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?
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 is one of the biggest expenses a trucking company faces. Use our Comdata Fuel Card to fill up for less, every time.
Integrity Factoring offers excellent rates on equipment finance for the transportation industry.