Hot Shot Trucking Factoring FOR El Monte COMPANIES

What if you could receive instant payment for the freight bills you send to your customers, rather than waiting for 30-60 days or more? It would certainly make a difference, right? Our trucking factoring company offers you the opportunity to access up to 100% of the payment right when you need it, with no reserve required. We take care of collecting the payment 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. Remember, this is not a loan, so there's no debt involved. You can immediately put that money to use and accelerate the growth of your trucking business.

With a legacy that spans over four decades, we have been in business since 1979. As a privately owned company, we have built a solid financial foundation that has helped us navigate economic downturns that have caused other businesses to falter. We understand the challenges that arise during tough times. Our commitment is to provide you with expert financial advice, whether the times are favorable or challenging. Count on us to be there, supporting your trucking business and ensuring its continuous smooth operation and strength.

With a legacy that spans over four decades, we have been in business since 1979. As a privately owned company, we have built a solid financial foundation that has helped us navigate economic downturns that have caused other businesses to falter. We understand the challenges that arise during tough times. Our commitment is to provide you with expert financial advice, whether the times are favorable or challenging. 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.

You can be sure you're making a wise choice with our factoring company. We've been funding companies from various industries since 1979. If your needs go beyond our service range, our extensive resource network can help you find the best match for your business. You'll appreciate our ability to adjust to your specific needs. Our company is superior to others due to our vast resources and custom-fit solutions.

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 haul loads for creditworthy businesses and would rather not wait for your money, factoring is a viable solution. If your customers consistently adhere to your payment terms, factoring is advantageous.

You got it! If you and the IRS have a payment plan established, there's a good chance we can be of help.

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

Absolutely, if the UCC has your invoices as collateral, we'll need the lender to agree to move it down or terminate it to accommodate factoring. Factoring requires having the UCC in the top position for your invoices. We can assist you in managing 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 such as the number of trucks you have, the amount you want to factor, the type of loads, and any risks related to your customers. We offer funding through ACH, wire transfer, and electronic invoice submission. Each of these options carries a small fee, which we'll clearly explain right at the beginning when we present our factoring proposal. We don't charge any setup fees like the others do. There are no monthly minimum fees or any other additional charges either.

No minimum requirements! In fact, you have the choice to pick and choose which invoices you want our assistance with. Furthermore, we have agreements starting as short as 90 days. Our factoring program is comparable to carrying a credit card in your wallet. You have it ready to use whenever necessary. Get in touch with us now, and let's kick off today.

Absolutely, you have the authority to choose the accounts you want to factor. It's your decision to select which invoices you want to submit for funding as often as you need.

Complete a quick and easy online application and provide: 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 possibly a couple more documents depending on the size of your business. Typically, you'll receive a proposal within 2hours, and from start to receiving the funds, the whole process usually takes around to days.

It's crucial to have your business registered under a recognized legal form (Corporation, LLC, sole proprietor) with the required authority (DOT or MC) and insurance. Similarly, verify the creditworthiness of your customers.

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

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

Sure thing! As a private firm, we're made up of entrepreneurs who know your journey. We've faced similar challenges and are ready to guide you at every step. We ensure we understand your needs to devise a tailored strategy for your business. Contact us today for a no-pressure conversation!

Our approach to interacting with your customers is always professional and considerate, acknowledging the significance of these relationships for your company. It's important to clarify that we are not a collection agency. Instead, we take on the responsibility of being your designated Credit and Collections Department for factored invoices. This includes making calls on your behalf to inquire about payment statuses, maintaining a record of check dates that we can share with you, and passing along any necessary messages. Our aim is to simplify the process and enable you and your team to focus on more important endeavors.

You bet! You'll have online access to aging reports, and we'll keep you updated on any collection issues to ensure there are no surprises along the way.

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

We are dedicated to leveraging cutting-edge technology to simplify the funding process. This includes electronic invoice submission, online reporting, credit checks, and other emerging methods that optimize efficiency and reduce overheads. By embracing these modern approaches, we can offer you more competitive rates compared to other companies. Get in touch with us today, and we'll showcase the unique benefits that make us stand out.

We offer factoring services to transportation companies, allowing them to improve their cash flow and strengthen their profitability. Getting started is a breeze—just reach out to us, and we'll provide you with all the necessary information.