factoring company for trucking

Offer Quick Pay programs to your carriers. [citation needed]. With freight bill factoring through TBS, you can get paid hours after delivering a load. [citation needed]. In 2011, Porter Capital acquired an experienced transportation factoring company and formed Porter Billing Services, LLC, now named Porter Freight Funding, which specializes in funding solutions for the trucking industry through freight factoring by providing 24-hour pay of freight invoices. 2022 RTS Financial Service, Inc. and RTS Carrier Services, Inc. All rights reserved. Waiting for invoices to pay is a drag! With our factoring services, you get funding on open invoices within 24 hours and simple, transparent pricing with no hidden fees. Save money on every haul with the industrys best fuel card. The proliferation of freight brokers called for an increase in financial integrity and liability of these companies, which has led to the passing of the Moving Ahead for Progress in the 21st Century Act (MAP-21). If your customer pays their invoice in 60 days, you will pay the APR for 60 days as well on top of the factoring fee. CLIENT LOGIN. Would you like to be paid the same day you deliver a load, rather than wait for 30 to 60 days? They engage in helping shippers find the best price with the best carrier for any given load. Is Factoring Cost Effective for Your Effective October 1, 2013, the surety bond requirement increased to $75,000. Typically, freight brokers do not "fingerprint", or touch, the freight. Hassle less. Step #9: Get financing. Another regulation that protects carriers and shippers is the freight broker bond - freight brokers must get bonded in order to operate legally. 123Loadboard is an industry leader in load board solutions with affordable web and mobile app platforms. Each state has different testing standards for CDLs. They give avenues to help you go out on your own. (Nov 2016)", https://en.wikipedia.org/w/index.php?title=Freight_company&oldid=1114019962, Short description with empty Wikidata description, Articles needing additional references from September 2013, All articles needing additional references, Articles with limited geographic scope from May 2012, Articles with multiple maintenance issues, Articles with unsourced statements from July 2018, Articles with unsourced statements from December 2016, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 4 October 2022, at 11:14. So instead of waiting 30, 60, or even 90 days for customer payment, companies use factoring to eliminate the wait on customer payment. It is no different for freight carriers, especially small to medium sized trucking companies and owner-operators. RTS Financial and RTS Carrier Services offer an integrated, easy-to-use solution for factoring, fuel discounts and trucking software. The motor carrier (MC) number, which is also known as operating authority, identifies the kind of trucking business you operate and the kinds of goods you are permitted to haul. Competitive advance rates and scalable funding that grows with your company. That means that doing business with factors, quick pays, and even banks requires real-world, fine-print knowledge. The SCAC is a privately controlled code used to identify different transportation companies. Find your next load on NextLOAD.com. [2] In order to obtain a license to broker freight, a freight brokerage must purchase a surety bond or trust agreement with the Federal Motor Carrier Safety Administration (FMCSA). The more we exchange money electronically, whether it be through purchasing goods or conducting business with associates, the more vulnerable we all are to fraud. WebProfit more. The more we share our stories, the more we learn. WebCalculating the annual fixed cost per mile of owning a truck alongside an annual average of variable costs will provide owner operator trucking rates per mile they need to run a profitable business. TBS uses the same system to obtain your MC#/USDOT Number. Boost your cash flow with TBS by getting paid the same day you deliver a load. The form designates a person in each state where your company operates to act as a legal process agent. For example, if your company is based in Missouri but you are sued by someone in Georgia, you need an attorney in Georgia who can receive the legal complaint and communicate it to you and your local attorney. Get the lowest insurance quotes from our trusted insurance partners. This checklist walks you through all the steps necessary to start a trucking company, gain your authority and operate legally as an interstate trucking company. Companies that specialize in the moving of cargo from one place to another, The examples and perspective in this article, Learn how and when to remove these template messages, Learn how and when to remove this template message, Transportation Intermediaries Association, British International Freight Association, Federal Motor Carrier Safety Administration, "Moving Ahead for Progress in the 21st Century Act (MAP-21)", "The Present and Future of Trucking, our Country's Broken, Inefficient Economic Backbone." Mike Thrasher, Chief Sales Officer for Apex Capital, brings 20 years of experience in sales. Factoring for trucking companies operating in Mexico. For more information, visit the FMCSAs website. Give us a call, or request a callback or drop us an email, were here to help. No matching