Staffing Oil Field Service
Valve Importer PO funding
The high price of gasoline affects everyone, but it hits trucking companies especially hard. For most trucking company owners, the cost of filling up driver gas tanks is the single largest expense they have. Regardless of the cost, your commercial trucks must have fuel so your drivers can deliver goods to your customers. It can be difficult to keep the tanks continually filled when your trucking company is waiting on unpaid invoices. The money your company will receive 30 to 60 days from now doesn't help you buy gas today. If this sounds like a common problem at your trucking company, 1st Commercial Credit can help.
How Freight Factoring Can Keep Your Trucks on the Road
To run a successful trucking business, you must keep your trucks moving most of the time. It is also necessary to acquire new contracts on a regular basis. When you have a cash flow problem, it is difficult to do either one of these things very well. Accounts receivable financing from 1st Commercial Credit is the perfect solution. With this program, we purchase your unpaid invoices and provide you with 80 to 90 percent of the face value immediately. This gives you the freedom to operate and expand your business without any stoppages due to cash flow issues.
The Types of Trucking Businesses We Fund
Our factoring company for trucking has financing programs for small fleets, mid-sized to large fleets and freight brokers. You may request an online quote for your business type by completing a short form on our website. We ask you to list your company name and contact details in addition to the type of trucking company you own and how many power units you operate. You may also provide us with your average monthly sales volume. This allows us to direct you towards the right financing program to meet your trucking company's needs.
We offer factoring loans to owner operators, freight brokers, automotive transporters, dump truck hauling companies, long haul drivers and dozens of other specialties within the trucking industry. After your first receivables loan with us is approved, you never have to worry about not being able to fill your tanks again. Your unpaid receivables are the only collateral you need to obtain a high line of credit with 1st Commercial Credit.
Other Benefits We Offers Our Fleet Factoring Customers
When you choose a financing company for your trucking business, it is important that you select an organization that understands the intricacies of the entire industry. At 1st Commercial Credit, we do everything we can to make your job easier. Besides providing you with cash for your unpaid receivables, we also offer:
If you have never applied for freight factoring before, one of our dedicated account representatives is available online or by phone to answer all of your questions.