting period? It would certainly make a difference, right? Our trucking factoring company offers you the opportunity to access up to 100% of the payment right when you need it, without any reserve. We take care of collecting the payment from your customers, allowing you to focus on managing other essential aspects of your trucking business. Once your customer pays the bill, we refund the remaining 3-15% reserve balance to you, minus the factoring fee. Rest assured, this is not a loan, so there's no need to worry about accumulating any debt. You can put that money to work immediately and drive the growth of your trucking business.
Back to the TopSince 1979, we have been dedicated to serving our customers in the industry. As a privately owned company, we have maintained a strong financial position, allowing us to weather economic downturns that have proven fatal for many other businesses. We understand the difficulties that come with tough times. Our goal is to assist you in making informed financial decisions, irrespective of the circumstances. You can trust us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.
Back to the TopSince 1979, we have been dedicated to serving our customers in the industry. As a privately owned company, we have maintained a strong financial position, allowing us to weather economic downturns that have proven fatal for many other businesses. We understand the difficulties that come with tough times. Our goal is to assist you in making informed financial decisions, irrespective of the circumstances. You can trust us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.
Be assured that you're making the right choice by selecting our factoring company. We've been financing businesses of different scales since 1979. If your needs surpass our scope, we have a broad network of resources to help you find the ideal match from the start. You'll appreciate our flexibility and the way we can match your unique needs with the right funding source. Our company excels because of our adaptability and tailored solutions.
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We partner with trucking companies, regardless of their size or age. Small businesses play a vital role in maintaining the strength of our economy.
Back to the TopIf you transport shipments for reliable businesses and prefer not to wait for your money, factoring can provide a convenient solution. If your customers consistently meet your payment terms, factoring is advantageous.
Back to the TopOf course! If you and the IRS have a payment agreement in place, there's a good chance we can lend a hand.
Absolutely, if the UCC holds your unpaid bills as collateral, we'll need the lender to agree to move it down or cancel it to enable factoring. Factoring requires having the top spot with the UCC for your unpaid bills. We can assist you in managing that process.
Back to the TopNo worries! Unlike most companies, we believe in complete transparency when it comes to our fees and rates. Our factoring rates are highly competitive in the industry and depend on factors like the number of trucks you have, the amount of business you want to factor, the type of loads, and any potential risks associated with your customers. We offer funding through ACH, wire transfer, and electronic invoice submission. Each of these options involves a small fee, which we'll always clearly communicate upfront when we present our factoring proposal. We don't charge any setup fees like the others. Furthermore, there are no monthly minimum fees or any other types of charges from us.
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No obligations or minimum requirements! You have the liberty to select the invoices you wish for us to assist you with. Moreover, our agreements can start as short as 90 days. Our factoring program works just like carrying a credit card in your wallet, always there when you need it. Reach out to us today and let's initiate the process!
Back to the TopNo doubt about it, you have the freedom to select the accounts you want to factor. You have the power to handpick the invoices you want to submit for funding whenever it's convenient for you.
Back to the TopFill in a straightforward online form and provide the necessary documentation: proof of insurance; a scanned copy of your driver's license; official paperwork like Articles of Incorporation or Fictitious Business Name Statement (DBA filing); a copy of your W-form; and perhaps one or two additional documents depending on the size of your business. Usually, within 2hours, you'll receive a proposal, and the entire process, from start to funding, typically takes about to days.
Back to the TopEstablish your business as a valid entity (Corporation, LLC, sole proprietor) with the appropriate authorization (DOT or MC) and insurance. Similarly, evaluate the financial trustworthiness of your customers.
Back to the TopYou share your invoice, bill of lading, load confirmation, and any accompanying backup documents with us.
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Definitely! Our privately-held firm consists of entrepreneurs who can relate to your experiences. We've been there and we're ready to support you at every turn. We carefully listen to your circumstances and develop a personalized plan for your business. Get in touch with us today for an obligation-free chat!
Back to the TopFor sure! When you join our family, you'll be connected with a dedicated Account Executive who will take the time to learn about your business in depth. This individualized approach enables us to provide you with exceptional support that sets us apart.
Back to the TopWe uphold professional and respectful interactions with your customers, understanding the importance of these connections for the success of your company. It's worth noting that we are not a collection agency. Rather, we serve as your designated Credit and Collections Department for factored invoices. This involves making calls on your behalf to check payment statuses, keeping track of check dates that we can provide you with, and relaying any necessary messages. Our objective is to simplify the process and allow you to allocate your time and resources more effectively.
Back to the TopOf course! You'll have online access to aging reports, and we'll keep you updated on any collection issues so that you won't be caught off guard.
We are dedicated to leveraging cutting-edge technology to simplify the funding process. This includes electronic invoice submission, online reporting, credit checks, and other emerging methods that optimize efficiency and reduce overheads. By embracing these modern approaches, we can offer you more competitive rates compared to other companies. Get in touch with us today, and we'll showcase the unique benefits that make us stand out.
Back to the TopWant to enhance your cash flow and boost your financial position? Our factoring service is designed for transportation companies of all sizes. Initiating the process is simple—contact us, and we'll explain everything in plain terms.
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Mckinney, Texas