company found. The site features route planning and customer-specific discount prices nationwide. WebDAT Load Board Right load. Running an independent trucking company can be overwhelming, and you wont always have a computer on hand to handle your finances. He shares invaluable tips on using a factoring company as a trusted partner. Please enter your DOT or MC number below to get started. Search4Freight is an exclusive freight load board for carriers and brokers that has new loads each day in real-time. Any truck that weighs 55,000 pounds or more is subject to the federal heavy-highway vehicle use tax. Copyright 2022 TBS Factoring Service, LLC | Website by. But, it doesnt have to be. Driving distances without a load can't be entirely avoided it's a natural [], portercap_admin2022-11-21T21:56:26+00:00November 21, 2022|, Heavy haul trucking is a popular method for transporting goods and machinery across the U.S. WebWe help trucking companies start and grow their businesses. JLP. A shipping method is determined by evaluating three factors: time, cost, and product characteristics. Delivering experience, knowledge and financial solutions in a variety of fields. The FMCSA also provides funding for states to conduct roadside truck inspections and other safety programs. WebEasiest Load Board To Find Truck Loads Quickly. Learn more about invoice factoring. Some freight companies specialize in certain parts of the market. With our exclusive TBS Fuel Finder, customize your route plan to find the biggest discounts on fuel nationwide. Create your free load board account today! They are very professional, responsive & helpful when it comes to their Clients and Outside brokers. Google Review My all time favorite factoring company where you can easily reconcile your books and super easy to Bill the invoices. How Factoring Can Be a Crucial Ingredient in the Success of Trucking Companies, How to Make Your Fuel Card Work for You and Your Trucking Company, How To Spot Freight Fraud Before Hauling a Load, Apex Capital Moves Headquarters to Downtown Fort Worth. Speak your heart out on any trucking related problems or services. If a freight company does not have its own negotiated carrier rates, there are other types of technology and partnerships that can be used in lieu of a transportation management system. Find out how factoring works. What every trucking company needs to know about factoring receivables. RTS Financial, a factoring company founded in 1986, offers working capital solutions to businesses across multiple industries, but with a clear focus on the trucking industry. With 100 combined years of trucking factoring experience, its safe to say we know what were doing. Delivering experience, knowledge and factoring solutions in a variety of industries. To learn what your state requires, pick up a CDL manual at your local Department of Motor Vehicles office. He knows all you need to know about fees, fraud, and discounts at the pump. Our rep, Dawn, is very professional and helpful. Because cash flow is king. With TBS, getting set up is FREE andcan be done in as little as 24 hours. Our more than 500 motor carrier members range from many single-truck owner-operators, all the way to some of the nations largest companies. Anywhere. This can happen, for example, when the 3rd-Party Logistics company handles outsourced manufacturing and/or warehousing. There are numerous reasons to choose TBS as your factoring and back-office support team, but here are few quick reasons why so many truckers are part of the TBS family. Learn more about our factoring services and start fueling your cash flow today. One requirement to gain interstate operating authority is to register an up-to-date BOC-3 form with the FMCSA. When you factor your trucking companys freight bills with Apex, you can receive payment in minutes after your freight invoices are purchased. With so much conflicting information available on the internet, its hard to keep track of all the steps you need to follow. With a simple, low flat rate, you can be sure you're always funded to get They arent regulated by a government institution formally. Our business is transportation: No operation too large or too small. Average savings of 25 per gallon at over 2,000 fuel stations, Point-of-sale fuel discounts at more than 750 Pilot Flying J stations nationwide. Plus, you can access free credit data on 85,000 brokers and shippers, find freight and more on our exclusive RTS Pro mobile app. For truckers and especially trucking companies, cash flow keeps the tank full, the wheels greased, the freight loaded, and the driver happy. From the initial transfer from our previous company to date, we have had excellent customer service. Factoring for trucking companies operating in Mexico. You can acquire both numbers by registering your company with the Federal Motor Carrier Safety Administration (FMCSA). Avoid costly mistakes with help from industry experts. Thats a very important question particularly when it comes to cash flow, which could make or break a burgeoning company. Always a pleasure doing business with her. Please review your entries above and fill in a valid value for each required field. It is when your companys accounts receivable are converted into cash by selling the freight bill of lading or outstanding invoices to us, the factor. WebFreight Factoring Companies can provide the solutions a