Factoring in the Intermodal Hauling Industry?

Get initial funding in 3 to 5 working days!

Customized factoring rates for intermodal haulage companies

 We Make Same Day Decisions!

Call now for details at 1 866 524 8080 or Request a Quote Online

Why do Intermodal companies choose us?

• We know your industry.

• We are flexible in approvals and make same day decisions.

• We keep it simple - No financials needed, No up-front fees to set up.

• We provide cash flow to trucking companies every day.

• We have affordable factoring rates for all size trucking companies.

• We accept 1 truck operators, credit lines up to $10 million for larger fleets.

• We provide customer references upon your request.

• We set up your initial funding in 3 to 5 working days.

• We provide 15 Minute credit checks for new loads.

Other Reasons:

• Instant Cash Flow for your Freight Company.

• Haul more loads by granting credit terms to new customers.

• No need to borrow money for fuel, payroll, permits or other expenses.

• Same day funding ( or within 24 hrs.) on credit approved shippers or brokers

Most of our clients are either:

• fast growing freight companies whose past earnings and
  sales histories will not justify the increased borrowing.

• start-up operations with no financing base to rely upon or companies with seasonal or uneven sales patterns.

• Principals with bad credit and cannot obtain traditional financing.

Call now for details at 1 866 524 8080 or

Challenges we face factoring the intermodal industry

Intermodal transportation is a type of international freight system that permits shipments by sea, highway, rail, and air. When the shipment is sent by sea (and factoring is your primary source of funding), the factoring company’s client is responsible for retrieving the container from the steamship. From there, the transaction may take on one of three forms:

• 1st Form

  • A delivery order (DO) is transmitted to a trucking company that specializes in hauling containers.

  • The trucking company receives the delivery order and their driver picks up a container from a shipyard.

  • Then the driver receives an interchange (in/out) ticket that shows that he picked up the correct container. This interchange ticket shows the container number and (typically) the chassis number for identification.

  • The trucking company hauls the container to its final destination.

  • The receiver then signs a bill of lading (BOL) from the trucking company that the container is accepted in good condition.

   

• 2nd Form

  • The same scenario as above except the trucking company hauls the container to a rail yard where the container will be transported to its final destination.

  • Instead of a signed bill of lading, a rail ticket is then sent to the factoring company as proof that the container was dropped off at the rail yard. This ticket includes the container number for identification.

• 3rd Form

  • The trucking company receives a delivery order from the steamship line to bring the container(s) back to their port of origination. These containers are assumed empty and returned for future use.

Call now for details at 1 866 524 8080 or

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