The Most Trusted Freight Factoring Solutions for Trucking Companies
Freight Factoring is Easier Than Ever
You’ve delivered your load. Why wait to get paid? Sometimes waiting 30 to 60 days for customers to pay isn’t an option. Freight bill factoring guarantees you’ll always have cash on hand to fuel your business. It’s a simple way to combat cash flow challenges.
EZ Freight Factoring offers competitive freight factoring for trucking companies and freight brokerages of all sizes. Steady cash flow makes it simple to accept better-paying loads, fund repairs and maintenance, purchase new equipment, cover payroll and taxes, and hire new drivers.
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Factoring Loads on YOUR Terms
It’s essential when choosing the best freight factoring company for your transportation business. With month-to-month contracts and no set-up fees, there’s never been a better time to start factoring freight. Don’t want to factor all of your customers? No problem! Whether you’re billing government agencies or any other type of shipper, thanks to no monthly volume requirements, you decide which customers to factor and when you need to factor loads. With customized freight bill factoring services designed to work for your unique needs, you can turn your freight bills into fast cash without the hassle.
What is Freight Bill Factoring?
Freight factoring is a simple way to improve your trucking company’s cash flow. Basically, factoring is a cash advance on your outstanding freight invoices. Once a load is hauled, send a copy of your freight invoice to the factoring company. The factoring company will issue a cash advance on the same day for up to 98% of the value. Use the funds to cover fuel costs and take on new loads.
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Deliver the Load
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Submit Paperwork to Factor
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Receive Cash Within Hours
Is Waiting to Get Paid Slowing You Down?
What could you do with more business capital? Haul more loads? Buy new truck equipment? Let’s face it, it takes money to make money. Freight bill factoring ensures you’ll never have to turn down a lucrative load due to a lack of working capital for upfront expenses. Instant cash is available – and it only takes 24 hours to gain access to it. With easy approval, no minimum volume requirements and no long term contracts, freight bill factoring is a flexible funding solution for trucking companies.
Fuel Your Cash Flow & More with Freight Bill Factoring
Fuel advances are available on all factored loads. With funding before delivery, you’ll never have to pass up a lucrative load again. Enjoy significant savings on every fill-up with free fuel discount cards for trucking. Truck factoring fuel cards can be used at nearly all major truck stops throughout the United States and Canada.
Advantages of Factoring Freight Bills
Freight load factoring is the flexible funding solution for the transportation industry. Discover how freight factoring can take your business to the next level.
- Same Day Funding
- Recourse and Non-Recourse Freight Factoring Options
- Fuel Advances up to 50 percent
- Free Fuel Card Program Enrollment
- Month-to-Month Contracts
- No Minimum Volumes
- No Hidden Fees
- No Application Fees
- You Decide Which Customers to Factor
Ready to get started?
Click the button to get a free quote or speak to a freight factoring specialist to get funding