Truck factoring, in which a factoring service buys your accounts receivable by taking a reasonable fee from the amount due that it then sets out to collect, allows truckers to have access to the immediate cash they need for upcoming jobs as well as to pay drivers immediately upon completion of a job.
If an invoice is set to be paid in 30, 45 or 60 days, and a trucker needs immediate cash for fuel bills, truck factoring is the easiest and most reliable way to get that cash, especially if a trucker uses no-recourse factoring services. We offer only no-recourse factoring services, so that our truck factoring takes all of the hassle of collections away from you and lets you do what you do best – trucking.
Even if your client never pays, we do not come back to you and ask you to get involved, let alone to pay back the money which we have advanced you. So long as you delivered everything on time and your client is not contesting your services – and this is most often the case – we deal with all collections procedures which really lets you concentrate on providing the best services, especially in these economic times.
We offer same day approval of faxed invoices for all truck factoring requests – we usually approve even your first order for factoring services within 24 hours. All we offer is truck factoring – we know the trucking industry and we know what you need and when you need it. Our clients are small carriers and owner-operators like you who provide services to small businesses and who need to keep cash flow going at all times without having to deal with banks and their cumbersome procedures and rules for loans and credit approval.
Pay4Freight.com is your one-stop source for truck factoring that keeps your business going. Instead of waiting to be paid and scraping together money to pay your drivers or fuel bills, let us give you the cash we need and let us worry about getting paid. Truck factoring with an expert factoring firm that deals only with small carrier and owner-operator no-recourse factoring, is the best way to make sure you get the cash you need to keep your trucking business going and growing.