How Do Freight Brokers Benefit From Factoring?

Freight brokers are squeezed from both ends. They have customers that may take 30 or more days to pay their bill, while carriers demand payment right away. When cash is flowing out faster than it is flowing in, keeping above water is difficult. If you are a freight broker looking for a way to improve your business and keep your customers and your clients happy, consider teaming up with FactorLoads.

We offer freight factoring services that get you your cash quickly, often within 24 hours. We also offer a host of other services that save money and make it easier to grow your business, including:

  • 24-hour factoring support
  • Spot factoring
  • Partial advances on your loads
  • Competitive rates with no reserves
  • Custom factoring options
  • Unlimited fuel cards

Don’t try to go it alone when you can have the support and guidance of our proven freight factoring services. Our cash advances mean you have the money you need to pay your carriers and keep your customers happy. FactorLoads was created to help small and medium trucking companies compete with larger businesses and we can do the same with your freight broker business. Trust our years of experience and fine-tuned factoring tools to satisfy your customers, grow your business and build up your own reputation as a market leader.

Manage Cash Better With Freight Broker Factoring

As a freight broker, you have to be a good juggler. At all times, you need to manage:

  • Customers
  • Carriers
  • Routes
  • Deadlines
  • Equipment
  • And more!

You have to decide where to put your limited cash to satisfy customers as well as grow your business and take care of all other obligations. This is where a trusted freight factoring partner like FactorLoads can help. We deliver cash advances quickly so you don’t have to wait 30, 60 or even 90 days for payment from your customers.

With our freight factoring services, we also offer:

  • Fuel cards and fuel rate discounts
  • Back office support and billing services
  • Credit checks on shippers to help you choose reliable partners
  • Access to competitive credit solutions

These benefits of freight broker factoring aren’t reserved for large national lines. We tailor our broker freight factoring to brokers working with small and medium fleets who are looking to remain competitive in today’s difficult market.

Contact FactorLoads Today for the Best in Broker Factoring

Now that you see all the benefits of teaming up with FactorLoads, it’s time to give us a call or contact us through our online form to obtain more information. Our experts will answer your questions and prepare a free quote so you can see how our freight factoring can help your broker business grow. Obtain cash advances that let you pay your customers and carriers faster and keep more money in your own pockets at the end of the month.

New freight brokerage firms are especially sensitive to cash flow issues, so we invite new businesses to contact us today to learn how we can help you get off to the right start. From fuel savings to credit access, billing assistance to 24-hour factoring, you can count on FactorLoads to help you on all fronts!