Freight Factoring Companies

Why Trucking Business
Select Us

Highest MONEY
(around 97%)

We provide the greatest
advancements in the
account receivable funding business.

Since we use our
personal cash
Our competitors are limited
by their banks

LOWEST account receivable funding RATES

Factoring trucking pioneer;
We have the least expensive
trucking factoring rates
in the market

How ?
Due to the fact that we use
our personal funds.
Our competitors are restricted
by their banks.


With over 106 YEARS combined experience in factoring for the trucking industry. Our understanding and experience makes it possible for us to have a working
understanding of the special needs
you look at each day.

You may factor all of your accounts or you could prefer to sell simply a few. Essentially, you can easily customize your personal account!

AllDay/All Night Online account administration resources
Our on-line solutions allow you to see your reports as well as collection activities updated everyday.

Startup firms
are wanted.

Startups Are Our Specialty!
Did you just receive your authority? Heading out on your very own? If your trucking company is merely getting started, you've come to the best company.

We can help you pinpoint quality clients, enhance your credit rating with good cashflow, and have our account representatives expertly represent your business.

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Factoring Companies freight factoring company

Freight Factoring Company In New York

Just what is  account receivable funding ?

Receivable financing, even understood as account receivable funding is a technique utilized by companies to transform sales on credit phrases for instant capital. Financing accounts receivable has actually turned the favored economic tool in acquiring pliable working resources for companies of all sizes. The receivable line of credit is figured out by the economic durability of the customer (Purchaser), not the client (The seller of the receivables).


Fast as well as Easy Arrangement , Collection up your
account in 3 to 5   functioning days

We focus on reviewing and financing accounts receivable and may make a timely choice within a day. This monetary remedy involves very little underwriting. The approval process is basic and we could quicken initial funding in 3 to 5 operating days. Our clients can delight in the conveniences of our punctual service as well as begin to utilize their funds within days of finishing an application


Cash Advance / Reserve.

This kind of account receivable funding is without a doubt the most commonly exercised. Upon taking title to invoices, the factoring loans company right away pays to the client a percentage of their overall stated value. This repayment (called the advance ) normally drops between 70% as well as 85%, but might go as reduced as 50% or less (for example, in the situation of building or third - event health care invoices), or as good as 90%. After successful collection of payment from the account debtors, the freight bill factoring companies ultimately remits the balance of the invoice quantity (s) (typically called the reserve ) to the customer, minus the factor gained fees.
More Information

There service offers the accounts receivable factoring company with available funds from which to attract its charges, and also provides a buffer from defaults by clients and also / or account debtors.

Some factoring companies do not hold off a reserve balance, however rather cash advancement the whole entire invoice stated value, much less maximum account receivable fundingfees, at the time of investment. This technique is not prevalent, nonetheless, since a lot of factoring companies of this kind like to keep the security that reserves offer.

New York Freight Factoring Companies

Advance / reserve factors typically structure their charges as an first discount rate (typically varying between 1. 5% and 5% of invoice face value), followed by succeeding rises arranged over the length of the real collection time span.  

The collection time span begins on the day that the variable cash advancement funds to the client (which is not always the same as the invoice date), and is generally divided into windows or time bands of equal duration. Windows most normally happen in 15 - day increments, although 7 -, 10 - or 30 - day increments are not unheard of. The initial discount generally enhances by one or two portion points at each novice window.
A traditional cash advancement / reserve deal, consequently, might be structured as complies with.

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Transportation Factoring Companies in New York aiding in their beginning years of trade, as well as firms that are having tremendous growth requiring quick cash. New York account receivable funding is a Transportation Factoring Companies that Provides a wide range financial services

Truckers Over And Over Again
Choose Us for Their Transportation Factoring Companies Needs

We have actually been supplying account receivable funding solutions
all over the country for many, many years and also have clients in hundreds of industries.

We recognize that to be effective
in Trucking, you need money.
Money for pay-roll, overhead expenses,
taxes or just alleviate the monetary worries
experienced in the course of swift growth durations

You can rely on
us for fast as well as friendly solutions.
We have the ability to purchase your receivables as well as get the cash to you within 12 to 24 hours

As our client you are designated one account administrator who will personally manage all of your account activity as well as questions.

