What is Factoring?
Factoring is a financial service that helps people turn their invoices into immediate cash. Instead of waiting 30-60 days for slow paying customers to mail a check, factoring allows a business to get paid the same day. This cash helps to pay for immediate expenses like fuel, parts and labor. It is a crucial financial service for new trucking businesses.
Our factoring partner, Integrity Factoring has created a simple, hassle-free factoring program. With a low flat rate that never goes up and NO other fees, you can be confident that you're getting the best deal out there.
3% Flat rate for semi's and heavy hot shots. 4% flat rate for box trucks and light hot shots.
What's included in Integrity Factoring's Program?
Back-Office Support
We will handle all of the billing and collections with your customers. Organized and all in one place, you can login 24/7 to view your account.
Fuel Card
Fuel is one of the biggest expenses a trucking company faces. Use our Comdata Fuel Card to fill up for less, every time.
Equipment Financing
Integrity Factoring offers excellent rates on equipment finance for the transportation industry.