Freight Invoice Factoring

 




 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 




 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

Generally, a business that extends credit will have 10 to 20 percent of its annual sales tied up in accounts receivable at any given time. Think for a moment about how much money is tied up in 60 daysí worth of invoices: You cannot pay the power bill or this week's payroll with a customer's invoice, but you can sell that invoice for the cash to meet those obligations.

Factoring is a fast and easy process. The factor buys the invoice at a discount, usually a few percentage points less than the face value of the invoice.

  • freight brokers and commercial transportation companies Invoice Factoring Freight Forwarding company Financing invoices for freight forwarding companies Factoring Healthcare Staffing company Financing
  • invoice factoring freight factoring account receivable factoring Most business bankers are a good referral source for reputable . Bankers refer to factors because they realize that although the customer
  • freight brokers and commercial transportation companies Invoice Factoring Freight Forwarding company Financing invoices for freight forwarding companies Factoring Healthcare Staffing company Financing
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    Freight Invoice Factoring Information
    he Benefits

    Factoring can offer many benefits to cash-hungry companies. Rather than wait 30, 60, 90 days or longer for payment on a product or service that has already been delivered, a business can factor (sell) its receivables for cash at a small discount off the amount of the invoice.

    Payroll, marketing efforts, and working capital are just a few of the business needs that can be met with this instant cash from receivable financing.

    Factoring account receivables provides the means for a manufacturer to replenish inventory and make more products to sell: There is no longer a need to wait for earlier sales to be paid. Factoring is not just a cash management tool for manufacturers: Almost any type of business can benefit from factoring.
    Factoring Principals

    Although factoring deals exclusively with business-to-business transactions, a large percentage of the retail business uses a factoring principal. MasterCard, Visa, and American Express all use a form of factoring in their retail transactions. Using the purest definition of the word, these large consumer finance companies are really just large factors of consumer paper.

    Think about it: You make a purchase at Sears and charge it to your MasterCard. The store gets paid almost immediately, even though you do not make payment until you are ready. For this service, the credit card company charges Sears a fee (typical fees range from two to four percent of the sale).

    Tfactorization, factorisation, factoring -- ((mathematics) the resolution of an integer or polynomial into factors such that when multiplied together they give the integer or polynomial)

        -> resolution, resolving -- (analysis into clear-cut components)

           => factorization, factorisation, factoring -- ((mathematics) the resolution of an integer or polynomial into factors such that when multiplied together they give the integer or polynomial)

           => diagonalization, diagonalisation -- (changing a square matrix to diagonal form (with all non-zero elements on the principal diagonal); "the diagonalization of a normal matrix by a unitary transformation")



    More Truck Factoring Information
     
    Personalized Service
       You have one dedicated person and his
       or her assistant who handle your account.
     
       Unlike the others, with us you don't
       have to start over each time you call 
       with a new person

    circle03_skyblue.gif Please contact us today
       and our seasoned factoring
       specialists will help you
       get the cash you need TODAY

    1-800-986-1854

    Email Us

    or complete the
    On-Line Factoring Request Form

     

     

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  •  
  • (4) cargo, lading, freight, load, loading, payload, shipment, consignment -- (goods carried by a large vehicle)
  • 2. (1) freight, freightage -- (transporting goods commercially at rates cheaper than express rates)
  • 3. freight, freightage, freight rate -- (the charge for transporting something by common carrier; "we pay the freight"; "the freight rate is usually cheaper")
  •  
  • The verb freight has 2 senses (no senses from tagged texts)
  •                                       
  • 1. freight -- (transport commercially as cargo)
  • 2. freight -- (load with goods for transportation)
  • cargo, lading, freight, load, loading, payload, shipment, consignment -- (goods carried by a large vehicle)
  •        => merchandise, ware, product -- (commodities offered for sale; "good business depends on having good merchandise"; "that store offers a variety of products")
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  • Invoice Factoring Companies.The Perfect Alternative To...
    In its simplest form, invoice factoring is the purchase and sale of a company's accounts receivable
  • Invoice Factoring Company Secrets You Never Knew
    Invoice factoring benefits are: Invoice factoring companies will buy the invoices for cash Since this is a purchase, it will not affect the debt-to-income ratio and will actually improve your credit report The purchase will provide cash to purchase supplies; with cash, you can make volume purchases and get a large discount The faster your company grows, the more factoring can help it. This will relieve the your stress about needing cash and being able to pay your bills

  • Freight Factoring. 100% Of What You Need In A....
    Our freight bill factoring customers just submit their freight bills of lading to us and we handle the rest. While many competing freight bill factoring companies hold back a portion of the driver's pay until they get paid, our freight bill factoring program holds back nothing. It's a fixed rate percentage and we pay drivers on the day they submit the bill of lading to us. And unlike some other competing freight bill factoring companies, we have no minimum monthly requirements, either.
    ... freight invoice factoring Factoring for freight brokers ...

  • Discover a New Type Of Factoring Trucking.Unique 97% Advance Rates.
    We offer the highest advances in the factoring trucking industry.How? Because we use our own money. The others are restricted by their banks. Discover a New Type Of Factoring trucking Our factoring trucking company uses our own money, which means we can be more flexible with our factoring trucking company rates
    ... freight invoice factoring Factoring for freight brokers ...
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    Truckers Choose Us
    Again and Again

    We have been providing trucking 
    factoring
    services nationwide for decades
    and have clients in hundreds of industries.
    We understand that to be successful
    in Trucking, you need cash.


    Cash for
     payroll,  overhead expenses,
    taxes or simply relieve the financial burden
    experienced during rapid growth periods


    As a client you are assigned one
    account administrator who will personally
    handle all of your account activity
    and inquiries.
    This gives us the ability to buy
    your receivables and get the
    money to you within 12 to 24 hours.

    Having one person look after
    your account also makes it easy
    for you to decide which invoices
    you are going to sell and when
    you want to sell those invoices.


    More Reasons Why
    Trucking Companies

    Choose Our Factoring Services

    circle03_skyblue.gif Same Day Funding

    circle03_skyblue.gif Advance Rates that Exceed
      Industry Norms by 20%

       We offer cash advance rates up to 97%
       The typical maximum in the industry
       is 80%.
       We can offer you higher advances because
       of our unique financing capabilities


    circle03_skyblue.gif Flexible Contracts-
       We provide you with contracts
       that meet your cash flow needs,not ours.
       

       Unlike the others, we do not make
       you sign long-term contracts and we don't
       charge you fees when you are inactive.

    circle03_skyblue.gif Invoice Processing
       Not only can we offer you the most
       advanced technolgy but we also maintain
       the old-fashioned systems because
       every client has different needs.

       Unlike the Others, our objective here
       is not to force you to conform to us,
       but to get you the cash you need
       in the quickest and most
       efficient manner.

    circle03_skyblue.gif Credit Management Services
      at No Extra Cost
       We provide credit analysis on both
       new and existing accounts. 
       We actually pull credit reports
       from various reporting services that
       we contract with and report back
       to you as to whether or not
       they are creditworthy

    circle03_skyblue.gif Experienced Account Managers
       
    We are seasoned professionals with
       an average of 11years industry
       experience per
    account executive.   
       (Well above the factoring industry
       norm of 2 years)

    circle03_skyblue.gif