WHAT IS FACTORING? Factoring is the process of selling your BOL's/receivables and getting the cash now without having to go through the invoicing, collections, and waiting. In other words, get your money now and let us wait the 45, 60, 90 days or more to get paid.
WHY FACTOR? Factoring allows you to focus on your core business. Many of the best business minds around consider specialization key to success. By factoring you can run your business and not have to worry so much about cash flow, collections, and managing accounting personnel.
FACTORING FOR TRUCKING COMPANIES