🦈 This is a sponsored post. For more information, please visit this page.
Trucking and transportation companies have always faced an uphill battle when it comes to securing funding from major financial institutions. Small and startup companies in the industry often lack the strong credit history or solid collateral to meet the bank’s expectations, and must often look elsewhere for funding solutions. Any expert will tell you that steady contracts and reliable manpower keep a business running at peak capacity, but the actual cash a company has on hand is the true lifeblood of any operation.
- Reputation: Be sure to select a highly reputable factoring company that specializes in the trucking and transportation industries.
- Customer Service: Be sure that your factoring company assigns an accounts manager to provide you and your business with top-tier customer service.
- Credit Tools: Choose a factoring partner that offers a free credit search tool to help you determine the risk of prospective customers.
- Fuel Discounts: Find a factoring company that provides carriers with fuel discounts.
- Low Rates: Look for innovative factoring plans that deliver the industry’s lowest rates.
Of course, every company is different, and this is why a reliable factoring partner such as Accutrac Capital will have a number of different plans to choose from, depending on the needs of your specific enterprise. Whether you’re a small startup beginning to gain momentum or a nation-wide company with a considerable fleet, there are plans for every business. Accutrac offers:
Flat Fee Factoring
- Starting from 1.59% for up to 90 Days
- An uncomplicated option with an easy to calculate the one-time cost.
Factoring Line of Credit
- A flexible line of credit that provides maximum value & control for larger operations
- Starting from 0.022% per day
Flex Factoring
- Only 0.49% for 10 days
- An ideal funding option for carriers with customers who pay quickly
Every carrier loves the feeling of a paid invoice. With transportation factoring, you can get that feeling the moment the invoice reaches your office. Without waiting one to three months for your customers to pay, you can instead harness the power of transportation factoring to receive your money when you need it, often on the same day you apply. This allows you to spend your money where it’s most needed — on sustaining and growing your business.
Pssst... Looking to get your story on Future Sharks?

