Traditional lines of credit can be hard to obtain for trucking companies without sufficient collateral or excellent credit. Lack of available funding can lead to bad cash flow situations. Freight factoring offers an instant cash flow injection.
Our Freight Factoring Program offers:
Added benefits include:
Freight Factoring allows trucking companies to receive fast cash flow for work completed. Bay View Funding, a freight factoring company, will purchase outstanding invoices (accounts receivable) and then fund the carrier for the purchased invoices.
The process could not be easier:
Receiving advance payment on your invoices allows you to:
Any Trucking company that has not already committed their accounts receivable as a form of collateral.
Simply scan your invoices from the road and get cash even faster. Get started today!
From fuel discounts to access to repair facilities, learn more now.
Hit the road without worrying about having the cash to pay for fuel. Find out how.
If you are considering truck factoring are we talking to you?
We want to hear from you!