As a trucking fleet owner, I'm no stranger to the multitude of challenges this industry presents. From customers who delay payments, intense competition, fluctuating fuel costs, to the ceaseless quest for dependable drivers, managing a successful trucking business can be a complex undertaking. Add to this the expenses of fleet maintenance, capacity management, and the necessity to deliver stellar customer service, it becomes clear that solid financial support is crucial for survival.
Given these circumstances, I'm in pursuit of a trustworthy factoring company. The right factoring company could offer the instant cash flow needed to keep operations running smoothly, even when customer payments are lagging. Partnering with a suitable factoring company could alleviate numerous pressures we face regularly.
However, the challenge lies in the vast number of factoring companies out there, making the perfect pick akin to finding a needle in a haystack. It's critical to identify a company that comprehends the distinct challenges and limitations of the trucking industry. The ideal factoring partner would offer competitive rates, a transparent process, and most importantly, provide funds swiftly when required.
Despite the overwhelming number of choices, I'm committed to finding the ideal fit for our needs. With the right factoring company by our side, we can mitigate many of the concerns intrinsic to running a trucking business, ensuring we continue delivering exceptional service to our customers, maintaining our fleet, and remaining competitive in this demanding industry.
With every trucking factoring company vying for your business, they all emphasize their unbeatable flexible rates, no commitment to long-term contracts, expedited same day or same hour payments, no up-front fees, and no limitations on monthly minimums or maximums.
Making the optimal choice among invoice factoring companies can be daunting, but with our extensive expertise, transparent fee structure, and unwavering customer support, the decision becomes simple and straightforward.
With four decades of hot shot trucking factoring experience, we have honed our knowledge and expertise to provide exceptional service and innovative solutions customized to meet your needs. The trust our clients place in us, demonstrated by their referrals, is proof of our unwavering commitment to their success. Our competitors simply cannot match our level of hot shot trucking factoring experience and proven achievements.
Forget waiting 30-60 days for your customers to settle their freight bills. Our factoring service ensures you get up to 100% of your invoice value immediately, while we handle the rest. Once your customers pay, we refund the remaining balance, less our fee. It's not a loan, so there's no debt. It's just quick cash to grow your business.
I never thought I would find a factoring company that could navigate me through unpredictable fuel price swings until I discovered this gem. With their up-to-100% advance, my business not only survived but thrived, even during challenging times. If you're tired of being at the mercy of fuel prices, look no further. This factoring company is the answer you've been searching for. - Ryan.
Don't worry about being caught off guard by unexpected fuel price changes anymore. Our up-to-100% advance guarantees that your truck fleet won't be impacted, regardless of cost fluctuations. Our competitors can't match our commitment to your financial stability.
Keep your profits intact and unscathed by maintenance costs. Our competitive advance rates make it possible for you to maintain your fleet without worrying about customers who are slow to pay. We outrank our competitors by promptly providing the cash you need.
We handle your customers professionally, appreciating that their relationships are crucial to your business. Rather than operating as a collection agency, we serve as your Credit and Collections Department for factored invoices. Our responsibilities include making calls on your behalf to stay updated on payment statuses, keep track of check dates, and convey messages effectively. By doing so, we enable you and your team to prioritize more urgent matters.
Your collections team's exceptional performance has been a driving force behind our business's success; their seamless management of customer accounts has reinforced our reputation and fostered new sales opportunities. - Gregory.
A shortage of skilled drivers shouldn't stifle your growth. With our invoice factoring services, you'll gain the financial security necessary to recruit and retain the best in the field. Our superiority is evident in our commitment to financial stability, an advantage over our competition.
Our online platform is a game-changer, designed to be easy to navigate and equipped with extensive features. Our unwavering commitment to providing top-quality service is evident in all areas, including our use of cutting-edge technology.
Your factoring services have been a game-changer for our business, equipping us with the right amount of resources to handle any workload and deliver exceptional results. - Timothy.
What exactly is trucking factoring and how can it help my Arvada business? Is it like a loan? Will I incur any debt?
Find Out HereWhat makes your company any better than any other trucking factoring company?
Find Out HereWhat other advantages do you offer me?
Find Out HereHow do I know if you’re the right company for my Arvada business?
Find Out HereI only have one truck or I’m a start-up. Am I too small for your company?
Find Out HereI have been turned down by banks, will I qualify for factoring?
Find Out HereI have tax liens. Can you help me?
Find Out HereI have a UCC Filing against my company. Can you help me?
Find Out HereCan I know what your fees and rates are up front?
Find Out HereAre there any monthly minimums? What kind of agreement do I need to sign?
Find Out HereI don’t want to factor all my loads. Do I have to give all my invoices to your company?
Find Out Here
“I never thought I would find a factoring company that could navigate me through unpredictable fuel price swings until I discovered this gem. With their up-to-100% advance, my business not only survived but thrived, even during challenging times. If you're tired of being at the mercy of fuel prices, look no further. This factoring company is the answer you've been searching for. - Ryan.”
What do I need to submit for approval and how long does the process take?
Find Out HereHow am I evaluated in the approval process?
Find Out HereOnce approved, how do I get my money from your company?
Find Out HereHow much of my load will I receive up front, and how soon will I get the money?
Find Out HereThis is all new to me. Are you easy to work with?
Find Out HereI don’t like talking to robots or call centers. Can I talk to a real person when I need to?
Find Out HereHow will you work with my customers to collect their money?
Find Out HereWill I be able to keep track of collections from my end?
