Toll Free: 1.888-337-3432
Email us: info@elitedriversystems.com
Turn Your Freight
WHO CAN BENEFIT?
Tailored Freight Factoring Solutions
for Your Trucking Business
Owner-Operators
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.
Why Choose Elite Freight Factoring?
Boost Your
Cash Flow
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 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 services 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.
HOW IT WORKS
Simple Steps to Unlock Your Cash
with Freight Factoring Services
Invoice Submission
Deliver freight and generate invoices for completed deliveries.
Quick Approval Process
Submit your invoices to us for quick approval. Our streamlined process ensures a prompt response.
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 invoicing and follow-ups 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.
FREQUENTLY ASKED QUESTIONS
Freight factoring is a financial service that allows trucking companies to sell their outstanding invoices to a factoring company, like Elite Driver Systems, at a discount. Instead of waiting months for payment from shippers or brokers, you receive immediate cash, helping improve cash flow and meet day-to-day expenses.
Once you’ve submitted the necessary paperwork, we can typically fund your invoices within 24 hours. This rapid turnaround helps you keep your business running smoothly, covering fuel, maintenance, and payroll costs without delays.
No. Your personal or business credit score is not a primary factor in freight factoring approval. Instead, our focus is on the credit of your customers (shippers) who will be paying the invoices.
Factoring rates vary based on the volume of invoices, the credit of your shippers, and other factors. At Elite Driver Systems, we offer competitive, transparent rates with no hidden fees. Contact us for a customized rate quote.
Yes, since Elite Driver Systems handles the collection process, we do notify your customers. However, we work professionally and transparently with your clients, maintaining a positive relationship, ensuring a smooth experience for both parties.
Let´s Stay Connected!
Ready to Boost Your Cashflow with
Elite Freight Factoring Services?
