Trucking Factoring Company

An Inventive Factoring Freight Business
Extending Factoring Programs Adapted 
to Make You Additional Cash  

We Can Easily Provide to You Exactly what other factoring firms simply won't 

Unlike other factoring businesses ,our plan consists of  these many features at no additional surcharge:

24 hour funding on approved accounts 
- Topmost advance rates in the field
- Credit study on new as well as current consumers
- Constant collection management as well as act on factored receivables 
- Invoice as well as accounts receivable statement mailing (postage included)
- Account status queries whenever you want ;
- All day/night computer account access.
- We permit you   to electronically send receivables 
- Free credit checking on new customers at no extra cost

-  Personalized Service - you will have one devoted individual as well as his or her assistant who manage your account. You don't have to start over each time you contact us
with a new account manager
- We are skilled experts with an average of 13 years factoring experience and knowledge per each account manager (Well above the factoring market standard)

Our versatility permits you to keep control:

- You select accounts you like to factor on a receivable by receivable basis.
-You control overall receivable factoring costs by only factoring on an ; as required  basis.

As high as 97% Advance Rates:

Advance rates are decided by general risk threat connected with a specific market along with experience as well as performance history. We hold reserve accounts to fit markets which generally experience nonpayments and that we would otherwise not be able to service. Advance rates range from 80% to 97% of the total invoice amount.

Charge Structures:

Factoring Fees are figured out based upon your market, the credit worthiness of your customers, how swiftly your receivable turn, and regular monthly factoring quantity.

Phone call our factoring factoring experts at
1 - 866 - 593 - 2195


On - Line Factoring Request Form

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FactorMoney.COM Provides factoring freight to all industries:

Grand Rapids Trucking Factoring Company

factoring freight vs. Bank Loans

So, why not merely visit the pleasant banker for a loan to minimize capital problems ? A loan could be hard if not inconceivable to obtain, specifically for a young, high - development surgery, due to the fact that bankers are not anticipated to decrease loaning constraints soon. The connections in between businesses and also their bankers are not as strong or as trustworthy as they used to be.  Read Here For More Information

The impact of a loan is a lot various than that of the factoring freight procedure on a company. A loan spots a debt on your company account, which costs you passion. By contrast, factoring puts cash in the financial institution without the creation of any type of responsibility. Often, the factoring freight rebate will definitely be less than the present loan rates of interest.

Loans are mainly based on the customer financial strength, whereas factoring freight is a lot more thinking about the strength of the client consumers and not the customer business itself. This is a real plus for new companies without developed record.


There are many situations where factoring freight may assist a company satisfy its capital needs. It supplies a proceeding source of running resources without incurring personal debt, which may cause growth opportunities that drastically enhance the bottom line. Virtually any kind of business can benefit from factoring freight as part of its total operating viewpoint.
More Info.


Every good businessperson need to understand the principle and benefits of factoring freight in order to work as profitably as feasible. The adhering to chart can easily help you comprehend the distinctions in between factoring freight and some other sources of funding

business  that use factoring freight  business


factoring freight is typically used by trucking business.

    • Trucking-Intermodal Drayage
    • Trucking -Trucking Brokers
    • Trucking -Sand & Gravel
    • Trucking -Refrigerated
    • Trucking -Over Dimensional Load
    • Trucking -Motor Freight
    • Trucking -Local Cartage
    • Trucking -Liquid & Dry Bulk
    • Trucking -Heavy Hauling
    • Trucking -Grain
    • Trucking -Commodity
    • Trucking-Freight Train Load
    • Trucking-Passenger-Tour Bus
    • Trucking -Owner Operations
    • Trucking-Dump
    • Trucking -Contract Hauling
    • Trucking -Containerized Freight
    • Trucking �Oil Field
    • Trucking �Management
    • Trucking �Consultants
    • Trucking �Local With Storage
    • Trucking -Dispatch Service
    • Trucking -Livestock
    •  Trucking-Air Freight


Oilfield Services That Use factoring freight  business in Grand Rapids:

  • Well Servicing
  • Fishing Services
  • Drillers
  • Roustabouts
  • Environmental Clean Up
  • Wireline Services
  • And More
  • Slickline Services
  • Testing Services
  • Plugging Contractors
  • Acidizing & Cementing
  • Welding Services
  • Pit Clean Up
  • Tank & Pipe Cleaning
  • Flowback Testing

    Oilfield Trucking Services factoring freight  business in Grand Rapids:

  • Gravel Haulers
  • Haz Mat Hauling
  • Hot Shots
  • Water Haulers
  • Mud Haulers
  • Rig Movers
  • And More
  • Dump Trucks
  • Pipe Haulers
  • Crude Haulers
  • Flatbed Carriers
  • Equipment Haulers
  • Winch Trucks
  • Vacuum Trucks
  • Frac Sand Haulers

  • FactorMoney.COM
    Location Sitemap


    We are currently providing Factor Company services nationwide including the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho State, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

