How Does Freight Bill Factoring Work?
Freight bill factoring is easy to use and widely accepted in the transportation industry. Here is how it works:
You submit a freight bill that you want to finance to us
We advance you between 75% - 90% (sometimes more!) of the invoice/bill of lading. The remaining (non advanced) funds will be rebated as soon as the invoice is paid by your client
We handle all collection activities
Once the freight bill is paid, then we rebate the remaining reserves, less our fee. Monthly fees are very affordable and range between 1.5% to 5%.
For more information please call us today at 1.855.688.2710.
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