Being in charge of a trucking fleet, I'm well aware of the many challenges we face in this industry. It's not just about customers who take a long time to pay; there's a whole lot more to it. We have to deal with tough competition, fuel costs that keep changing, and the constant struggle to find reliable drivers. Running a profitable trucking business feels like walking through a dangerous field. On top of that, we have to pay for maintenance, manage how much we can transport, and make sure we provide great customer service. It's clear that we need solid financial support to stay afloat.
That's why I'm currently on the lookout for a reliable factoring company. A good factoring company can provide us with immediate cash to keep our operations running smoothly, even when our customers are taking their time to pay. Finding the right factoring partner could completely transform our business, relieving many of the pressures we face on a daily basis.
But here's the challenge: there are so many factoring companies to choose from, and finding the right one feels like searching for a needle in a haystack. It's crucial to find a company that truly understands the unique demands and limitations of the trucking industry. I'm looking for a factoring partner that offers competitive rates, has a straightforward process, and, most importantly, can deliver funds promptly when we need them.
Despite the overwhelming number of options, I'm determined to find the perfect match for our needs. With the right factoring company on our side, we can address many of the concerns that come with running a trucking business. This will ensure that we can continue providing excellent service to our customers, maintaining our fleet, and staying ahead in this highly competitive industry.
In a market filled with trucking factoring companies, each one boasts about their exceptional flexible rates, the absence of long-term contracts, fast payments on the same day or within the same hour, no up-front fees, and no restrictions on monthly minimums or maximums.
Deciding on the perfect invoice trucking factoring company might seem daunting, yet our unparalleled industry knowledge, clear pricing structure, and outstanding commitment to customer satisfaction make it a seamless decision.
With an impressive four decades of hot shot trucking factoring experience, our unrivaled depth of knowledge and expertise allows us to adjust and thrive in the constantly changing financial environment. The trust our clients demonstrate by referring others to us is a testament to our commitment to delivering outstanding service and innovative solutions tailored to your specific needs. Our competitors cannot match our extensive hot shot trucking factoring experience and proven success.
Imagine not having to wait for a month or two to get paid for your freight services. With our factoring service, you can get up to 100% of the invoice amount upfront, and we handle the rest, including collecting payments from your customers. Once they've paid, you receive the remainder, less our factoring fee. It's a no-debt solution that puts cash back into your business quickly.
Dealing with fuel price swings used to leave me feeling stranded, but this factoring company has been my lifeline. Their up-to-100% advance has provided the financial stability to overcome any financial hardship. If you're tired of being high and dry when fuel prices fluctuate, look no further. This factoring company will keep your trucks rolling, no matter the challenges. - Ethan.
When fuel prices experience unexpected fluctuations, you won't be left stranded. Our up-to-100% advance ensures that your trucks will continue running efficiently, regardless of cost changes. Our competition fails to offer this level of financial security.
Keep your profits intact and unscathed by maintenance costs. Our competitive advance rates make it possible for you to maintain your fleet without worrying about customers who are slow to pay. We outrank our competitors by promptly providing the cash you need.
We communicate professionally with your customers, understanding the importance of their relationships to your business. We don't act as a collection agency; rather, we serve as your Credit and Collections Department for factored invoices. Through our services, we make phone calls on your behalf to keep track of payment statuses, monitor check dates, and pass on messages. This allows you and your team to dedicate your attention to more urgent matters.
Your factoring company's skilled collections team has been instrumental in creating a seamless and hassle-free experience for our customers, elevating our business's reputation and fueling growth. - Christopher.
The shortage of competent drivers needn't impede your growth. Our invoice factoring services provide the financial solidity necessary to recruit and keep top talent. We outshine others by offering reliable financial solutions, crucial for your expansion.
Our online platform sets the standard for convenience and transparency in factoring. Manage your services with ease and peace of mind.
Thank you for going above and beyond to ensure we have just the right amount of resources to handle our workload effectively; your factoring services have been indispensable. - Samuel.
What exactly is trucking factoring and how can it help my Colorado Springs business? Is it like a loan? Will I incur any debt?
Find Out HereWhat makes your company any better than any other trucking factoring company?
Find Out HereWhat other advantages do you offer me?
Find Out HereHow do I know if you’re the right company for my Colorado Springs business?
Find Out HereI only have one truck or I’m a start-up. Am I too small for your company?
Find Out HereI have been turned down by banks, will I qualify for factoring?
Find Out HereI have tax liens. Can you help me?
Find Out HereI have a UCC Filing against my company. Can you help me?
Find Out HereCan I know what your fees and rates are up front?
Find Out HereAre there any monthly minimums? What kind of agreement do I need to sign?
Find Out HereI don’t want to factor all my loads. Do I have to give all my invoices to your company?
Find Out Here
“Dealing with fuel price swings used to leave me feeling stranded, but this factoring company has been my lifeline. Their up-to-100% advance has provided the financial stability to overcome any financial hardship. If you're tired of being high and dry when fuel prices fluctuate, look no further. This factoring company will keep your trucks rolling, no matter the challenges. - Ethan.”
What do I need to submit for approval and how long does the process take?
Find Out HereHow am I evaluated in the approval process?
Find Out HereOnce approved, how do I get my money from your company?
Find Out HereHow much of my load will I receive up front, and how soon will I get the money?
Find Out HereThis is all new to me. Are you easy to work with?
Find Out HereI don’t like talking to robots or call centers. Can I talk to a real person when I need to?
Find Out HereHow will you work with my customers to collect their money?