    Fuel / Debit Card Program Particulars

    • The fuel card is accepted as money at all places.
    • 40,000 accessible sites, consisting of Flying J, Petro, Pilot,
      Travel Centers, Wilco, and Loves.
    • Special Negotiated fuel refunds Petro
      and Pilot ($.01 per gallon).
    • The capacities of the plan are limitless.
      The card (s) could
      be utilized for fuel purchases, money, oil / additives,
      tire purchases as well as repairs,
      small vehicle replacements, truck washes, oil changes, etc.
      The program is customized to suit your special necessities.
    • Low transaction charge that remains the
      exact same no matter the product
      being bought, the dollar amount
      of the transaction or the place of purchase.
    • Detailed day-to-day or once a week reports for expenses as well as driver
      monitoring & internet access upon request.
    • Your account is designated a Personal Identification Number (PIN),
      which allows 24 - hr access to your account.
    • Superior tailored customer service directly
      from the professional personnel of CTS

    More Reasons Why
    Firms Choose FactorMoney.COM trucking factoring company Many Unique Programs

    Are We Crazy ?
    Use No Other
    Factoring Business
    Until You Have Looked At
    Our Marvelous Factoring Programs, consisting of special
    97% Advance Rates

    Phone our receivable financing experts at
    1 - 866 - 593 - 2195

    Email Us

    On-line Factoring Request Form



    "Your factoring service has constantly supplied service above and beyond other business I have worked with. Our account representative gives us 100% and this is only ONE of the reasons we have decided to stay with them. "

    - Frank L.,  Vice-President- protection services business

    factoring company

    FactorMoney.COM Provides factoring freight to all states:

    Trucking Factoring Company In Grand Rapids

    Call our
    factoring freight Specialists at
    1 - 866 - 593 - 2195 
    Email Us
    or total the
    Trucking Factoring Request Type


    Unlike other Factor Company, FactorMoney.COM makes receivable financing easy to obtain with minimal paperwork.

    Unlike the other factoring companies
    , FactorMoney.COM's objective here
    is not to force
    your firm to conform to us,
    but to get you the cash you need

    All Kinds of Freight And Trucking business
     that use factoring freight  business
     in Grand Rapids

    Marine | Bulk | Brokerage | LTL | Livestock | Household Goods | Warehousing | Van | Tanker | Refrigerated | | Parcel | Van

    A deal carrier gets in into a reciprocal arrangement with the shipper or consignee for transportation solutions.

    The contract determines the solutions to be provided, the assets shipped, the projected tonnage and the prices charged.
    Contracts are to have a specific firing date, not going over one year.
    Continue Reading about factoring companies
    The agreement may be revived by amendment. The contract provider can easily provide freight fees which are reduced than a typical service provider s released toll since the cost will be based upon the forecasted tonnage of freight for the year.
    Owner - operators - An owner - agent has and functions his or her own truck (that is, tractor - trailer or bobtail). The owner - operator need to have operating licenses from the ICC and PUC. A prime service provider might choose them as subhaulers. Earnings earned is a percentage of the freight expense prepped by the prime carrier.
    Click for more Factoring Companies information

    Subhaulers - A subhauler is an owner - agent of a singular tractor or may have a squadron of tractors which are leased to prime carriers. A subhauler with a fleet of automobiles might be accountable for employment taxes on the motorists of thosecars. Income made is a percentage of the freight expense prepared by the prime provider.

    Porthaulers - An owner - agent whose main path is to pick up freight from the port and to deliver the full, sealed compartment to the terminal of the prime provider or break - bulk agent. Porthaulers are usually paid a level fee for each compartment hauled.

    More Reasons Why
    Firms Choose FactorMoney.COM trucking factoring company Many Unique Programs

    Freight Broker | Freight Forwarder | Shipper's Broker | The shipper's agent is a bonafide broker of the shipper who carries out the shipper's transportation function. The shipper's agent arranges for and paths the transport of items from one point to yet another. Other tasks could consist of the settlement of cases and repayment of the carrier s freight invoices. Ultimate repaymentof freight bills, nevertheless, is the duty of the shipper.

    Freight forwarders normally concentrate on the type of freight carried as well as the type of transportation providers utilized. This offers them with experience in handling the paperwork involved with particular kinds of deals.

    Other trucking factoring firms call for you to sign a very limiting contract that ranges from 6 months to 1 year or longer.
    As well as they need you to sell your invoices with them during that entire time.

    Why Trucking Firms
    Pick Us

    Top CASH
    (around 97%)

    We offer the top
    advances in the
    factoring freight industry.

    Because we have our very own cash  The others are limited by their financial resources

    LOWEST factoring freight RATES

    Factoring trucking forerunner;
    We have the most competitive trucking factoring fees in the industry
    How ?
    Because we use
    our very own funds.
    Our competition is restricted
    by their banks.

    97 YEARS

    With over 97 YEARS combined experience in factoring for the trucking business. Our expertise and also experience allows us to have a operating
    understanding of the unique needs
    you face each day.

    You might factor all of your accounts or you may prefer to factor only a a handful. Essentially, you can personalize your personal account!