This provides us the capability to buy your receivables as well as get the cash to you within 12 to 24 hrs.

Having one account supervisor be responsible for
your account additionally makes it uncomplicated for you to determine which invoices you are going to sell as well as when you desire to offer those invoices.

Additional Reasons Why
Trucking Firms
Select Our Transportation Factoring Companies Solutions

circle03_skyblue.gif Same Day Funding

circle03_skyblue.gif Advance Rates that
  Exceed Field Norms
  by 20%
We offer cash advancements rates up to 97%
The traditional max in the market is 80%.
We can easily provide you greater advances because
of our one-of-a-kind funding capabilities

circle03_skyblue.gif Flexible Contracts -

We provide you with deals
that fulfill your cash flow requirements, not ours.

Unlike the others, we do not make you sign long - term arrangements and we don't
charge you charges when you are inactive.

circle03_skyblue.gif Invoice Processing
Not only can we offer you the most
state-of-the-art technolgy but we additionally preserve
the old - fashioned systems because
every client has different necessities.

Unlike the Competition, our objective right here
is not to force you to conform to us,
but to get you the money you require
in the quickest and also most
efficient way

Please get in touch with us today

and our seasoned truck factoring
specialists will help you
with obtaining the funding you need


Email Us

or complete the

On - Line Factoring Request Form



factoring company Provides account receivable funding to all states:

Freight Factoring Company In New York

Phone call our
account receivable funding Experts at
1-888-239-9162 or
E-mail Us
or complete the
Trucking Factoring Request Form


Unlike other New York Transportation Factoring Companies, makes receivable financing easy to obtain with minimal paperwork.

We are not like the other factoring companies
,'s objective here
is not to force
your business to conform to us,
but to get you the cash you need
in the most stress-free manner.

All Types of Freight And Trucking firms
 that use account receivable funding  firms
 in New York

Heavy Haul | Tanker | Refrigerated | Flatbed | Dump | Container | Parcel | Marine | LTL | Livestock | | Household Goods | Tanker

A contract provider joins into a bilateral contract with the shipper or consignee for transport services.

The arrangement determines the services to be provided, the items delivered, the forecasted tonnage and the fees charged.
Agreements are to have a certain termination day, not going beyond one year.
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The contract can easily be revived by amendment. The agreement carrier could give freight fees which are reduced than a common service provider s published toll since the fee will certainly be based upon the projected tonnage of freight for the year.
Owner - operators - An manager - operator owns and runs his or her very own van (that is, tractor - trailer or bobtail). The manager - agent should have operating licenses from the ICC and PUC. A prime service provider may hire them as subhaulers. Earnings made is a portion of the freight invoice readied by the prime provider.
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Subhaulers - A subhauler is an manager - agent of a singular tractor or could have a squadron of tractors which are leased to prime service providers. A subhauler with a squadron of cars could be liable for work taxes on the drivers of thoseautomobiles. Income acquired is a percentage of the freight invoice prepped by the prime provider.

Porthaulers - An manager - operator whose primary route is to pick up freight from the port and also to transport the full, sealed container to the terminal of the prime carrier or rest - bulk broker. Porthaulers are generally paid a even price for each container transported.

More Reasons Why
Companies Choose freight factoring company Many Unique Services

Freight Broker | Freight Forwarder | Shipper's Agent | The shipper's representative is a bonafide agent of the shipper who performs the shipper's transportation feature. The shipper's representative arranges for as well as courses the transport of items from one point to one more. Additional obligations might consist of the negotiation of cases as well as payment of the provider s freight invoices. Ultimate paymentof freight statements, nevertheless, is the obligation of the shipper.

Freight forwarders often concentrate on the kind of freight moved as well as the type of transportation carriers utilized. This provides them with know-how in handling the documents involved with particular types of transactions.

