Toll Free: 1.888-337-3432
Email us: dispatch@elitedriversystems.com
how it works
Freight Factoring Services
Invoice Submission
Deliver freight and generate invoices for completed deliveries to apply for freight factoring services.
Quick Approval Process
Submit your invoice to us for quick approval for freight factoring. Our streamlined process for freight invoice factoring ensures a prompt response.
Freight Factoring For Cash Advance
Upon approval, we provide immediate payment within 24 hours, helping you cover expenses and maintain your fleet.
Collection Management
We handle collecting payments from your clients, managing invoice and follow-ups in our freight factoring services to save you time and resources.
Final Settlement
Once your client pays, we deduct our fee and any charges, then promptly forward the remaining balance to you.
the reasons why
Boost Your Cash Flow With Freight Factoring Services
Gain immediate access to funds, ensuring that you have the working capital needed to keep your operations running smoothly.
Minimize Payment Delays
Avoid the frustration of waiting for clients to settle invoices. Our freight factoring service for trucking companies and logistics industry accelerates the payment process, reducing delays.
Risk Mitigation
We conduct credit checks on your clients, reducing the risk associated with slow-paying or unreliable customers.
Flexibility and Scalability
Our freight factoring services for trucking companies, independent truck drivers and logistics industry are scalable to accommodate the changing needs of your business. Factor as many or as few invoices as necessary.
Focus on Your Business
With the burden of collections lifted, you can concentrate on your core operations – managing routes, maintaining vehicles, and ensuring timely deliveries.
WHO CAN BENEFIT?
Our freight factoring
services are tailored for:
Owner-Operators
Freight factoring for independent truck drivers seeking to optimize cash flow and maintain financial stability.
Small to Mid-sized
Trucking Companies
Businesses facing cash flow challenges due to delayed payments from clients.
Startups in the Logistics
Industry
New ventures needing quick access to working capital to establish and grow their operations.