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Freight Factoring Process

Factoring goes by lots of names receivable financing, invoice factoring, trucking factoring but it all means the same thing. Advance Business Capital is the premier factoring company in the trucking industry. ABC offers competitive rates, fast funding and bedrock stability through association with Triumph Commercial Finance. Truckers also appreciate that ABC management includes familiar faces. http://www.cash4truckers.com/florida-invoice-factoring-company/

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Freight Factoring Process

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  1. freight factoring PROCESS

  2. WHAT IS FREIGHT FACTORING? • Freight Factoring is an alternative lending method for trucking and freight companies. When situations arise that demand cash, but you can’t get funding from traditional methods, factoring gives you the cash you need.

  3. SO HOW DOES IT WORK? • Your company will definitely want to avoid the negative situations that occur with financial troubles. Therefore, you may look towards traditional lending institutions. But if you don’t meet their strict stipulations you won’t get the cash you need. If you don’t have cash at the right moment being used in the right areas, you can’t meet goals. So what does your freight firm do?

  4. BENEFITS • Factoring your freight invoices dodges the pitfalls that come with other common financing methods like loans. Here are a few • No harsh requirements • No debt creation • No minimums • No high interest rates • No hidden fees • No long approval periods

  5. FACTORING: STEP-BY-STEP • The steps to freight factoring are fast and simple. All you need to do is continue to service your customers as usual and submit these items along with your application: • 1) Accounts Receivable Aging report • 2) Outstanding invoices • 3) Articles of Incorporation • 4) Your Invoices to Factor

  6. Call Us To Inquire About Our Services: (866) 368-2482 • Advance Business Capital LLC  701 Canyon Drive, Suite 105 Coppell, Texas 75019 • Website Url- http://www.cash4truckers.com/ • Phone- (214) 513-9600 • Toll Free- (866) 414-9600 • Facsimile- (214) 269-8222

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