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Business Freight Factors

Factor with Freight Check

Freight Check is the company that aids in freight factoring. The company provides fast and reliable solutions in the line. The professional and well trained staff at Freight Check makes the freight factoring experience for you a pleasant one. There are a number of features that make Freight Check shine among its competitors:

1.       Freight Check holds expertise in serving Small Trucking Companies and Owner Operators. It helps the newly started company to get introduced to new reliable brokers; they will provide the required credit to take care of the initial start up of the business. An accountant service can also be availed to maintain your business accounts. The online credit check and reports help you to control everything that is factored.

2.       The cash requirement is met immediately with the same day funding feature by the Freight Check. When the bill is purchased the complete payment against the bill is done, unlike other factoring companies which hold the part of the funds in reserve account. The fee applied for bills purchasing is same for all the bills and the money against the bills is deposited to the Comcheck directly or over the phone.

3.       The Freight Check provides you with your Comchek cards for free. This card can be issued to your company or your truck drivers. The card will help you keep track of all the transactions that are done with the card like ATM withdrawals, debit transactions, phone calls etc.

4.       The company provides you the flexibility to choose a certain broker of which all the freight bills are automatically factored by the Freight Check in future, unless you stop the process. The Account Management center of this factoring company also provides credit information of all important brokers so that you can be aware of the broker you will be hauling for.

5.       There is no minimum and maximum limit that should be factoring every month.

6.       The Freight Check also provides complete administration support such as correspondence, invoicing, fuel cards entry, accounts and reporting.

7.       There is no close ended contract like for 6 months or 1 year when you use the Freight Check factoring services.

8.       No debt is created only the amount equal to the bills receivables is paid to you. The process only helps you get your money quickly and there is no need for owner operators to wait for 30-60 day periods.

9.       The factoring service is non-recourse.

How to avail the factoring service of Freight Check?

The quick and efficient way to get the funds receivable in your hand within the same day you submit your freight bills is now possible through Freight Check. You can submit your freight bills by simply opening an online account. The user Id and password will be provided to you upon registration. Whenever you want to use the factoring service of the company simply login with the credentials to the Account Management Center of the company. The center will track all the information of your account. You can submit an online factoring application by selecting the particular broker after the delivering of load. You will be funded the full amount same day with the Comchek card.

Use our loadboard for further information on factoring services and owner operators jobs information

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Freight Factors Freight Loads

Interstate Capital Corp: Freight Factoring Services

If you are in to some trucking business then this article will help you a lot to improve your business skills and business itself. Most of the times the cash flow of the shipping and trucking industries gets interrupted because they wait for the payment which is to be paid by the enlisted companies who utilize their services. So to avoid this interruption of cash flow freight factoring is utilized.

In freight factoring the truckers are immediately paid after they have completed their work. And this payment is not concerned with the payment of the shippers for which they are actually working. The freight factoring companies like Interstate Capital firstly purchases the shipping company’s invoices and then releases funds for the carriers. Shipping companies then pay to their invoices within 30 to 40 days. The owner operators in the trucking companies keep repairs, salaries, maintenance and fuel in their minds because these are the most vital expenditures of any trucking company. And these expenses are needed to be full filled regularly after a particular time interval. Utilizing freight factoring can help you to get the payment on time to full fill all these basic expenses
Now days this freight factoring facility is also available online you can utilize facility of freight factoring by simply getting an access to the internet. You have to invoice your trucking company with the freight factoring facility providers online and they will pay you the amount immediately. Among this freight factoring providers’ one name is “interstate capital”, which is a reliable online factoring facility providing company.
Interstate Capital provides categories of freight factoring facility depending on the size of the business and automobiles used for shipment or utilized in business. They also provide fuel advances up to 40 % which helps to manage the expenses of the trucking company. Factoring rates per invoice starts at as low as 0.49% per invoice. They will mail you the invoices regularly so that you must be informed. The company provides 24/7 access to the invoice records and reports through an efficient online system. Freight factoring is more reliable than taking loans, because of the fact that the Interstate Capital charges according to the payer’s payment scale and then makes their decisions. And it is very easy to get factoring as compared to getting the loan for your business because while getting loan you have to full fill certain formalities, while Interstate Capital online proposal takes just 2 minutes. And it takes only 3 business days to fund the freight companies.
While availing the freight factoring facility, Interstate Capital provides you with the professional services of preparation of the invoices, their postage and collection. The company also provide you funding without considering the original bill of shipment and the fund transfer is also online, so it is completely electronic, which is the need of recent times. The payment is posted every day on time with out any delay. There we see that Interstate Capital gives fast and efficient solutions for the smooth running of the trucking business.
Get more of information on freight factoring at our Freight Load Board.