Trucking Factoring FOR Evansville COMPANIES

Ever wondered if you could receive immediate payment for the freight bills you send to your customers, rather than waiting for 30-60 days or more? It's not just a dream anymore! Our trucking factoring company enables you to access up to 100% of the payment right when you need it, with no reserve required. We take on the responsibility of collecting the payment from your customers, allowing you to focus on managing other crucial areas of your trucking business. Once your customer pays the bill, we refund the remaining 3-15% reserve balance to you, minus the factoring fee. Keep in mind that this is not a loan, so there's no debt involved. You can immediately utilize that cash to drive the growth and success of your trucking business.

With a legacy spanning more than four decades, our company has been operating since 1979. As a privately owned entity, we possess a stable financial position, allowing us to navigate economic downturns that have spelled disaster for many other businesses. We understand firsthand the challenges that arise during tough times. Our commitment is to provide you with the right financial advice, whether the times are favorable or challenging. You can trust us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.

With a legacy spanning more than four decades, our company has been operating since 1979. As a privately owned entity, we possess a stable financial position, allowing us to navigate economic downturns that have spelled disaster for many other businesses. We understand firsthand the challenges that arise during tough times. Our commitment is to provide you with the right financial advice, whether the times are favorable or challenging. You can trust us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.

Experience our superior offerings and service. Call us today.

You can relax knowing you're making a judicious decision by selecting our factoring company. Since 1979, we've been supporting businesses in a wide range of sectors. If your requirements surpass our capabilities, our extensive network of resources will help you find the right fit from the start. You'll appreciate our flexibility and the way we match your unique needs with the perfect funding resource. Our company outperforms the competition due to our wide network and custom-fit solutions.

We collaborate with trucking companies, regardless of their size or longevity. Small businesses are like the engine that drives our economy forward.

If you transport shipments for reliable companies and want to avoid delays in payment, factoring can offer a straightforward option. If your customers consistently honor your payment terms, factoring is advantageous.

Absolutely! If you and the IRS have an agreement for making payments, we can likely offer our support.

Give us a shout and speak with one of our veteran factoring experts.

Yes, if the UCC holds your invoice payments as collateral, we'll need the lender to agree to put it below or end it to allow for factoring. Factoring requires having the first position with the UCC for your invoice payments. We can help you navigate that process.

No 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.

No strings attached! As a matter of fact, you have the freedom to select the invoices you want us to assist you with. Additionally, we offer agreements that start from as short as 90 days. Our factoring program is like having a credit card in your pocket, ready to be used whenever necessary. Reach out to us now and let's begin without any hesitation!

No problem whatsoever, you have the authority to decide which accounts to factor. It's entirely up to you to choose which invoices you want to submit for funding as often as you need.

Complete a simple online application and provide the required paperwork, including proof of insurance, a scanned copy of your driver's license, official documentation like Articles of Incorporation or Fictitious Business Name Statement (DBA filing), a copy of your W-form, and maybe a few more documents depending on the size of your business. Typically, you can expect to receive a proposal within 2hours, and from start to funding, the whole process usually takes about to days.

Ensure that your business is officially recognized (Corporation, LLC, sole proprietor) with the required authority (DOT or MC) and insurance. Moreover, verify the creditworthiness of your customers.

You provide us with the essential paperwork, like your invoice, bill of lading, load confirmation, and any corresponding backup.

Speak to one of our account representatives and we’ll give you all the information that fits your particular business.

Of course! We're a privately-owned firm built by entrepreneurs just like you. We've experienced similar challenges and we're ready to guide you every step of the way. We listen to your situation and devise a customized strategy for your business. Contact us today to discuss this further without any obligations!

We maintain professional and respectful interactions with your customers, understanding the importance of these connections to the success of your company. It's important to clarify that we are not a collection agency. Rather, we act as your dedicated Credit and Collections Department for factored invoices. This involves making calls on your behalf to check payment statuses, keeping track of check dates that we can share with you, and relaying any necessary messages. Our aim is to simplify the process and allow you to allocate your time and resources more efficiently.

Of course! You'll have convenient online access to aging reports, and we'll ensure you're well-informed about any collection concerns to avoid any unexpected surprises.

find out more about how you can benefit from factoring with Orange commercial credit. call us today.

We prioritize the use of cutting-edge technology to expedite the funding process. This includes electronic invoice submission, online reporting, credit checks, and other emerging methods that enhance efficiency and reduce overhead costs. By embracing these innovative approaches, we can offer you lower rates compared to most other companies. Contact us today to explore the unique advantages we provide that set us apart from the competition.

Factoring is an effective tool for transportation companies of all sizes to enhance their cash flow and optimize their financial performance. Getting started is simple—just get in touch with us, and we'll explain everything in plain language.