Trucking Factoring FOR Minnesota COMPANIES

What if you could receive instant payment for the freight bills you send to your customers, bypassing the usual 30-60 day waiting period? It might sound too good to be true, but it's not! Our trucking factoring company offers you the opportunity to receive up to 100% of the payment right when you need it, without any reserve. We take charge of collecting the payment from your customers, freeing up your time to focus on other essential aspects of your trucking business. Once your customer settles the bill, we refund the remaining 3-15% reserve balance to you, after deducting our factoring fee. It's crucial to understand that this is not a loan, so there's no need to worry about accruing any debt. You can put that money to work immediately to drive the growth of your trucking business.

We've been serving customers since 1979, accumulating years of experience. As a privately owned company, we have a strong financial position that has helped us withstand economic downturns that have caused other businesses to collapse. We know firsthand the struggles that come with tough times. Our objective is to guide you in making sound financial decisions, regardless of the circumstances. Rest assured, we'll be by your side, supporting your trucking business and ensuring its continued smooth operation and resilience.

We've been serving customers since 1979, accumulating years of experience. As a privately owned company, we have a strong financial position that has helped us withstand economic downturns that have caused other businesses to collapse. We know firsthand the struggles that come with tough times. Our objective is to guide you in making sound financial decisions, regardless of the circumstances. Rest assured, we'll be by your side, supporting your trucking business and ensuring its continued smooth operation and resilience.

Experience our superior offerings and service. Call us today.

Be certain that you're on the right track by choosing our factoring company. For over four decades, we've been supporting different types of businesses. If your needs go beyond our scope, we have a vast network to help you find the best fit for your business right away. You'll appreciate our ability to adapt to your needs. Our company outperforms our competition with its adaptability and custom-made solutions.

We engage with trucking companies, irrespective of their size or duration. Small businesses serve as the foundation that holds our economy together.

If you deliver shipments for creditworthy companies and want to avoid waiting for your payment, factoring is a beneficial choice. If your customers have a history of paying on time, factoring is worth considering.

Absolutely! If you and the IRS have a plan for making payments, there's a good chance we can provide assistance.

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

Indeed, if the UCC holds 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 believe in being completely transparent about 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 volume you want to factor, the type of loads, and any risks tied to your customers. We provide funding through ACH, wire transfer, and electronic invoice submission. Each of these options incurs a small fee, which we'll clearly explain when presenting our factoring proposal. We don't charge any setup costs like the others. Additionally, there are no monthly minimum fees or any other types of charges from us.

No commitments required! Actually, you have the flexibility to handpick the invoices you want us to assist you with. Furthermore, we offer agreements as short as 90 days. Our factoring program is akin to carrying a credit card in your pocket. You have it available for use whenever necessary. Call us now, and let's embark on this journey today.

No need to stress, you have the flexibility to choose which accounts to factor. It's entirely your decision to select which invoices you want to submit for funding whenever you see fit.

Fill in a simple and convenient online form and include the necessary documentation: proof of insurance; a scanned copy of your driver's license; official paperwork such as Articles of Incorporation or Fictitious Business Name Statement (DBA filing); a copy of your W-form; and maybe one or two more documents depending on the size of your business. Typically, you'll receive a proposal within 2hours, and from start to funding, the entire process usually takes about to days.

Establish your business as a valid entity (Corporation, LLC, sole proprietor) with the proper credentials (DOT or MC) and insurance. Similarly, assess the financial reliability of your customers.

You submit your invoice, bill of lading, load confirmation, and any other necessary supporting materials to us.

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

Indeed! We're a private company made up of entrepreneurs who have been in your position. We understand your challenges and are here to assist you through every step. We listen to your needs and devise a unique plan for your business. Get in touch with us today for a no-commitment conversation!

We handle all customer interactions professionally and with respect, recognizing the impact of these relationships on your business. It's worth noting that we are not a collection agency. Instead, we act as your dedicated Credit and Collections Department for factored invoices. This includes making calls on your behalf to monitor payment statuses, maintaining a record of check dates that we can share with you, and conveying any necessary messages. Our goal is to simplify the process and allow you and your team to focus on other important aspects of your operations.

Of course! You'll have convenient online access to aging reports, and we'll keep you in the loop regarding any collection concerns to ensure there are no unexpected surprises.

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

We are committed to utilizing advanced technology to streamline the funding process. This includes electronic invoice submission, online reporting, credit checks, and other modern methods that enhance efficiency and reduce costs. With our efficient processes, we can provide you with lower rates compared to many other companies. Contact us today, and we'll demonstrate the unique benefits we offer that set us apart from the competition.

Looking to increase your cash flow and strengthen your profitability? Our factoring service is the solution for transportation companies, regardless of their size. Just reach out to us, and we'll provide all the necessary details.