Find Out HereWill I be able to keep track of collections from my end?
Find Out HereI’m not familiar with your company. How do I know you’ll be in business when I need it?
Find Out HereCan my company use factoring?
Find Out HereHave you ever thought about how convenient it would be to receive immediate payment for the freight bills you send to your customers, rather than waiting for 30-60 days or more? Well, you don't have to just imagine it - you can make it a reality! With our trucking factoring company, you can access up to 100% of the payment right when you need it, with no reserve required. We take care of collecting the payment from your customers, allowing you to focus on managing other important aspects of your trucking business. Once your customer pays the bill, we refund the remaining 3-15% reserve balance to you, minus the factoring fee. Remember, this is not a loan, so you won't accumulate any debt. You can use that cash immediately to grow your trucking business.
Back to the TopSince our establishment in 1979, we have been operating in the industry, accumulating years of experience. As a privately owned company, we have maintained a strong financial position, allowing us to endure economic downturns that have caused other businesses to crumble. We understand the challenges that arise during tough times. Our goal is to guide you in making sound financial decisions, whether the times are favorable or challenging. You can rely on us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.
Back to the TopSince our establishment in 1979, we have been operating in the industry, accumulating years of experience. As a privately owned company, we have maintained a strong financial position, allowing us to endure economic downturns that have caused other businesses to crumble. We understand the challenges that arise during tough times. Our goal is to guide you in making sound financial decisions, whether the times are favorable or challenging. You can rely on us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.
Take comfort in knowing that you're making an informed decision when selecting our factoring company. We've been financing businesses across a wide range of sectors since 1979. If your needs exceed our services, we have a comprehensive network of resources that can help you find the perfect match for your business. You'll love our flexibility and our knack for matching your needs to the right funding source. We lead the industry with our adaptable and personalized solutions.
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We partner with trucking companies, irrespective of their scale or age. Small businesses act as the adhesive that ensures the stability and prosperity of our economy.
Back to the TopIf you carry goods for creditworthy companies and prefer not to wait for your payment, factoring can help. If your customers have a history of paying on time, factoring is worth considering.
Back to the TopDefinitely! If you've set up an agreement with the IRS to make payments, we may be able to offer our assistance.
Absolutely, if the UCC is using your outstanding invoices as security, we'll need the lender to agree to make it less important or terminate it to facilitate factoring. Factoring necessitates having the first-place standing with the UCC for your outstanding invoices. We can help you through that process.
Back to the TopNo worries! Unlike most companies, we believe in providing clear and honest information about our fees and rates. Our factoring rates are really competitive in the industry and depend on factors such as the number of trucks you have, the volume of business you want to factor, the types of loads, and any potential risks tied to your customers. We offer funding options through ACH, wire transfer, and electronic invoice submission. Each of these choices carries a small fee, which we'll always clearly explain when we present our factoring proposal. We don't charge any setup fees like the others. Furthermore, there are no monthly minimum fees or any other types of charges from us.
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No minimum obligations! You have the liberty to choose which invoices you want us to assist you with. Moreover, our agreements can start from as short as 90 days. Our factoring program is like carrying a credit card in your wallet, always ready to be used. Get in touch with us now and let's initiate the process!
Back to the TopNo problem at all, you have the freedom to decide which accounts you want to factor. You have the choice to select the invoices you want to submit for funding whenever you please.
Back to the TopFill out a quick online form and provide: proof of insurance; a photocopy of your driver's license; official documents like Articles of Incorporation or Fictitious Business Name Statement (DBA filing); a copy of your W-form; and perhaps a couple of additional documents depending on the scope of your business. Usually, you can expect to receive a proposal within 2hours, and the overall process, from initiation to funding, typically takes around to days.
Back to the TopEnsure that your business is officially organized (Corporation, LLC, sole proprietor) with the appropriate authority (DOT or MC) and insurance. Additionally, assess the creditworthiness of your customers.
Back to the TopYou send us the requested documents, including your invoice, bill of lading, load confirmation, and any supporting paperwork.
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Yes indeed! Our privately-owned company comprises of like-minded entrepreneurs who've been in your shoes. We understand your struggles and are committed to supporting you every step of the way. We take the time to comprehend your unique needs and tailor a plan for your business. Reach out to us today for a hassle-free chat!
Back to the TopAbsolutely! When you join our network, you'll have a dedicated Account Executive who will become deeply familiar with your business. This personalized attention allows us to provide you with tailored assistance that others cannot replicate.
Back to the TopWhen it comes to dealing with your customers, we always maintain a professional approach, understanding the significance of these relationships for your business. It's crucial to distinguish ourselves from collection agencies. Our responsibilities include making phone calls on your behalf to check payment statuses, keeping track of check dates that we can share with you, and delivering any messages. Essentially, we act as your dedicated Credit and Collections Department for factored invoices, enabling you and your team to focus on more impactful activities.
Back to the TopYou bet! You'll have online access to aging reports, and we'll make sure you're aware of any collection matters to avoid any surprises.
We are committed to leveraging cutting-edge technology to expedite the funding process. This includes electronic invoice submission, online reports, credit checks, and other emerging methods that streamline operations and reduce costs. Our efficient processes enable us to offer lower rates compared to most other companies. Contact us today, and we'll demonstrate the unique advantages we offer that set us apart from the rest.
Back to the TopCompanies in the transportation industry, big or small, rely on our factoring service to increase their cash flow and strengthen their bottom line. Getting started is a breeze—just give us a call, and we'll fill you in on all the specifics.
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Colorado Springs, Colorado
