Trucking Factoring FOR New York City COMPANIES

Ever wished you could receive instant payment for the freight bills you send to your customers, rather than waiting for 30-60 days or more? It's time to turn that wish into reality! Our trucking factoring services allow you to access up to 100% of the payment upfront, with no reserve involved. We handle the collection process from your customers, freeing up your time to focus on managing other crucial areas of your trucking business. Once your customer pays the bill, we refund the remaining 3-15% reserve balance to you, minus the factoring fee. Remember, this is not a loan, so there's no need to worry about accumulating any debt. You can put that money to work immediately and drive the growth of your trucking business.

Since 1979, we have been operating in the industry, accumulating decades of experience. As a privately owned company, we have maintained a solid financial position, allowing us to endure economic downturns that have caused other businesses to crumble. We understand firsthand the challenges that arise during tough times. Our commitment is to assist you in making informed financial decisions, no matter the economic climate. Count on us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.

Since 1979, we have been operating in the industry, accumulating decades of experience. As a privately owned company, we have maintained a solid financial position, allowing us to endure economic downturns that have caused other businesses to crumble. We understand firsthand the challenges that arise during tough times. Our commitment is to assist you in making informed financial decisions, no matter the economic climate. Count on us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.

Experience our superior offerings and service. Call us today.

Rest easy with the knowledge that you're making a prudent choice by selecting our factoring company. We've been backing companies across various industries and scales since 1979. If your needs extend beyond our boundaries, our wide network of resources can help you find the ideal match for your business straight off the bat. You'll admire our flexible approach and our ability to connect your unique needs to the perfect funding source. Our company outshines our competitors with our tailored services and vast resource network.

We collaborate with trucking companies, whether they're big or small, new or experienced. Small businesses are like the glue that keeps our economy stable and united.

If you deliver shipments for trustworthy companies and prefer not to wait for payment, factoring offers a potential solution. If your customers have a good payment history, factoring is worth considering.

Absolutely! If you and the IRS have a payment understanding, we can likely assist you.

Give us a shout and speak with one of our veteran factoring experts.

Sure, if the UCC holds your unpaid bills as collateral, we'll need the lender to agree to lower its priority or end it to allow for factoring. Factoring requires having the top spot with the UCC for your unpaid bills. We can support you in navigating that process.

Absolutely! Unlike most companies, we believe in complete transparency when it comes to our fees and rates. Our factoring rates are highly competitive in the industry and depend on factors like the number of trucks you have, the volume of business you want to factor, the type of loads, and any risks associated with your customers. We offer funding options through ACH, wire transfer, and electronic invoice submission. Each of these choices incurs a small fee, which we'll clearly explain when we present our factoring proposal. We don't charge any setup fees like the others. Plus, you won't find any monthly minimum fees or any other additional charges from us.

No need for any minimum commitments! You can handpick the invoices you want us to assist you with. Furthermore, our agreements can start from just 90 days. Our factoring program is similar to having a credit card, providing you with the flexibility to use it whenever necessary. Contact us immediately and let's get started today!

No problem, you have the authority to pick the accounts you want to factor. You can choose the specific invoices you want to submit for funding whenever you need.

Complete a short application online and submit: proof of insurance; a scanned copy of your driver's license; legal paperwork such as Articles of Incorporation or Fictitious Business Name Statement (DBA filing); a duplicate of your W-form; and perhaps a couple of additional documents depending on your business's size. Typically, you'll receive a proposal within 2hours, and the whole process, from start to receiving the funding, usually takes to days.

It's important to register your business as a recognized entity (Corporation, LLC, sole proprietor) with the appropriate authorization (DOT or MC) and insurance. Likewise, verify the financial stability of your customers.

You share your invoice, bill of lading, load confirmation, and any accompanying backup documents with us.

Speak to one of our account representatives and we’ll give you all the information that fits your particular business.

Absolutely! We're a private company, made up of like-minded entrepreneurs who understand your journey. We've experienced the same and are committed to assisting you every step of the way. We listen to your unique situation and formulate a personalized plan for your business. Contact us today to discuss this further with no obligations!

Our interactions with your customers are carried out in a professional and friendly manner, understanding the value of these connections to your company's success. It's important to clarify that we are not a collection agency. Rather, we function as your dedicated Credit and Collections Department for factored invoices. This involves reaching out to your customers to check on payment statuses, keeping track of check dates that we can provide you with, and passing along any relevant messages. Our aim is to streamline the process and provide you with more time and resources to invest in other critical areas.

Sure thing! You'll have online access to aging reports, and we'll keep you informed about any collection matters to ensure there are no unexpected surprises.

find out more about how you can benefit from factoring with Orange commercial credit. call us today.

We are committed to leveraging cutting-edge technology to expedite the funding process. This includes electronic invoice submission, online reports, credit checks, and other emerging methods that streamline operations and reduce costs. Our efficient processes enable us to offer lower rates compared to most other companies. Contact us today, and we'll demonstrate the unique advantages we offer that set us apart from the rest.

Companies in the transportation industry, regardless of their scale, turn to our factoring service to enhance their cash flow and bolster their bottom line. Initiating the process is straightforward—just give us a call, and we'll provide you with all the necessary information.