We Accept Copies for Funding - Group Discounts on Fuel
USA & Canada
We Make Same Day Decisions - No Originals Needed - Fuel Advances Available - Set Up In 3 Days
Not all factoring companies for trucking are the same, 1st Commercial Credit is a freight factoring company for all industries. Services include Free Online Credit Checks, Fuel Discounts, Fuel Advances and we accept images for funding.
Industries we Fund:
Reefer - Auto Transporters - Oilfield Services - Heavy Haul - Long Haul - Couriers - Freight Brokers - Intermodal
30 Day Factoring Trucking Rates as low as 0.69% - 1.59%
It has not pledged accounts receivable as collateral.
Dump Truck Hauling
Long-Haul Truck Load, Local Delivery or LTL
Automobile Haulers (case by case basis)
Trucking Factoring Companies are helping with cash flow issues.
Trucking companies that require additional funds for ongoing operations may be able to obtain loans or lines of credit from traditional lending institutions and banks. However, recent economic conditions have led to reduced availability of consumer and business credit throughout the financial marketplace. Banks are unwilling to lend to trucking businesses without excellent credit histories and impeccable financials. These tight credit conditions can leave many smaller trucking companies in an untenable financial situation and can lead to continuing cash flow problems for many trucking companies.
Cash flow problems facing many small trucking companies are related to increased business and added clients in the local and regional marketplaces. By taking on new routes and new clients, smaller firms incur added costs for fuel, labor and trucking equipment. These costs typically cannot be recouped until payment is made for services already delivered. Even with optimal dispatching arrangements, small trucking firms can experience serious cash flow shortfalls due to the necessity of providing services prior to payments being made by clients in the trucking industry.
We can factor all freight logistic and Trucking industries:
TRUCKING HAULAGE-DISPATCH SERVICE
TRUCKING HAULAGE LOCAL WITH STORAGE
TRUCKING HAULAGE CONSULTANTS
TRUCKING HAULAGE MANAGEMENT
TRUCKING HAULAGE OIL FIELD
TRUCKING HAULAGE-CONTAINERIZED FREIGHT
TRUCKING HAULAGE-CONTRACT HAULING
TRUCKING HAULAGE-OWNER OPERATIONS
Trucking-FREIGHT TRAIN LOAD
TRUCKING HAULAGE-HEAVY HAULING
TRUCKING HAULAGE-LIQUID & DRY BULK
TRUCKING HAULAGE-LOCAL CARTAGE
TRUCKING HAULAGE-MOTOR FREIGHT
TRUCKING HAULAGE-OVER DIMENSIONAL LOAD
TRUCKING HAULAGE-SAND & GRAVEL
TRUCKING HAULAGE-Trucking BROKERS
At 1st Commercial Credit, we have account representatives specializing in trucking and transportation businesses. Whether your trucking company is running dry vans, reefers, or flatbeds, you must be successful at managing these challenges:
Maximizing cash flow
Avoid doing business with slow paying account
Minimizing uncollectible accounts
These challenges are our primary focus. In addition to factoring your freight bills within 24 hours, we can provide pre-screening of your new or existing freight brokers or shipper accounts, collect your receivables, and provide you with easy to understand, real-time, on-line access to all your factoring data.
1st Commercial Credit is a freight factoring company that offers receivable financing for the transportation industry. Services may include but are not limited to trucking, air freight, local delivery and freight brokers in the USA, Canada and the United Kingdom.