Factoring for Trucking Companies
We design a custom factoring program around your company’s needs.
Custom Freight Factoring Programs For Your Needs
How Does Factoring Provide Cash Flow for Freight Companies?
Truckers “sell” their invoices to FactorLoads. We pay the trucker immediately and handle the collection of payments for them. With FactorLoads handling their invoicing and collection processes, drivers can spend more time doing what they do best: moving loads and growing their business.
Benefits of working with FactorLoads:
24/7 full factoring services
24/7 cash advances
24/7 roadside assistance
No contracts and no obligations
Spot factoring — choose what loads you want to factor
Get advanced 40%-60% of the load when you pick it up
Competitive flat rates with no reserves
No monthly minimums
24/7 unlimited ree credit checks
Get cash within minutes of delivery
No hidden fees
Complimentary Load Board account
Use our database to determine whether your customers are pre-approved
Custom factoring program designed around your company’s needs
Recourse and non-recourse programs
With FactorLoads as your factoring partner, you will receive a custom factoring program designed around your business needs. If your requirements change, we will work with you to create a new program that better suits your needs. Above all else, we want to help ensure your success.
We keep you on the road 24/7 and focused on the goods you have to move. Our back office support takes care of all of your paperwork and makes sure your cash is available when you need it. Add in all the other features of working with us, and it’s easy to see how FactorLoads had become an industry-leading factoring company for the trucking industry.
What Makes FactorLoads A Leading Factoring Company for Trucking?
At FactorLoads, we don’t treat your business like every other business. We feel that being your back office support as well as giving your business access to your money right away along with other benefits, discounts and perks is the best way to help small- and medium-sized freight companies grow.
When researching factoring companies for trucking companies, be aware of the benefits, rates and contracts that are offered in the industry. There are many truck factoring companies that will bind you with hidden fees and give you limited access to their benefits. Read the fine print and ask the right questions to a factoring company as fluctuating rates, minimums, holdbacks and limited support can quickly bury your company.
At FactorLoads, we believe in using transparent business practices, giving you options and providing a variety of benefits and tools to ensure your company growth and smooth running transactions. Our full factoring services are available 24 hours a day, seven days a week. Give us a call or contact us online to see how we can save you money over your current factor.
Do you Have a Contract Already?
If you currently have a factoring company you work with, our invoicing and billing experts are happy to look at your current contract and help you see where you could be saving money. This is just one more way in which we’ve proven ourselves to be the most trustworthy and best factoring company for the trucking industry. We started our business helping owner/operators and small- and medium-sized trucking companies compete with the big boys and continue to offer support to this important backbone of the transportation industry.
Since 1996, we have built our reputation as a leading factoring company used by trucking companies. To make factoring easy for you and create a positive relationship, we focus on being:
We explain our services in detail and never hide anything from you while taking care of all of your factoring paperwork.
You won’t find our great combination of factoring and trucking company services at other factoring providers.
When you contact us, we find fast solutions that suit your situation by studying the unique requirements of your business.
At any moment of your day, you can count on us to have a live person available to help you with your needs, not just another automated system.
Our flat rate with no hidden fees approach means we can offer you greater value, helping you grow your business.
On the Road
With years of experience under our belt, we’ve come to learn that for customers like you, a truck breakdown isn’t merely an inconvenience. It can have a significant impact on your business in several ways:
Late deliveries cost you money.
A broken truck can damage goods.
Missing deadlines can ruin your reputation.
A breakdown can affect other shipments.
This is why we’re proud to offer 24/7 factoring for trucking companies. Other invoice factoring companies for trucking are only available during regular office hours. That doesn’t do you much good if you need roadside assistance late at night or need to set up a last-minute invoice factoring to get cash on the weekend. The same goes for cash advances. Only you know when you need your money, so we give you access to it 24/7.
Get Set up with FactorLoads Today
If you want to work with FactorLoads but are under contract with another freight factoring company, we can review your current contract and even get your account transferred. Just call us at 1-866-218-0030 ext.4 to speak with an account specialist or complete our online form today. Let us show you how our services can help you build your business.
We look forward to hearing from you and creating your personalized invoice factoring program to give a boost to your business. Call or contact us and find out how we’ve become the leading factoring company for the trucking industry and put us to work for you!