Transportation Factoring

Transportation factoring is a fast, reliable way to sustain and grow your business. Our transportation invoice factoring and transportation accounts receivable factoring programs allow you to receive cash advances on a certain percentage of the total amount, based on the credit worthiness of your clients and other factors.

With transportation factoring:

• You send us the freight bills and accounting receivables that you wish to have factored
• We review your customer’s credit and establish credit limits for your account. You receive the funds that you need quickly, sometimes in as little as 24 hours
• We offer the highest advance rate in the industry, and handle all collection activity associated with the accounts, including the mailing and collection of invoices, allowing you to focus your time and resources where they belong: on your business.
• Once your clients submit payment, we reimburse you for the full amount minus a small service fee

Let our transportation factoring services solve your cash flow problems today. We offer competitive rates, fast funding, and put our years of experience in the transportation industry to work for you.

How much does transportation factoring cost? Factoring costs are determined by how quickly your customers submit payment for invoices and the total volume of invoices to be factored. Business Factors offers the lowest freight bill factoring costs in the nation. The actual fee amount varies depending on the total factoring amount and the length of the contract.

To learn more about our transportation factoring programs and to receive a factoring quote, contact Business Factors today.