Truck Factoring - For Freight Brokers
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"I will go to my grave telling people that we would not be here today had it not been for Advance Business Capital."
David Bell, Cargo Transportation Services. |
There are over 50,000 intermediaries on file with the U.S. Department of Transportation. Most have lost their authority. Less than 6,000 receive the credit they deserve. We can help.
Advance Business Capital is the leading provider of factoring services to freight brokers - and the only freight factoring company recognized as a P3 (Platinum Performance Provider) by the Transportation Intermediaries Association.
Why Cash Flow Roulette is a Losing Game for Freight Brokers.
The business life cycle is painful and predictable for most new freight brokers.
- Shippers pay slowly …
- Carriers are then paid slower, if at all …
- Broker’s credit ratings decline …
- Revenues plummet as Broker loses ability to attract quality carriers
- Margins evaporate with deteriorating credit rating
Capacity, Credibility and Visibility.
As a TransCore Marketing Partner, Advance Business Capital can ensure that your loads will be "approved for truck factoring" on the nation’s largest load matching services – including TruckersEdge®, DAT® and 3Sixty® Freight Matching. Over 4 millions loads are posted on TransCore sites every year, and our freight broker factoring clients are always highlighted with preferred credit status.
Freight Bill Factoring Tailored to Fit Your Business Model.
We don't want to run your business – we just want to help you grow it. Our freight broker factoring clients determine when and how their carriers are to be paid … and Advance Business Capital makes sure it happens. We can offer your carriers Quick Pay programs with a variety of payment options. Our low, low Volume-Flex factoring fees makes this an offer you shouldn't refuse:
- Immediate Cash for Invoices
- Less Headache
- Customizable Carrier Payment Options
- Quick Pay programs that offset factoring fees
- Capacity, Credit and Credibility
- Online Reporting and Account Management
- No Risk Contracts