Freight Broker Factoring
The concept of freight broker factoring is designed to work with companies of all sizes. No matter if you have one employee or an entire corporation, we can help you get the cash you need for your freight invoices at JustInTimeCash®. Because we have limitless resources through our financial broker, we can give you as much or as little money as your company needs. You can use the funds to pay bills, settle outstanding debts, or broker new deals that will increase your freight business's productivity and sales. We don't set any limits on your factoring deal, so you can set it up any way you want. How Freight Broker Factoring WorksFreight factoring is done through a broker, such as JustInTimeCash®, that buys your invoice(s) as you designate. This could be one $10,000 invoice or six $50,000 invoices, just to show you a sample scenario. Regardless, the process is the same in this sample. We pay you 75 percent of your total invoice up front, with no fees or delay in asset allocation. From there, we collect your payment from the client. Upon payment in full, we will give you the remaining 25 percent of your invoice, minus a small fee. This fee is calculated based on how long it takes your client to pay, the amount of the total bill, and the specific industry involved. We do this so that each fee is completely fair and relevant to your field. If you have questions about our fees, call us toll-free at 1-800-805-8380.
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