Trucking Factoring FOR San Mateo 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.

For more than 40 years, we have been in business since 1979. Unlike publicly traded companies, we are privately owned and financially robust. We have successfully navigated through economic downturns that have forced other companies to close their doors. We know firsthand what it's like to face difficult times. Our role is to assist you in making the right financial decisions, whether the economy is thriving or struggling. You can rely on us to be there when you need us, ensuring the smooth operation and strength of your trucking business.

For more than 40 years, we have been in business since 1979. Unlike publicly traded companies, we are privately owned and financially robust. We have successfully navigated through economic downturns that have forced other companies to close their doors. We know firsthand what it's like to face difficult times. Our role is to assist you in making the right financial decisions, whether the economy is thriving or struggling. You can rely on us to be there when you need us, ensuring the smooth operation and strength of your trucking business.

Experience our superior offerings and service. Call us today.

Take comfort in knowing that you're making an informed decision when selecting our factoring company. We've been financing businesses across a wide range of sectors since 1979. If your needs exceed our services, we have a comprehensive network of resources that can help you find the perfect match for your business. You'll love our flexibility and our knack for matching your needs to the right funding source. We lead the industry with our adaptable and personalized solutions.

We collaborate with trucking companies, no matter their scale or how long they've been in business. Small businesses are the fundamental element that holds our economy in place.

If you deliver goods for creditworthy businesses and don't want to wait for payment, factoring is a practical avenue. If your customers consistently adhere to your payment terms, factoring is worth exploring.

You bet! If you have a payment plan established with the IRS, we can likely provide you with some assistance.

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

Yeah, if the UCC is holding your invoice payments as collateral, we'll need the lender to agree to put it below or cancel 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.

Definitely! Unlike most companies, we're fully transparent about our fees and rates right from the beginning. Our factoring rates are highly competitive in the industry and depend on factors like the number of trucks you operate, the volume you want to factor, the type of loads, and any risks tied to 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 outline upfront when we present our factoring proposal. We don't charge any setup fees like the others do. Moreover, there are no monthly minimum fees or any other additional charges either.

No strings attached! As a matter of fact, you have the freedom to choose which invoices we assist you with. Additionally, we offer agreements that start from just 90 days. Our factoring program is similar to carrying a credit card in your wallet. You have it at your disposal whenever necessary. Reach out to us now, and let's get started today.

Absolutely not, it's your call on which accounts to factor. You can handpick the invoices you want to submit for funding whenever it suits you.

Complete a simple and convenient online application and provide the requested documents, including proof of insurance, a scanned copy of your driver's license, legal documentation such as Articles of Incorporation or Fictitious Business Name Statement (DBA filing), a copy of your W-form, and perhaps one or two more documents depending on the size of your business. Normally, within 2hours, you can expect to receive a proposal, and the entire process, from start to receiving the funds, usually takes about to days.

It's crucial to have your business registered under a recognized legal form (Corporation, LLC, sole proprietor) with the required authority (DOT or MC) and insurance. Similarly, verify the creditworthiness of your customers.

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 always conducted in a professional manner because we understand that your relationships with them are crucial to the success of your business. It's important to note that we are not a collection agency. Instead, we make phone calls on your behalf to inquire about payment status, keep track of check dates, and relay any messages to you. In essence, we act as your dedicated Credit and Collections Department for factored invoices, allowing you and your team to focus on more productive tasks.

You bet! You'll have convenient online access to aging reports, and we'll keep you in the loop regarding any collection concerns so that there are no 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 seamless operation of your business.

Transportation companies depend on our factoring service to streamline their cash flow and improve their financial standing. Starting is simple—give us a call, and we'll guide you through the process step by step.