Trucking Factoring FOR Brooklyn COMPANIES

Have you ever wished you could receive immediate payment for the freight bills you send to your customers, especially considering the typical payment period of 30-60 days or more? Your wish is our command! Our trucking factoring company offers you the opportunity to access up to 100% of the payment upfront, without any reserve requirements. We take care of collecting the payment from your customers, allowing you to devote your time and energy to other crucial aspects of managing your trucking business. Once your customer settles the bill, we refund the remaining 3-15% reserve balance to you, minus the factoring fee. It's important to note that this is not a loan, so you won't incur any debt. You can immediately employ that cash to foster the growth and success of your trucking business.

We have a long and reputable history, starting our operations back in 1979. As a privately owned company, we are financially sound and have withstood economic downturns that have spelled disaster for many other companies. We know firsthand the challenges that arise during tough times. Our role is to provide you with the right financial guidance, whether the times are prosperous or challenging. You can trust us to be there for you, supporting your trucking business and ensuring its continuous smooth operation and strength.

We have a long and reputable history, starting our operations back in 1979. As a privately owned company, we are financially sound and have withstood economic downturns that have spelled disaster for many other companies. We know firsthand the challenges that arise during tough times. Our role is to provide you with the right financial guidance, whether the times are prosperous or challenging. You can trust us to be there for you, supporting your trucking business and ensuring its continuous smooth operation and strength.

Experience our superior offerings and service. Call us today.

Feel at ease knowing you're making a sound decision by choosing our factoring company. Since 1979, we've been supporting businesses of all types and sizes. If your requirements go beyond our capabilities, our wide resource network can help you find the perfect match from the outset. You'll value our adaptability and our ability to pair your unique needs with the ideal funding resource. Our company stands out for its custom-fit services and large resource network.

We cooperate with trucking companies, irrespective of their size or age. Small businesses serve as the lifeline that sustains our economy's vitality.

If you deliver shipments for reliable companies and want to avoid delays in payment, factoring can be a suitable option. If your customers have a solid track record of paying on time, factoring is worth exploring.

Sure thing! If you and the IRS have worked out a plan to make payments, we can likely lend a hand.

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

Yeah, if the UCC holds your invoice payments as collateral, we'll need the lender to agree to put it below or end it to accommodate factoring. Factoring requires having the first position with the UCC for your invoice payments. We can assist you in managing that procedure.

No problem! Unlike most companies, we believe in providing upfront information about our fees and rates. Our factoring rates are highly competitive in the industry and depend on factors like the number of trucks you have, the amount of business you want to factor, the type of loads, and any potential risks associated with your customers. We offer funding through ACH, wire transfer, and electronic invoice submission. Each of these options carries a small fee, which we'll clearly explain when we present our factoring proposal. We don't charge any setup fees like the others. Moreover, there are no monthly minimum fees or any other types of charges from us.

No commitment required! You have the flexibility to choose the invoices you want our assistance with. Plus, we offer agreements starting from as short as 90 days. Our factoring program is akin to carrying a credit card, providing you with the convenience to use it when needed. Don't hesitate to call us and let's begin today!

No worries at all, you have the flexibility to choose which accounts to factor. It's entirely up to you to decide which invoices you want to submit for funding whenever you want.

Fill out a simple online form and provide the following: proof of insurance; a scanned copy of your driver's license; official documents like Articles of Incorporation or Fictitious Business Name Statement (DBA filing); a copy of your W-form; and maybe a few additional documents depending on the size of your business. Typically, you can expect to receive a proposal within 2hours, and the entire process, from start to funding, usually takes about to days.

It's important to register your business as a recognized entity (Corporation, LLC, sole proprietor) with the appropriate authorization (DOT or MC) and insurance. Likewise, verify the financial stability of your customers.

You send us the requested documents, including your invoice, bill of lading, load confirmation, and any supporting paperwork.

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

Definitely! We're a private firm, formed by entrepreneurs who know what you're going through. We've been in the same situation and are committed to helping you every step of the way. We listen to your needs and craft a bespoke plan for your business. Feel free to get in touch with us today for a no-pressure conversation!

We handle all customer interactions with professionalism and respect, recognizing the importance of these relationships for your business. It's worth noting that we are not a collection agency. Instead, we act as your dedicated Credit and Collections Department for factored invoices. This includes making calls on your behalf to check payment statuses, keeping a record of check dates that we can share with you, and relaying any relevant messages. Our objective is to simplify the process and provide you with more time and resources to allocate to other important aspects of your operations.

Definitely! You'll have convenient online access to aging reports, and we'll keep you in the loop regarding any collection issues so that you won't encounter any surprises.

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

With our team's expertise and resources, you can make informed decisions regarding brokers' creditworthiness. We offer real-time credit checks, enabling you to select the most suitable loads. This valuable information helps you stay informed about payment trends and avoid potential bad debts, ensuring the smooth operation of your business.

Transportation businesses of all sizes trust our factoring service to optimize their cash flow and enhance their financial standing. Starting is as simple as picking up the phone and contacting us—we'll be more than happy to provide all the information you need.