Trucking Factoring FOR Portsmouth COMPANIES

Ever wished you could receive immediate payment for the freight bills you send to your customers, especially when they typically take 30-60 days or more to pay? Well, now you can make that a reality! Our trucking factoring company allows you to access up to 100% of the payment upfront, with no funds held in reserve. We take on the responsibility of collecting the payment from your customers, leaving you with the freedom to focus on managing other important areas of your trucking business. Once your customer pays the bill, we refund the remaining 3-15% reserve balance to you, minus our factoring fee. It's important to note that this is not a loan, so there's no debt involved. You can immediately invest that cash to drive the growth of your trucking business.

We have a long-standing presence in the industry, starting our operations in 1979. Unlike companies owned by the public, we are privately owned and possess a strong financial position. We have navigated through economic downturns that have led to the downfall of many other businesses. We understand the hardships that come with challenging times. Our commitment is to assist you in making informed financial decisions during both prosperous and difficult periods. You can rely on us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.

We have a long-standing presence in the industry, starting our operations in 1979. Unlike companies owned by the public, we are privately owned and possess a strong financial position. We have navigated through economic downturns that have led to the downfall of many other businesses. We understand the hardships that come with challenging times. Our commitment is to assist you in making informed financial decisions during both prosperous and difficult periods. You can rely on us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.

Experience our superior offerings and service. Call us today.

You can be sure you're making a wise choice with our factoring company. We've been funding companies from various industries since 1979. If your needs go beyond our service range, our extensive resource network can help you find the best match for your business. You'll appreciate our ability to adjust to your specific needs. Our company is superior to others due to our vast resources and custom-fit solutions.

We partner with trucking companies, regardless of their scale or years in operation. Small businesses play a pivotal role in ensuring the sustainability and success of our economy.

If you transport goods for creditworthy businesses and would rather not wait for payment, factoring is a practical consideration. If your customers consistently adhere to your payment terms, factoring can be advantageous.

Absolutely! If you've set up a payment schedule with the IRS, there's a good chance we can be of help.

Give us a shout and speak with one of our veteran factoring experts.

Sure, if the UCC is using your accounts receivable as security, we'll need the lender to agree to step aside or cancel it to accommodate factoring. Factoring requires being in the top position with the UCC for your accounts receivable. We can support you in navigating that process.

Sure thing! Unlike most companies, we believe in full transparency when it comes to our fees and rates. Our factoring rates are highly competitive in the industry and depend on factors such as the number of trucks you have, the volume of business you want to factor, the type of loads you handle, and any risks associated with your customers. We provide funding through ACH, wire transfer, and electronic invoice submission. Each of these options involves a small fee, which we'll clearly explain in our factoring proposal. We don't charge any setup fees like the others, and there are no monthly minimum fees or any other additional charges either.

No minimum obligations or commitments! In fact, you have the freedom to handpick the invoices you want us to assist you with. Furthermore, our agreements can start from just 90 days. Our factoring program is similar to carrying a credit card, ready to be used whenever you need it. Contact us immediately and let's start today!

No problem at all, you have the freedom to decide which accounts you want to factor. You have the choice to select the invoices you want to submit for funding whenever you please.

Fill out an uncomplicated online form and submit the necessary paperwork, such as proof of insurance, a scanned copy of your driver's license, legal documents like Articles of Incorporation or Fictitious Business Name Statement (DBA filing), a copy of your W-form, and possibly one or two additional documents depending on the scale of your business. Generally, you'll receive a proposal within 2hours, and the entire process, from start to receiving the funds, typically takes around to days.

Set up your business as a legitimate entity (Corporation, LLC, sole proprietor) with the required credentials (DOT or MC) and insurance. Also, make sure your customers have a reliable financial background.

You submit your invoice, bill of lading, load confirmation, and any other relevant supporting materials to us.

Speak to one of our account representatives and we’ll give you all the information that fits your particular business.

Certainly! Our private company is comprised of entrepreneurs who've faced the same challenges you are facing. We're committed to supporting you at every step. We take the time to understand your unique situation and tailor a plan specifically for your business. Reach out to us today for an obligation-free chat!

Our interactions with your customers are carried out in a professional and friendly manner, understanding the value of these connections to your company's success. It's important to clarify that we are not a collection agency. Rather, we function as your dedicated Credit and Collections Department for factored invoices. This involves reaching out to your customers to check on payment statuses, keeping track of check dates that we can provide you with, and passing along any relevant messages. Our aim is to streamline the process and provide you with more time and resources to invest in other critical areas.

Of course! You'll have online access to aging reports, and we'll keep you updated on any collection issues so that you won't be caught off guard.

find out more about how you can benefit from factoring with Orange commercial credit. call us today.

Our team has extensive knowledge and resources when it comes to credit. We offer real-time credit checks on brokers' creditworthiness, empowering you to make informed decisions about the loads you accept. This crucial information helps you stay ahead of payment trends and avoid any potential bad debts, allowing your business to operate smoothly.

Our factoring service is specifically designed for transportation companies to boost their cash flow and enhance their financial performance. Initiating the process is easy—just reach out to us, and we'll walk you through it step by step.