Call Us & Get Prequalified For Your Loan

888-565-6692

First Capital Business Finance

Freight Factoring

First Capital logo 2
First Capital logo 1
Previous
Next

First Capital

What is Freight Factoring?

Freight Factoring

Freight factoring ensures your company has the proper capital to cover overhead costs, pay employees, and materials needed for your business.

Imagine this for a moment. You’ve been on the road for hours. Your belly, tank and wallet are all running on E. Then, after safely delivering your load on time you hear the words no one wants to:

“Sorry, I can’t pay you for another 45 days.”

Your heart sinks.

“Another late payment?” you think to yourself. “I can’t keep my business running like this.”

Freight Factoring

First Capital

Our Services

Commercial & Semi Truck Financing

Read More >
Not Traditional Financing for Your Commercial Truck is Available
Learn More

Heavy Equipment Financing

Read More >
We Can Finance Your Construction Equipment With Bad Credit
Learn More

Business Loans

Read More >
We Offer 24 Hour Approval on Working Capital Loans
Learn More
More Services

Freight Factoring is the Solution

Freight Factoring can solve this problem! After you’ve delivered your load the freight factoring company will pay up to 80% of what the a company owes you.  A company pays the factory company who then gives you the difference for a small fee. Ever dealt with a company who keeps putting off payment? No one likes to make that uncomfortable call. With a freight factoring company, you won’t have to. Not only will they collect payments, they’ll be able to see which companies are credit worthy enough to work with and will handle all calls on payments. Factoring frees up more time for you to focus on delivering quality business that the companies you work with expect.

Invoice Factoring versus Truck Factoring

If you’ve heard these words and would like to know more, don’t worry. First Capital Business Finance is here to help. Invoice Factoring and Truck Factoring all work together under the same umbrella term of Freight Factoring. Here is how it works. Once you know an invoice won’t be paid quickly, you can sell the invoice to a factoring company like First Capital. You’ll have cash ready to use within 24-48 hours. Then, we’ll collect the payment and give you the remainder minus a small fee. The best part? The only requirement for freight factoring is good credit from the company you’re working with, not yours
small business finance

The main goal of Freight Factoring is to get you the finances you need to keep your belly, your tank, and your wallet at F instead of E. Never again will you wonder when you’ll be paid. With Freight Factoring you’ll have a steady flow of capital so you can keep on trucking.

 

Payment Options

Did you know that your payment can be split into different payment types. With Freight Factoring, instead of putting your hard earned money into one payment method, you can split into several. Some money could go to your business bank account, some to your personal card, and some to your fuel card. The options are up to you!

Typical profile of our factoring clients:

Facility Size:$10,000 – $15 million
Geography:Nationwide
Annual Sales:$300,000 – $50,000,000
Advance Rate:Up to 90% of eligible accounts receivable
Public or Private Companies
  • Expedited Decisions
  • Line of Credit up to $15 million
  • Optional Programs Offer No Facility Fee
  • Optional Programs Offer No Monthly Minimum
  • Ability to lending in over 17 different foreign currencies
  • Ability to fund against domestic & foreign accounts receivable & inventory on recourse & non-recourse basis
Contact First Capital Business Finance to learn more about Freight Factoring.

Testimonials 

What Our Customers Say

"First Capital Finance has been amazing! From start to finish, always keeping in contact, never leaving us wondering what’s going on. We were funded within a week for our new equipment. When you run your own business, you can’t afford down time. Vivian, eliminated our down time! We definitely look forward to using there services again. Thank you Vivian."
Luke & Sarah WeverWever’s Tree Service, LLC
"Dear Dustin, I want to take a moment to thank you and your staff. When other small business lenders say no, First Capital Financing says YES. You and your coworkers do what it takes to help small businesses."
Jeremiah JLandscaping Co.
"I almost gave up until I talked to First Capital! It was great! He worked to help me out.  As a matter of fact, I just about gave up until I talked to Dave on the phone."
R. McKelvey
"Absolutely Unbelievable! Testimonial from another of our fantastic clients who purchased a truck with our financing! David was absolutely unbelievable, he was right on with everything and on time with everything and got everything I needed and how I needed it.”
J. Michaels
"Always available, extremely responsive. He’s phenomenal…he’s always available, extremely responsive, I love him to death I’ll be using him going forward."
B. Tyson
"They kept me in the loop the whole time. Dave was very patient with me.  He provided me with anything I need, any time I needed to talk to Dave I could get in contact with him either through email or phone call, he was very easy to get in contact with.  He stayed in contact with me and kept me in the loop of the process the whole time.  I had a very comfortable experience…"
M. Williams
"Working with Anthony was just the best…that guy is just great, he has a lot of optional things that can help out people looking for funds. He really helped out."
E. Rokotovao
"Went through Dave 3 times already, I did a capital loan the first time, then got our truck refinanced, and another capital loan. Every time I’ve dealt with him he’s been very professional and super fast."
K. Morgan
"I can’t say enough good things about our experience with First Capital Business Finance. Dustin was incredibly helpful every step of the way and always available to answer our questions. We had a tricky approval and a few bumps in the road, and he went above and beyond to help us get our truck and trailer financing. I highly recommend Capital Business Finance."
Amanda M.
"Dave Daniels is detailed oriented and a super-fantastic communicator. Customers appreciate his professionalism and ability to explain complex opportunities in layman terms. When given the opportunity he becomes an extension of your business opposed to a vendor. It is unfortunate I can’t work on all my loan opportunities with him"
Maurice Settles
Previous
Next
Financing in Dallas, TX 6

Contact First Capital for Freight Factoring and get pre-approved today!

Are you a growing company with bills to pay? Are you looking to expand your business but need a flowing stream of cash instead of a trickle? Call us today at 888-565-6692 or contact us online. We will get the information we need from you, answer any questions you may have and thoroughly explain the entire process. Hopefully, as you ease your mind, we will be able to help you take care of your slow cash flow situation and get you on your way.
First Capital Finance Logo

First Capital Business Finance is committed to helping you meet your cash flow needs to grow your business. We serve small and middle market businesses and large corporations with range of loan and financing options

Services:

Quick Links:

Contact Information:

Copyright © 2022 First Capital Business Finance, All Rights Reserved

Website Design by EWR Digital

Same Day Loan Approval