Freight Factoring Business

Freight companies have plenty of ongoing expenses other businesses don't. The price of gas is a top concern, as is insurance and hiring safe, skilled drivers. Having a large enough fleet to meet the needs of clients is also an issue, especially for growing freight companies. Even if business is good, there may not always be enough cash reserves on hand to take care of all these financial commitments.

Rather than going to a bank for a loan, shrewd freight company owners rely on factoring services. A factoring business buys unpaid invoices from your company, giving you cash for them right away. A small percentage of the overall value is held in reserve until your customers pay the invoices, and then the remainder is released to you. The factoring business charges a small fee for their service. Once you have all of the cash, you have no further financial obligation to the factoring business.

Are You in Freight? A Factoring Business Wants to Work With You

At JustInTimeCash®, we are the preferred factoring business within the freight industry. Since 1985, we've worked with hundreds of freight companies and are familiar with their unique financial considerations. Not only will we provide you with the cash you need in a timely manner, we can also offer sound business advice from a perspective of genuine experience.

If you're involved in freight, a factoring business can help take your company to new heights. We're ready to assist you right now. Call us at 1-800-805-8380 or apply for our services online.