Freight Factoring Company- Freight Bill Factoring
Specializing in Small Carrier Factoring
Pay4Freight.com, a freight factoring company based in Lewisville, Texas, is your transportation company consultant. Our focus is to work directly with small trucking companies and owner operators, so they can compete equally in the transportation marketplace. Our specialists take pride in providing you the best freight factoring services in the industry.
Increase Cash Flow The First 12 Months In Business with Freight Bill Factoring
Maintaining proper cash flow is always critical to business operations, but during the first 12 months of your new trucking business it is especially difficult to achieve as you have no "track record". You already pay for your truck, insurance, fuel, and overhead expenses. After delivering that first load, you can expect to wait 30 to 45 days or longer to get paid on your freight invoice. One slow paying or uncollectible invoice could make it impossible to purchase fuel to haul that next load. Without enough cash, you could be out of business before you really get started.
Pay4Freight.Com Finances Small Freight Carriers On Faxed Invoices
We'll purchase your freight invoices on the day you deliver your load so you can keep your business running. We offer extremely competitive rates, automated credit checks, and our one of a kind same day funding service on faxed bills of lading. That means you don't have to wait on the mail to deliver your originals before getting funded.
Automated Feedback On The Status Of Your Invoices Via Email
When we process your faxed invoices, we'll send you an email with all the details on its status. You'll no longer have to wonder whether your fax was received or whether you're in for a rude surprise when you're expecting payment because there was an issue processing your invoice. The email you receive from us will give you all the information you need to address an issue or notify you that everything is OK.
Free Online Credit Checks Make Freight Factoring Efficient AND Easy
Our online credit check system gives instant responses so you don't have to wonder whether your invoice will be approved. Our freight bill factoring system is custom designed for small carriers. If your credit check is approved, we guarantee this approval for 72 hours. Exceptions to this would be: if we receive a credit alert from our credit sources showing a material slowness in the account's payment history, non-payment complaints being reported, a loss of broker authority, notice of bankruptcy, or out of business. Our competitors maintain one credit limit per debtor balance so if another carrier gets their documents in before you, your approval might be bumped in favor of that other carrier. At Pay4Freight.com, that doesn't happen.