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 209-225-2852
If you prefer complete the form below.