Find Out HereI’m not familiar with your company. How do I know you’ll be in business when I need it?
Find Out HereCan my company use factoring?
Find Out HereIf you've ever wished you could get paid right away for the freight bills you send to your customers, which often have a waiting period of 30-60 days or more, your wish can come true! Our trucking factoring company offers you the opportunity to receive an advance of up to 100% of the payment when you need it, without any funds being held in reserve. We take on the responsibility of collecting the payment from your customers, allowing you to concentrate on other important areas of running your trucking business. Once your customer pays the bill, we refund the remaining 3-15% reserve balance to you, after deducting the factoring fee. It's important to note that this is not a loan, so there's no debt involved. You can put that money to work immediately to fuel the growth of your trucking business.
Back to the TopWe have a long-standing presence in the industry, having started our journey in 1979. Unlike publicly traded companies, we are privately owned and have a solid financial footing. We have successfully navigated through economic downturns that have caused other businesses to falter. We understand firsthand the challenges that come with tough times. Our commitment is to assist you in making sound financial decisions, whether the times are good or bad. You can rely on us to be there, supporting your trucking business and ensuring its smooth operation and strength.
Back to the TopWe have a long-standing presence in the industry, having started our journey in 1979. Unlike publicly traded companies, we are privately owned and have a solid financial footing. We have successfully navigated through economic downturns that have caused other businesses to falter. We understand firsthand the challenges that come with tough times. Our commitment is to assist you in making sound financial decisions, whether the times are good or bad. You can rely on us to be there, supporting your trucking business and ensuring its smooth operation and strength.
Be certain that you're making a sound decision when you choose our factoring company. We've been supporting businesses in different industries since 1979. If your needs exceed our offerings, we've got a vast network of resources to help you find the perfect match. You'll love our adaptability and our ability to connect your specific needs to the right funding source. We surpass our competition by offering a personalized and efficient service.
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We partner with trucking companies, regardless of their size or age. Small businesses play a vital role in maintaining the strength of our economy.
Back to the TopIf you transport shipments for reliable companies and want to avoid delayed payments, factoring can provide a valuable option. If your customers consistently meet your payment terms, factoring is advantageous.
Back to the TopYou bet! If you have a payment plan established with the IRS, we can likely offer our support.
Sure, if the UCC has your unpaid invoices as collateral, we'll need the lender to agree to lower its priority or terminate it to allow for factoring. Factoring requires having the UCC in the top position for your unpaid invoices. We can support you in navigating that process.
Back to the TopNo problem! Unlike most companies, we're upfront about our fees and rates right from the start. Our factoring rates are highly competitive within the industry and depend on factors like the number of trucks you run, the volume of business you want to factor, the type of loads you handle, and any risks tied to your customers. We provide funding through ACH, wire transfer, and electronic invoice submission. Each of these options has a small fee associated with it, which we'll clearly explain in our factoring proposal. We don't charge any setup fees like other companies do, and there are no monthly minimum fees or any additional charges either.
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No need to meet any minimum requirements! You have complete flexibility in choosing the invoices you want us to assist you with. Plus, our agreements can start from as short as 90 days. Our factoring program is like having a credit card in your wallet, available for use whenever necessary. Give us a call now and let's start the process today!
Back to the TopNah, you're in control of the accounts you want to factor. It's up to you to choose which invoices you want to submit for funding whenever you feel like it.
Back to the TopComplete an easy-to-use online application and submit the required paperwork, such as proof of insurance, a scanned copy of your driver's license, legal documentation like Articles of Incorporation or Fictitious Business Name Statement (DBA filing), a copy of your W-form, and possibly a few more documents depending on the scale of your business. Generally, you'll receive a proposal within 2hours, and the entire process, from start to funding, typically takes around to days.
Back to the TopEnsure that your business is officially organized (Corporation, LLC, sole proprietor) with the appropriate authority (DOT or MC) and insurance. Additionally, assess the creditworthiness of your customers.
Back to the TopYou provide us with the necessary paperwork, including your invoice, bill of lading, load confirmation, and any relevant supporting documents.
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Definitely! We're a private company run by entrepreneurs who've been in your position. We understand your difficulties and are dedicated to helping you every step of the way. We listen to your circumstances and create a personalized plan for your business. Contact us today for a no-pressure chat!
Back to the TopYou can count on it! When you come on board with us, we'll pair you with a dedicated Account Executive who will take the time to understand your business inside and out. This personalized approach enables us to offer you support and guidance that sets us apart from the competition.
Back to the TopWhen it comes to communicating with your customers, we do so in a professional and respectful manner, recognizing the value of these connections for your business. It's important to emphasize that we are not a collection agency. Instead, we assume the role of your Credit and Collections Department for factored invoices. This entails making phone calls on your behalf to monitor payment statuses, documenting check dates that we can provide you with, and conveying any pertinent messages. Ultimately, our goal is to enhance efficiency and enable you and your team to focus on key priorities.
Back to the TopSure thing! You'll have online access to aging reports, and we'll keep you up to date on any collection concerns so that there are no surprises.
Our team brings deep credit expertise and resources to the table. We offer real-time credit checks on brokers' creditworthiness, giving you the insight needed to choose the right loads. This valuable information helps you proactively manage payment trends and avoid bad debt write-offs, ensuring the smooth operation of your business.
Back to the TopTransportation companies depend on our factoring service to streamline their cash flow and improve their financial standing. Starting is simple—give us a call, and we'll guide you through the process step by step.
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Arvada, Colorado
