Trucking Factoring FOR Newport News COMPANIES

Have you ever imagined receiving immediate payment for the freight bills you send to your customers, rather than waiting for 30-60 days or more? Now, you can transform that imagination into reality with our trucking factoring services! We offer you the opportunity to access up to 100% of the payment right when you need it, with no reserve held. We handle the collection process from your customers, allowing you 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, after deducting the factoring fee. Keep in mind that 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.

With a history stretching back to 1979, we have been operating our business for a considerable period. We are privately owned and have a stable financial footing, which has allowed us to endure economic downturns that have spelled doom for many other companies. We understand the challenges that arise during tough times. Our mission is to assist you in making the right financial choices, whether times are favorable or challenging. You can depend on us to be there, ensuring the seamless functioning and unwavering strength of your trucking business.

With a history stretching back to 1979, we have been operating our business for a considerable period. We are privately owned and have a stable financial footing, which has allowed us to endure economic downturns that have spelled doom for many other companies. We understand the challenges that arise during tough times. Our mission is to assist you in making the right financial choices, whether times are favorable or challenging. You can depend on us to be there, ensuring the seamless functioning and unwavering strength of your trucking business.

Experience our superior offerings and service. Call us today.

Feel at ease knowing that you're making a wise move when choosing a factoring company. For over four decades, since 1979, we've been supporting a wide array of businesses in different fields. If your needs go beyond our capabilities, we've got an extensive network of resources that can save you significant time, by matching you with the right funding source right from the start. You will value our flexibility and our talent for aligning your unique needs and industry with the best funding resource. We outperform our competition by offering a vast range of resources and tailored solutions.

We partner with trucking companies, regardless of their scale or years in operation. Small businesses play a pivotal role in ensuring the sustainability and success of our economy.

If you carry goods for creditworthy companies and prefer not to wait for your payment, factoring can help. If your customers have a history of paying on time, factoring is worth considering.

Of course! If you and the IRS have a payment arrangement in place, there's a good chance we can lend a hand.

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

Yeah, if the UCC holds your invoice payments as collateral, we'll need the lender to agree to put it below or end it to accommodate factoring. Factoring requires having the first position with the UCC for your invoice payments. We can assist you in managing that procedure.

Absolutely! Unlike most companies, we believe in being completely open about our fees and rates. Our factoring rates are highly competitive in the industry and depend on factors like the number of trucks you operate, the volume you want to factor, the types of loads, and any risks tied to your customers. We offer funding through ACH, wire transfer, and electronic invoice submission. Each of these options incurs a small fee, which we'll always clearly explain right from the start when we present our factoring proposal. We don't charge any setup fees like the others. Plus, there are no monthly minimum fees or any other additional charges either.

No obligations on your end! You can personally decide which invoices you'd like us to assist you with. Moreover, our agreements can start from just 90 days. Our factoring program is like having a credit card in your pocket, available for use whenever necessary. Reach out to us today and let's get started!

No, you have the choice to decide which accounts to factor. You can select the specific invoices you want to submit for funding as often as you like.

Complete a simple online application and provide the required paperwork, including proof of insurance, a scanned copy of your driver's license, official documentation like Articles of Incorporation or Fictitious Business Name Statement (DBA filing), a copy of your W-form, and maybe a few more documents depending on the size of your business. Typically, you can expect to receive a proposal within 2hours, and from start to funding, the whole process usually takes about to days.

Set up your business as a legitimate entity (Corporation, LLC, sole proprietor) with the necessary authorization (DOT or MC) and insurance. Additionally, make sure your customers have a good financial standing.

You submit your invoice, bill of lading, load confirmation, and any other relevant backup to 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 always handled with professionalism and courtesy, recognizing the significance of these relationships to the growth of your business. It's important to highlight that we are not a collection agency. Instead, we act as your dedicated Credit and Collections Department for factored invoices. This means we take the responsibility of making calls on your behalf to check payment statuses, keeping a record of check dates that we can share with you, and passing along any relevant messages. Our aim is to simplify the process and provide you with more time and resources to invest in other essential areas.

Definitely! You'll be able to access aging reports online, and we'll make sure you're aware of any collection issues to prevent any surprises.

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

With our team's expertise and resources, you can make informed decisions regarding the creditworthiness of brokers. We provide real-time credit checks, allowing you to select the most suitable loads. This valuable information helps you stay informed about payment trends and avoid potential bad debt, ensuring your business runs smoothly.

Boosting cash flow and improving financial performance is crucial for transportation companies. Our factoring service is tailored to help you achieve those goals. Get in touch with us, and we'll walk you through the process.