
Freight Capital specializes in financial solutions that create cash flow without creating debt, designed specifically for the transportation industry. Carriers receive funding for invoices in 24 hours or less on delivered loads, closing the time gap between their expenses and collections. With no volume or minimum requirements, Freight Capital provides Carriers with a Fast Cash solution to slow-paying customers without hefty fees or hidden costs.
With so many upfront expenses, most carriers need daily working capital that is not available from banks or quick-fix lenders who charge high fees with hidden costs. Freight Capital simply buys freight invoices for a fee as small as 1%, advancing cash on the invoice quickly and then collecting from the debtor. This process releases cash normally tied up for 30 to 60 days and allows the Carrier to extend credit terms to brokers, shippers and slower-paying customers.
One of the most important benefits of factoring invoices with Freight Capital is it automatically approves the Carrier for the best discount fuel program in the country, saving $1000s each year and available at 40,000 Petro, TA, Pilot, Wilco/Hess locations nationwide. This powerful tool can also be used to create Express Codes, get cash and transfer funds to checking or savings accounts while on the road.
With Express Enrollment, sign up takes only minutes to turn freight bills into cash in the bank. Starts-ups are welcome and same day cash is also available. For more details, visit http://www.freightcapital.com/ where you can sign up online with no obligation or call 1-800-775-0391 for immediate service. Freight Capital is the only factoring company who offers a 30-Day No Risk Trial for Carriers who would like to see if factoring is right for them.