Factoring for Freight Brokers
It’s about who you know. We have all heard this adage before. Of course, connections do not automatically equal success for freight brokers. Typically, brokers get paid when their shippers get compensated. This could lead to long periods between commission checks. Speed up the process with accounts receivable factoring through Fund My Freight!
Freight Factoring Made Easy
Traditional business loans tend to be laden with paperwork. For this reason, it can take months before financing is complete. When you’re functioning on a tight budget, a long wait may force a halt on operations. Accounts receivable factoring has revolutionized small business funding by eliminating loans altogether. Rather than borrow money at a premium interest rate, businesses can sell their invoices to a factor. Fund My Freight has taken the revolution a step further by cutting the paperwork process down to the most important details. Less forms for prospects to fill out means that we can approve applicants faster. This focus on efficiency has made it possible for clients of Fund My Freight to receive financing in as little as 24 hours. Say goodbye to waiting!
Patience isn’t a Virtue
Tired of waiting to collect on invoices? Fund My Freight offers accounts receivable factoring to get you funded in a little as 24 hours! With money in-hand, you’ll have the means to further develop your freight brokerage into a revenue generating machine.
The Fund My Freight Advantage
Clients of Fund My Freight will experience the highest quality of customer service, as well as a host of perks provided through our customer portal, such as:
Recourse & Non-Recourse Programs – Get tailored options fit for your situation
Capture Paperwork – Easily digitize important documents using your phone
Competitive Rates – Take advantage of the lowest fees in the factoring industry
Red Light/Green Light Credit Approval – Approve/deny brokers and shippers within minutes
Our Clients love us
All of my people tell me that Fund My Freight shines. We have been with three finance companies over the past couple decades and certainly like how responsive Fund My Freight is with any of our requests.