Various other New York trucking factoring business require you to sign a restrictivecontract that ranges from 6 months to 1 year or longer.
And also they call for you to sell your invoices with them in the course of that entire time. Provides account receivable funding to all industries:

New York Freight Factoring Companies

account receivable funding vs. Bank Loans

So, why not just visit the pleasant banker for a loan to alleviate capital problems ? A loan could be tough if not inconceivable to receive, especially for a youthful, good - growth task, because bankers are not expected to lower loaning restrictions soon. The connections between businesses as well as their bankers are not as tough or as trustworthy as they used to be.  Continue

The impact of a loan is a lot different than that of the account receivable funding procedure on a company. A loan areas a financial obligation on your business balance sheet, which costs you passion. By comparison, factoring places money in the financial institution without the creation of any responsibility. Regularly, the account receivable funding discount will definitely be less than the present loan interest rate.

Loans are largely based on the debtor economic stability, whereas account receivable funding is a lot more thinking about the strength of the customer consumers and not the client business itself. This is a actual plus for brand-new businesses without established performance history.


There are lots of situations where account receivable funding could help a business satisfy its capital needs. It provides a continuing source of functioning capital without sustaining personal debt, which may lead to growth chances that significantly boost the bottom line. Basically any sort of business may take advantage of account receivable funding as part of its overall operating approach.
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Every excellent businessperson need to comprehend the principle and advantages of account receivable funding in order to work as successfully as possible. The abiding by chart could assist you understand the differences in between account receivable funding and some other sources of financing

firms  that use account receivable funding  firms


account receivable funding is typically used by trucking firms.

    • Trucking �Management
    • Trucking �Local With Storage
    • Trucking -Dispatch Service
    • Trucking -Livestock
    • Trucking-Intermodal Drayage
    • Trucking-Air Freight
    • Trucking -Trucking Brokers
    • Trucking -Sand & Gravel
    • Trucking -Refrigerated
    • Trucking -Over Dimensional Load
    • Trucking -Motor Freight
    • Trucking -Local Cartage
    • Trucking -Liquid & Dry Bulk
    • Trucking -Heavy Hauling
    • Trucking -Grain
    • Trucking -Commodity
    • Trucking-Freight Train Load
    • Trucking-Passenger-Tour Bus
    • Trucking -Owner Operations
    • Trucking-Dump
    • Trucking -Contract Hauling
    • Trucking -Containerized Freight
    • Trucking �Oil Field
    •  Trucking �Consultants

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Oilfield Services That Use account receivable funding  firms in New York:

  • Pit Clean Up
  • Tank & Pipe Cleaning
  • Flowback Testing
  • Fishing Services
  • Drillers
  • Well Servicing
  • Environmental Clean Up
  • Wireline Services
  • Roustabouts
  • Slickline Services
  • Testing Services
  • And More
  • Acidizing & Cementing
  • Welding Services
  • Plugging Contractors

    Oilfield Trucking Services account receivable funding  firms in New York:

  • Winch Trucks
  • Vacuum Trucks
  • Frac Sand Haulers
  • Haz Mat Hauling
  • Hot Shots
  • Gravel Haulers
  • Mud Haulers
  • Rig Movers
  • Water Haulers
  • Dump Trucks
  • Pipe Haulers
  • And More
  • Flatbed Carriers
  • Equipment Haulers
  • Crude Haulers

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    We are currently providing Transportation Factoring Companies services nationwide including 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.

    Fuel / Debit Card Plan Particulars

    • The fuel card is accepted as money at all places.
    • 40,000 offered sites, consisting of Flying J, Petro, Pilot,
      Travel Centers, Wilco, and Loves.
    • Special Negotiated fuel refunds Petro
      and Pilot ($.01 per gallon).
    • The capabilities of the plan are endless.
      The card (s) can
      be utilized for fuel purchases, money, oil / additives,
      tire purchases as well as repairs,
      minor truck repairs, vehicle washes, oil changes, etc.
      The program is individualized to fit your unique needs.
    • Low transaction cost that stays the
      exact same no matter the item
      being bought, the dollar quantity
      of the transaction or the site of acquisition.
    • Detailed day-to-day or once a week records for costs and also driver
      tracking & internet accessibility upon request.
    • Your account is assigned a Personal Recognition Number (PIN),
      which allows 24 - hr accessibility to your account.
    • Outstanding personalized customer service straight
      from the professional team of CTS