    24/7 Online account management tools
    Our internet solutions permit you to view your records and also collection activities updated day-to-day.

    Startup companies
    are accepted.

    Startups Are Our Specialty!
    Did you just get your authority? Heading out on your own? If your trucking company is simply getting started, you've come to the ideal company.

    We can easily help you determine top quality clients, build up your credit rating with good cashflow, and have our account representatives skillfully represent your firm.


    Factoring Companies

    FactorMoney.COM trucking factoring company

    Trucking Factoring Company In Grand Rapids

    Exactly what is  factoring freight ?

    Receivable subsidizing, also understood as factoring freight is a method utilized by companies to convert sales on credit phrases for immediate capital. Funding accounts receivable has actually come to be the favored monetary medium in acquiring versatile working resources for companies of all sizes. The receivable line of credit is determined by the financial durability of the client (Buyer), not the customer (The vendor of the receivables).


    Quick and Easy Configuration , Collection up your
    account in 3 to 5   working days

    We specialize in examining and also funding accounts receivable as well as may make a prompt choice within a day. This monetary remedy includes incredibly little underwriting. The permission procedure is basic and we may quicken preliminary backing in 3 to 5 operating days. Our customers can appreciate the conveniences of our timely solution and also start to use their funds within days of completing an application


    Advance / Reserve.

    This type of factoring freight is by far the most extensively practiced. Upon taking title to invoices, the invoice factor immediately pays to the customer a amount of their total face. This payment (called the cash advancement ) typically falls in between 70% and also 85%, yet may go as low as 50% or less (for instance, in the situation of building or third - event health care invoices), or as good as 90%. After successful collection of payment from the account debtors, the factoring trucking companies consequently remits the balance of the invoice amount (s) (generally called the reserve ) to the client, minus the factoring company made charges.
    More Information

    There service provides the factor firm with readily available funds from which to draw its costs, and also furnishes a buffer from defaults by customers and also / or account debtors.

    Some factors do not hold back a reserve balance, but instead advance the whole entire invoice stated value, much less optimum factoring freightcharges, at the time of investment. This method is not common, however, given that many factor firms of this type like to keep the security that reserves supply.

    Grand Rapids Trucking Factoring Company

    Cash Advancement / reserve factoring firms generally structure their charges as an initial discount fee (generally varying between 1. 5% and 5% of invoice face value), followed by succeeding boosts set over the length of the actual collection duration.  

    The collection time span starts on the day that the variable advances funds to the client (which is not consistently the same as the invoice date), as well as is typically divided into windows or time bands of equal duration. Windows most generally develop in 15 - day increments, although 7 -, 10 - or 30 - day increments are not unheard of. The first markdown usually increases by one or two amount points at each novice window.
    A common cash advancement / reserve deal, consequently, could be structured as complies with.

    Click for more Factoring Companies information

    Factor Company in Grand Rapids assisting in the company's first years of commerce, also for business growing rapidly and need to improves their cash flow. Grand Rapids factoring freight


    Trucking Factoring at factormoney.com

    FactorMoney.COM is a Factor Company that Provides a wide range financial services

    Truckers Repeatedly
    Select Us for Their Factor Company Needs

    We have actually been providing factoring freight financing solutions
    all over the country for many, many years and also have customers in hundreds of industries.

    We understand that to be effective
    in Trucking, you require cash.
    Cash for payroll, overhead expenses,
    taxes or just alleviate the monetary burdens
    experienced during swift growth periods

    You may rely on
    us for quick and also friendly service.
    We have actually the ability to buy your receivables and also get the money to you within 12 to 24 hours

    As our client you are appointed one account administrator who will personally manage all of your account activity and queries.

    This offers us the capability to acquire your receivables and get the cash to you within 12 to 24 hours.

    Having one account supervisor look after
    your account additionally makes it easy for you to determine which invoices you are going to sell and also when you desire to sell those invoices.

    More Reasons Why
    Trucking Firms
    Pick Our Factor Company Solutions

    circle03_skyblue.gif Same Day Funding

    circle03_skyblue.gif Advancement Rates that
      Exceed Business Norms
      by 20%
    We offer cash advances rates up to 97%
    The regular max in the market is 80%.
    We can offer you higher advancements because
    of our unique financing capacities

    circle03_skyblue.gif Flexible Contracts -

    We offer you with arrangements
    that satisfy your capital requirements, not ours.

    Our competition will make you sign long - term deals and we don't
    charge you charges when you are less active.

    circle03_skyblue.gif Invoice Processing
    Not only can we offer you the most
    advanced technolgy but we additionally preserve
    the old - fashioned systems because
    every client has different demands.

    Unlike the Others, our objective here
    is not to force you to adapt to us,
    but to give you the money you need
    in the quickest as well as most
    effective fashion

    Please consult us today

    and our veteran truck factoring
    experts will definitely aid you
    acquiring the money you require

    1 - 866 - 593 - 2195 

    E-mail Us

    or fill out the

    On - Line Factoring Request Form