Freight Bill Factoring is an easy, alternative way for trucking companies to get paid immediately for their freight bills rather than waiting 30-90 days for their customers to pay. Below, we illustrate how simple it is to turn your freight bills into working capital to keep your company operating and growing.
Freight Bill Factoring – How does it work?
1 – You deliver freight to your customers. Your customers may take 30, 60, or even 90 days to pay!
2 – Send your freight bills to the factoring company right away.
3 – You will receive a cash advance up to 100% of the invoice amount. Advances will be deposited or wired within 24 hours!
4 – The factoring company will collect the amount owed from your clients.
Benefits of Freight Bill Factoring
- Free up time
- Fuel discount card programs
- Easy application and no hidden fees
- Grow your company
About Interstate Capital
Interstate Capital has funded over 10,000 companies since 1993, making it one of the oldest and largest factoring companies in the alternative funding market. Interstate purchases nearly $1 billion dollars of invoices annually from hundreds of clients in a wide range of industries throughout North America and each client receives individual attention from a dedicated account manager. Get in touch with us so that you can learn more about the factoring programs designed for printing companies. Let us customize a program for you.