There are a couple ways that your rates can be set up: tiered or flat rate.
Tiered rates could be 1% for the first 10 days, 2% for the next 10 days, 3% for the following 10 days, 4% for the next, etc.
Flat rates could be 3% for 60 days.
Depending on the pay patterns of your customers, either of these rate styles might be a good fit for you. If your clients pay fairy quickly a tiered rate might be best. If your customers don’t pay in a timely matter or might be sporadic, a flat rate might be the better choice.
*No two freight businesses are factored the same. Each business gets a specialized rate for their business based on certain variables*
We can get your set up with the right factoring company that specializes in working with auto transport. Give is a call or fill out a form and let us know what you are looking for. We are your trucking concierge for factoring and will get your partnered with the right company that understands your needs.
You let us know what you are looking for in a freight factoring company we will match you with the perfect one from our nationwide network. Once we determine a factoring company that is best suited for your needs, we will make an introduction either right then on the phone or through e-mail.
This hands free concept is great for busy auto haulers that want the best rates but don’t know the time to do the heavy online research. We are experts in the factoring industry, and know that every trucking company has different needs.
We have trusted relationships with several factoring companies that specialize in factoring for auto transporters. These relationships allows us to get your business the lowest rates in the industry. You are the boss in this operation! We just make sure you get in touch with the right fit.