Freight Factoring Process - PowerPoint PPT Presentation

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Freight Factoring Process

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Factoring goes by lots of names receivable financing, invoice factoring, trucking factoring but it all means the same thing. Advance Business Capital is the premier factoring company in the trucking industry. ABC offers competitive rates, fast funding and bedrock stability through association with Triumph Commercial Finance. Truckers also appreciate that ABC management includes familiar faces. – PowerPoint PPT presentation

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Title: Freight Factoring Process


1
freight factoring PROCESS
2
WHAT IS FREIGHT FACTORING?
  • Freight Factoring is an alternative lending
    method for trucking and freight companies. When
    situations arise that demand cash, but you cant
    get funding from traditional methods, factoring
    gives you the cash you need.

3
SO HOW DOES IT WORK?
  • Your company will definitely want to avoid the
    negative situations that occur with financial
    troubles. Therefore, you may look towards
    traditional lending institutions. But if you
    dont meet their strict stipulations you wont
    get the cash you need. If you dont have cash at
    the right moment being used in the right areas,
    you cant meet goals. So what does your freight
    firm do?

4
BENEFITS
  • Factoring your freight invoices dodges the
    pitfalls that come with other common financing
    methods like loans. Here are a few
  • No harsh requirements
  • No debt creation
  • No minimums
  • No high interest rates
  • No hidden fees
  • No long approval periods

5
FACTORING STEP-BY-STEP
  • The steps to freight factoring are fast and
    simple. All you need to do is continue to service
    your customers as usual and submit these items
    along with your application
  • 1) Accounts Receivable Aging report
  • 2) Outstanding invoices
  • 3) Articles of Incorporation
  • 4) Your Invoices to Factor

6
Call Us To Inquire About Our Services (866)
368-2482
  • Advance Business Capital LLC  701 Canyon Drive,
    Suite 105 Coppell, Texas 75019
  • Website Url- http//www.cash4truckers.com/
  • Phone-
  • (214) 513-9600
  • Toll Free-
  • (866) 414-9600
  • Facsimile-
  • (214) 269-8222
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