Freight Factoring
Freight Factoring
Get Your Invoices Paid Today! Advance up to 90% of Your Unpaid Freight Invoices in 24 Hrs. with Freight Factoring.
WHAT IS FREIGHT FACTORING?
Freight factoring is a great way for owner/operators of transportation companies to get up to 95% of their accounts receivable in cash instead of waiting 30-45 days after carrying a load to receive payment. Freight factoring follows the simple formula of standard invoice factoring. After agreeing to sell their accounts receivable to a factor, the company owner will immediately receive up to 95% of the receivables as an advance in cash. Some factors will hold on to the remaining percentage of receivables as a cash reserve, and will only release the remaining funds on a scheduled basis as the customer makes payments on the invoice. Other Freight Factoring companies will hold on to the reserve as a form of security in the incident of non-payment. At Green Capital Funding, LLC We work with many well-capitalized lenders that are aggressively lending. Many of our clients, companies just like yours, can receive the working capital they need even in today's hard economic times.
At Green Capital Funding, LLC we work with a large network of factors that want to invest in the success of your business. We will develop a strategic partnership with your business and find you the most competitive rates and terms. Many of our clients, companies just like yours, can receive the working capital they need even in today's hard economic times.
Turn your future sales into cash NOW, and gain the working capital and the peace of mind your company needs to succeed. Get a Free Quote Today from Green Capital Funding, LLC.
THE PROCESS
WHO SHOULD APPLY FOR FREIGHT FACTORING?
- Transportation companies that need working capital to pay drivers, purchase fuel and make repairs, and don't want to wait 30-45 days!
- Owner operators with only one truck, or to larger fleets with several hundred trucks.
- Business owners that want to grow their company and take on larger accounts
- Business owners that want the flexibility to extend payment terms to client
BENEFITS OF FREIGHT FACTORING
Speed & Improved Liquidity - Bridge the gap between invoices and collection, and access up to 80% of the cash tied up in your invoices within 24 hours of verification with our Factoring services. |
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Less Work for You - Alleviate the administrative burden of chasing outstanding invoices with our credit and collections services. |
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Opportunity for Growth - Take advantage of growth and acquisition opportunities with funding that grows with you. |
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Strategic Partnership with Green Capital Funding, LLC - Establish a relationship with us and gain access to better, less expensive solutions. Additional Benefits of our services include... |
Cash in as Little as 24 Hours • No Up Front Fees • Trusted Experts & Partners in Your Success •Competitive Rates & Terms