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Tight on cash flow in trucking? TBS Factoring's freight factoring allows you to get paid sooner without holding out for slow-paying customers. Receive fast approvals, same-day disbursements, and no added fees from TBS, so you can fund fuel, repairs, and operating costs. A small owner-operator or expanding fleet, our adaptable solutions keep your business rolling. Try hassle-free freight factoring today!
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FREIGHT FACTORING FOR SMALL TRUCKING COMPANIES: ACCESSING CASH FLOW AND GROWTH Freight factoring is a cash flow lifeline for small trucking companies, a viable answer to cash flow problems. In this pdf, we shall be looking at what freight factoring is, how it is done, and how to select the most suitable freight factoring company. WHAT IS FREIGHT FACTORING? Freight factoring or freight bill factoring enables trucking companies to sell unpaid invoices to a factoring company at cash upfront. Rather than waiting for months and days for payments from customers, companies get paid within 24 hours. Factoring companies are paid directly by the customers
BENEFITS OF FREIGHT FACTORING More Cash Flow: Freight factoring for small businesses gives predictable cash flow so that firms can cover important expenses like fuel, maintenance, and wages on time. Faster Payments: No more waiting weeks or months to get paid. Factoring provides immediate access to working capital. Business Expansion Opportunities: With predictable cash flow, firms can buy new equipment, hire additional drivers, or expand operations with confidence. Streamlined Back-Office Operations: Some freight factoring companies receive invoices and monitor payments, allowing owners to focus on growing business. No Debt Charged: Unlike loans, freight factoring does not incur interest or payment schedules. It is based on your customers' credit ratings, not yours.
SELECTING THE RIGHT FREIGHT FACTORING COMPANY To select the best freight factoring company, you need to ensure: Look for competitive rates and low fees. Look for other benefits such as fuel rebates or equipment leasing. Make sure they offer flexible terms to meet your requirements. GET STARTED NOW! Take control of your cash flow today. Use a reputable freight factoring company today and keep your trucks rolling while building your business! CONTACT US Phone (800) 207-7661 Mail info@tbsokc.com Website https://tbsfactoring.com