Freight Broker Funding
This video summarizes the advantages and benefits for freight brokers that utilize ICC’s funding services.
What are the benefits for freight brokers using Interstate Capital’s funds? First, we’ll save you time and money by acting as your carrier payable department.
At your request , we will advance fuel money to your carrier via com-check, wire, or A-C-H transfer. After delivery, you schedule your carrier’s payment., letting us know when to pay your carrier.
You schedule both advances on-line through freight-payable-systems, our own funding technology dedicated exclusively to the freight brokerage industry.
In addition to saving time and money, you will be recognized by tens of thousands of motor carriers as a Platinum Broker on the world’s largest free transportation database, http://checkfreightbroker.com/.
Here’s another exclusive benefit: Interstate Capital will issue payment guaranty letters to motor carriers who might not otherwise give you the credit line you need to fill your lanes.
Did you know that the Motor Carrier Protection Act, recently enacted into law, will increase your bonding requirement to $100,000?
You will need a very strong credit score to qualify for bonding when your authority comes up for renewal.
By signing up with Interstate Capital NOW, you will be able to build your credit score quickly by offering fuel advances and quick pay to your carriers.