|
 Is
your Trucking Company growing faster than your
Cash Flow?
At 1st
Commercial Credit, we can help.
Call Now
1 800 450
9653
Why do trucking 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. (No Hidden
Fees)
-
We
accept 1 truck operators, credit lines up to $10
million for larger fleets.
-
We
provide customer references upon your request.
Rates as low as 1.59%
for small to mid size trucking companies. We offer very
competitive rates with pricing structures starting as low as Prime Rate plus 2%
for large fleets. Rates are subject to type of trucking industry
and monthly sales volume. If you are factoring right now and
feel you are paying too much with your current finance company, please call us with no obligation
and see if we can save you money.
For details Call
1 (800) 450 9653
or
Request a Quote Online
Features and Benefits of
our funding program:
-
No financials needed. No up-front fees to set up.
-
Free same day credit
analysis and credit checks.
-
Free online
reporting and access to account.
-
Reserves available
on a daily basis.
Who Qualifies for Factoring?
What is
the process?
Frequently Asked Questions
Articles about Factoring
Recent Factoring Transactions
Free Load Board
Factoring Freight
Brokers
Factoring Intermodal/Containers
Request a proposal with no obligation at
1 800 450 9653
or click
here to
Request
a Factoring Rate now!
At 1st Commercial Credit, factoring transportation and
trucking receivables is a very simple process. Representing
over 50 years experience in financing the trucking and
transportation industry.
Most of our trucking clients are:
-
(a) fast growing
transport companies
whose past earnings and sales histories will not justify the increased
borrowing.
-
(b) start-up operations with
no financing base to rely upon or
-
(c) companies with seasonal
or uneven sales patterns.
-
(d) Principals with bad
credit and cannot obtain traditional financing.
What type
of transport companies qualify for this type of funding service?
Our customers may vary in size from
1 truck owner-operators to large companies with more than
2000 trucks. We can factor small companies with needs of only $1,000 a month
and up to $12 million for
larger companies.
How
does Factoring Trucking Work? Click here
Why do
transportation
and trucking companies benefit by financing accounts
receivable with us?
-
The use of back-office
support for collections and mailing out your invoices
sometimes offset the financing fees or decrease internal
overhead related cost..
-
Free credit analysis and collection assistance to
prevent bad debt.
-
Free Reports and statements of your account status via
internet.
-
Can provide funding for both Canadian and U.S.
customers.
-
Credit line based on percentage of eligible
accounts receivable.
-
Easy to understand financing fees.
-
Invoices funded within 24hrs.
-
Eliminate the need for bank loans or SBA loans.
-
Funding can take place in 3 to 5 working days.
-
Start up trucking
companies welcomed.
What is needed to finance
receivables for a transportation or trucking company?
-
You send the original invoices (freight
bills) with any other documentation required by your
customer for billing.
-
The
invoice is verified and then the advance is funded, typically
85%
to 90% of the invoice depending on the credit worthiness of your
customers. Funds will be advanced within 24hrs. following
verification of the invoices. This is usually completed the same
day that they are received.
The
balance of the advance is called the "Reserve". The
reserve is held back until the customer pays the invoice in
full.
-
Payment
of the invoices are made directly to us from your customers.
Once received, the reserve is paid to you minus the discount
fee.
-
At your option, the funds are sent
via wire transfer or ACH.
-
Credit
approval for new accounts is easy. All is needed is the name
and address of the customer.
-
Due diligence of liens and pending lawsuits of your company will
be performed prior to funding.
Don't
wait, you could lose out on business opportunities
without adequate funding in place.
Request
a factoring proposal now
with
no obligation and see if this program is right for you.
Article:
Call Now and Request a Proposal
with no obligation
Toll Free
1 800 450 9653
Available 24hrs. a day - 7 days
a week
Click here
to submit Transportation/Trucking
Factoring Application
We can factor all trucking and
transportation industries:
| TRUCKING-LIVESTOCK |
TRUCKING- COMMODITY |
| TRUCKING-DISPATCH SERVICE |
TRUCKING-GRAIN |
| TRUCKING LOCAL WITH STORAGE |
TRUCKING-HEAVY HAULING |
| TRUCKING CONSULTANTS |
TRUCKING-LIQUID & DRY BULK |
| TRUCKING MANAGEMENT |
TRUCKING-LOCAL CARTAGE |
| TRUCKING OIL FIELD |
TRUCKING-MOTOR FREIGHT |
| TRUCKING-CONTAINERIZED FREIGHT |
TRUCKING-OVER DIMENSIONAL LOAD |
| TRUCKING-CONTRACT HAULING |
TRUCKING-REFRIGERATED |
| TRUCKING-DUMP |
TRUCKING-SAND & GRAVEL |
| TRUCKING-OWNER-OPERATORS |
TRUCKING-TRANSPORTATION BROKERS |
| TRANSPORTATION-PASSENGER-TOUR BUS |
TRANSPORTATION-AIR FREIGHT |
| TRANSPORTATION-FREIGHT TRAIN LOAD |
TRANSPORTATION-INTERMODAL |
We are currently factoring trucking receivables in the
following states: Alabama, Alaska, Arizona, Arkansas,
California, Colorado, Connecticut, Delaware, Florida, Georgia,
Hawaii, Idaho State, Illinois, Indiana, Iowa, Kansas, Kentucky,
Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota,
Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire,
New Jersey, New Mexico, New York, North Carolina, North Dakota,
Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South
Carolina, South Dakota, Tennessee, Texas, Utah, Vermont,
Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
What is the
process to get started?
-
Submit Application /
Documents.
-
Sign Factoring Agreement.
-
Submit invoice for products
sold or services rendered.
-
Receive immediate cash upon
verification of invoices.
Please fill out the form
below. An account representative will email you a
proposal followed up by a phone call to discuss and answer any questions you may have about our
factoring programs. You may also call to request a
proposal by phone 24/7 for your convenience at
1 800 450 9653.
Initial set-up and funding can take up to 3 to 5 working
days.
FreightBill Cash (SM),
InterGlobeCarrier (SM) Factoring Finance, and 1st Commercial
Credit (SM) are trademarks of 1st Commercial Credit, LLC.
Free Freight Matching Services
|
