First Capital Business Finance
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.”
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.
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!
|Facility Size:||$10,000 – $15 million|
|Annual Sales:||$300,000 – $50,000,000|
|Advance Rate:||Up to 90% of eligible accounts receivable|
|Public or Private Companies|
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