Freight Factoring for O/O's & Small Fleets (1-5 Trucks)

With so much competition in today’s trucking industry, if you’re like many owner-operators who are short of cash and tired of pushing their credit limit, factoring may be your solution. Whether your trucking business is a start up or you’ve been in business for a while, if we approve your application for accounts receivable factoring, we’ll provide you with immediate cash for your invoices.

Why delay – let us show you how to catapult your business through freight factoring or as most know it, accounts receivable financing. If you would like to learn more, feel free to fill out the application form and we’ll be happy to conduct a no obligation consultation about freight factoring for your business. Contact us today and get ready to grow your business.

• Experience - At ABC, you’ll be dealing with a staff of experienced professionals, most with longtime truck financing experience. Unlike many factoring companies, our people are trucking veterans. Our CEO, Steven Hausman, is a fourth generation trucker who has himself spent time in the cab. Our Managing Board is made up of prominent and distinguished industry figures, including the heads of four major trucking companies, CEOs of two major transportation finance corporations, the founder of a major transpiration consulting firm, a former president of the American Trucking Association and the onetime Secretary of the United States Department of Transportation.
• P3 Status - We are the first and only freight factoring company to receive Transportation Intermediaries Association’s P3 (Preferred Platinum Provider) performance certification.
  

Straight Forward Details

When you sign up with ABC, you get more than just cash in advance, a lot more. You get online account services, a quick way to check broker credit and access to one of the industry’s top loadboards. Besides freight factoring for carrier fleets, 0/0 & small fleets, we also provide freight broker factoring.

What You Get

• Non-recourse factoring – For small truckers, Non-recourse is the safest kind of factoring. In a nutshell, what it means is we buy your invoices, but if one of your customers fails to pay, we assume the debt, not you. Non-recourse exists because most small truckers don’t have the capital to make good on unpaid debts.
• 100% of what you’re owed – Unlike other factors, we don’t hold back reserves for Non-recourse customers. For example, if your invoice is for $10,000 and our fee is 4.99%, the amount we owe you is $9,501. And that’s what you get, all of it.
• Online services – You have 24/7 access to your Cash4Truckers account. At any time, you can see statements, agings and settlement reports.
• Load matching & credit check - Once your application is approved, you have free access to our proprietary broker credit check, which rates more than 20,000 brokers. You also get a free thirty day trial membership to TruckersEdge®, TransCore’s loadboard, one of the largest in the nation. Now you can search for loads and get credit approval at the same time.
• Fuel card – Our Cash4Truckers fuel card is a convenient way for you to pay for fuel and repairs without carrying cash or a commercial credit card. Your card is prepaid, drawn from our payment for your invoice. It’s your money, so you decide its credit limit. Our card is honored at more than 5,000 locations across the country.
• Fast payment – We have several different ways for you to get your invoices and other paperwork to us: TripPak, FedEx, UPS (or you can deliver them yourself). Whichever way you use, we pay as soon as we receive your original documents.

From the array of factoring services offered on the Internet, Advance Business Capital is the only factoring company to receive P3 (Preferred Platinum Provider) Certification from the Trucking Intermediaries Association. A company receives certification of this caliber only when they have proven to be a well-respected, credible factoring company. Because we’re here to help you make the best accounts receivable truck factoring decisions, feel free to review our website to learn more about our factoring services as well as freight broker factoring. When you’re ready, simply fill out our online form and we’ll get you started with our easy factoring process. If you have any questions about factoring services, feel free to contact us as we are here to help.