Trucking Factoring FOR Lincoln COMPANIES

What if you could receive immediate payment for the freight bills you send to your customers, bypassing the usual 30-60 day waiting period? It would make a huge difference, right? Our trucking factoring services offer you the opportunity to access up to 100% of the payment right when you need it, without any reserve requirement. We handle the collection of payment from your customers, allowing you to focus on managing other important aspects of your trucking business. Once your customer pays the bill, we refund the remaining 3-15% reserve balance to you, after deducting the factoring fee. Rest assured, this is not a loan, so there's no need to worry about accumulating any debt. You can put that money to work immediately and drive the growth of your trucking business.

For over four decades, we have been in the industry, starting our operations in 1979. Unlike publicly traded companies, we are privately owned and possess a solid financial foundation. We have successfully navigated through economic downturns that have forced many other businesses to close their doors. We understand the hardships that arise during tough times. Our goal is to assist you in making informed financial decisions during both prosperous and challenging periods. Rest assured, we'll be here to support your trucking business and keep it running smoothly and resilient.

For over four decades, we have been in the industry, starting our operations in 1979. Unlike publicly traded companies, we are privately owned and possess a solid financial foundation. We have successfully navigated through economic downturns that have forced many other businesses to close their doors. We understand the hardships that arise during tough times. Our goal is to assist you in making informed financial decisions during both prosperous and challenging periods. Rest assured, we'll be here to support your trucking business and keep it running smoothly and resilient.

Experience our superior offerings and service. Call us today.

Be assured that you're making the right choice by selecting our factoring company. We've been financing businesses of different scales since 1979. If your needs surpass our scope, we have a broad network of resources to help you find the ideal match from the start. You'll appreciate our flexibility and the way we can match your unique needs with the right funding source. Our company excels because of our adaptability and tailored solutions.

We cooperate with trucking companies, no matter their size or years in business. Small businesses serve as the catalyst for economic development and progress.

If you transport loads for reliable businesses and want to avoid waiting for your payment, factoring is a reasonable option. If your customers consistently meet your payment terms, factoring is advantageous.

Of course! If you and the IRS have a payment arrangement in place, there's a good chance we can lend a hand.

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 end it to allow for factoring. Factoring requires having the first position with the UCC for your invoice payments. We can help you through that process.

Absolutely! Unlike most companies, we believe in being completely open about our fees and rates. Our factoring rates are really competitive in the industry and depend on factors like the number of trucks you operate, the amount of business you want to factor, the type of loads, and any risks tied to your customers. We offer funding through ACH, wire transfer, and electronic invoice submission. Each of these options comes with a small fee, which we'll always make clear right from the beginning 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 additional charges either.

No need to worry about any minimum requirements! You can simply choose the invoices you want us to help you with. Plus, our agreements can start from as short as 90 days. Our factoring program is just like having a credit card in your wallet that you can use whenever you need it. Feel free to give us a call today and let's get started!

No doubt about it, you have the control to pick the accounts you want to factor. It's your decision to select which invoices you want to submit for funding whenever you find it necessary.

Fill in a user-friendly online form and include the necessary documentation, such as proof of insurance, a scanned copy of your driver's license, official paperwork like Articles of Incorporation or Fictitious Business Name Statement (DBA filing), a copy of your W-form, and perhaps one or two additional documents depending on the size of your business. Usually, within 2hours, you'll receive a proposal, and the entire process, from initiation to receiving the funds, usually takes about to days.

Make sure your business is legally structured (Corporation, LLC, sole proprietor) with the required authorization (DOT or MC) and insurance. Moreover, evaluate the creditworthiness of your customers.

You provide us with the essential documents, like your invoice, bill of lading, load confirmation, and any related backup.

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

Of course! Our private business is composed of entrepreneurs who've had the same struggles you're dealing with. We're dedicated to guiding you every step of the way. We ensure we understand your unique situation and design a customized plan for your business. Reach out to us today for a chat with no strings attached!

We maintain a professional and respectful approach when engaging with your customers, understanding the value of these connections to your company. It's crucial to clarify that we are not a collection agency. Rather, we function as your designated Credit and Collections Department for factored invoices. This involves reaching out to your customers to inquire about payment statuses, tracking check dates that we can provide you with, and conveying any necessary messages. Our goal is to streamline the process and allow you and your team to focus on other critical tasks.

Definitely! You'll be able to access aging reports online, and we'll make sure you're aware of any collection issues to prevent any surprises.

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

We are committed to incorporating cutting-edge technology to expedite the funding process. This includes electronic invoice submission, online reports, credit checks, and other emerging methods that streamline operations and reduce costs. By leveraging technology, we are able to offer you lower rates compared to most other companies. Reach out to us today, and we'll demonstrate the unique advantages we provide that set us apart from the rest.

Want to enhance your cash flow and boost your bottom line? Our factoring service is here to support transportation companies of all sizes. Don't hesitate to get in touch with us for more information.