Hot Shot Trucking Factoring FOR Lexington COMPANIES

Have you ever wished you could receive immediate payment for the freight bills you send to your customers, especially considering the typical payment period of 30-60 days or more? Your wish is our command! Our trucking factoring company offers you the opportunity to access up to 100% of the payment upfront, without any reserve requirements. We take care of collecting the payment from your customers, allowing you to devote your time and energy to other crucial aspects of managing your trucking business. Once your customer settles the bill, we refund the remaining 3-15% reserve balance to you, minus the factoring fee. It's important to note that this is not a loan, so you won't incur any debt. You can immediately employ that cash to foster the growth and success of your trucking business.

We have been serving customers since 1979, establishing a solid reputation over the years. Being privately owned and financially strong, we have managed to withstand economic downturns that have caused other companies to close down. We understand the struggles that come with tough times. Our goal is to help you make informed financial decisions, irrespective of the circumstances. Rest assured, we will be by your side, supporting your trucking business and ensuring its smooth operation and long-term viability.

We have been serving customers since 1979, establishing a solid reputation over the years. Being privately owned and financially strong, we have managed to withstand economic downturns that have caused other companies to close down. We understand the struggles that come with tough times. Our goal is to help you make informed financial decisions, irrespective of the circumstances. Rest assured, we will be by your side, supporting your trucking business and ensuring its smooth operation and long-term viability.

Experience our superior offerings and service. Call us today.

Rest assured you're making a smart decision by selecting our factoring company. We have been funding businesses of all sorts and sizes since 1979. If your needs surpass our scope, we have amassed a large network of resources to help you locate the ideal match for your business right from the onset. You'll be impressed by our versatility and our knack for aligning your specific needs and industry with the perfect funding solution. We stand tall against our competitors because we can offer custom-fit solutions.

We work alongside trucking companies, no matter their size or longevity. Small businesses are like the heartbeat that keeps our economy alive and flourishing.

If you deliver shipments for trustworthy companies and want to avoid waiting for your money, factoring is an option to explore. If your customers have a good payment history, factoring can be a beneficial choice.

Definitely! If you and the IRS have made an agreement to make payments, we may be able to offer our support.

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

Indeed, if the UCC is holding your unpaid bills as collateral, we'll need the lender to agree to lower its priority or end it to enable factoring. Factoring requires having the top spot with the UCC for your unpaid bills. We can assist you in managing that process.

Absolutely! Unlike most companies, we make it a point to be completely transparent about our fees and rates from the beginning. Our factoring rates are really competitive in the industry and depend on factors like the number of trucks you run, the amount of business you want to factor, the type of loads, and any risk tied to your customers. We provide funding options through ACH, wire transfer, and electronic invoice submission. Each of these choices comes with a small fee, which we'll always make clear right at the start when we present our factoring proposal. We don't charge any setup fees like the others. There are no monthly minimum fees or any other additional charges either.

No obligations at all! Actually, you can personally decide which invoices you want us to help you with. Plus, we provide agreements starting from as short as 90 days. Our factoring program is akin to carrying a credit card in your wallet. It's available for use whenever you need it. Contact us immediately, and let's begin today.

No problem whatsoever, you have the freedom to decide which accounts you want to factor. You can handpick the invoices you want to submit for funding whenever it suits you.

Complete an easy online application and submit the required documents: 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 copy of your W-form; and possibly a couple more documents depending on the scale of your business. Generally, you'll receive a proposal within 2hours, and from the start to the funding stage, the entire process typically takes around to days.

Set up your business as a legitimate entity (Corporation, LLC, sole proprietor) with the required credentials (DOT or MC) and insurance. Also, make sure your customers have a reliable financial background.

You forward us the necessary documentation, such as your invoice, bill of lading, load confirmation, and any supporting materials.

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

Certainly! Our private company is comprised of entrepreneurs who've faced the same challenges you are facing. We're committed to supporting you at every step. We take the time to understand your unique situation and tailor a plan specifically for your business. Reach out to us today for an obligation-free chat!

Our interactions with your customers are carried out professionally and respectfully, recognizing the significance of these relationships for your company. It's crucial to note that we are not a collection agency. Instead, we function as your dedicated Credit and Collections Department for factored invoices. This involves making calls on your behalf to check payment statuses, maintaining a record of check dates that we can share with you, and relaying any necessary messages. Our goal is to simplify the process and provide you with more time and resources to allocate to other important tasks.

Absolutely! You'll have easy online access to aging reports, and we'll make sure you're up to speed on any collection concerns to avoid any unexpected surprises.

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

We are committed to employing advanced technology to streamline the funding process. This includes electronic invoice submission, online reports, credit checks, and other emerging methods that enhance efficiency and reduce expenses. Our streamlined processes allow us to offer you lower rates compared to most other companies. Reach out to us today, and we'll demonstrate the unique advantages that make us a standout choice.

All kinds of transportation companies use our factoring service to improve their cash flow and enhance their financial performance. Starting is simple—just reach out to us, and we'll provide all the details.