trucking company needs to work smarter and grow business. Leading trucking service providers for your business success, Automated page speed optimizations for fast site performance, Festival Offer: Get Free Factoring - 0% Fee (till 31 Dec 2022). Use your working capital to help improve and expand your business, and let TBS take care of your back-office billing and collections. Areas the agency oversees include CDL standards, carrier safety scores, drivers hours-of-service and driver medical examinations. Here at Apex we are proud of our clients. TBS provides free, unlimited, top-quality credit checks on every company you haul for. Whenever we have a question, our rep is there to give us answers quickly., We have been with Porter Billing for almost 3 years. We represent more than 860 companies from every part of the state. ; VERY LESS TRANSPARENCY : There are more and more alternative factoring companies that take on the practice of charging both a factoring fee and an APR on the money they give you. Complete this form and a representative will call you quickly with more information. WebTBS Factoring Service makes trucking easier with unmatched technology and customer service. It has more traffic and urban congestion than any other state, and is, overall, somewhat of Fuel costs can account for a large portion of a trucking companys total operating expenses. We offer the fastest freight factoring for trucking companies with no hidden fees, no long-term contract restrictions, and no required minimum volume demands. [4], Other logistics companies include 3rd-Party Logistics Providers. Shipping by rail could also be complemented by piggybacking the freight onto a truck so it can be delivered to the receiver. WebRTS Pro is an all-in-one mobile solution for your trucking company, providing quick access to your fuel discounts, factoring services, broker credit ratings and trucking software. If you're just starting out, owning and operating a trucking business can be overwhelming. There are various methods of shipping goods; by air, road, sea, or rail. Customize your search to find the perfect match and access the load board from anywhere on any device. Apex Capital Corp is the leading full-service factoring company for truckers. WebLoad Board and beyond. Cash flow is king. Get fast, same-day pay for your loads. Its there to keep the cash flowing so your trucking company succeeds. Sign up Now more than loads & trucks posted annually. Thunder Funding is far and away the best factoring company I have worked with. WebSteady cash flow in 24 hours. Because you dont work a regular 8-to-5, were now available 24/7. To learn more about UCR, visit your home state's Department of Transportation website. factoring. For more information on the BOC-3 form, visit www.fmcsa.dot.gov. Get the best factoring rates and better fuel discounts with RTS and Pilot Company. [citation needed], A recent trend is for freight brokers to specialize in offering automated platforms to shippers so that they can tender their own loads. However, because of the lack of exposure to the industry, 80 percent of them fail. But we do much more than buy freight invoices, we provide our factoring clients with a truckload of services all aimed at keeping the cash flowing. YVETTE BENITEZ. Porters most valuable asset is its staff that has 100+ combined years of freight factoring experience. Fuel is the top cost for independent trucking companies. Waiting on invoices to be paid in full makes it difficult to grow your business. As a trucking company, youre in the business of hauling freight. Start your trucking company with Apex! The Worst States for Trucking Companies California. California is quite the headache for small trucking company owners. With our industry-leading TBS: Get Paid app, you can manage your finances anywhere and anytime. There are thousands of freight companies in business worldwide, many of which are members of certain organizations. International trade finance in 40+ countries. We are having technical difficulties at this time. This checklist walks you through all the steps necessary to start a trucking company,gain your authority and operate legally as an interstate trucking company. DOT number is used to track your companys safety record and compliance with regulations. As well as its factoring work, Porter provides access to a dispatching network with pre-approved brokers and shippers and free fuel cards to truck drivers with fuel advances and discounts at chains across the United States. Create your Non-trucking use: This is coverage for accidents if youre hauling loads for another person or company. QuickTSI has created a collection of Freight Factoring Companies in the United States for the trucking industry. 301 Commerce St. Suite 1200 Factoring for oilfield services companies. Speak your heart out on any trucking related problems or services. We want our clients to tell their stories. choosing the right factoring company), can definitely be a silver lining to you. Factoring has become extremely common in the trucking business. Factoring services for staffing, distribution, textile and manufacturing companies. In Schramm, the Courts opened the door for freight brokers to be held legally liable in the case of a trucking accident, involving a carrier whom they hired to carry freight, that resulted in injury to a person. Before your company can begin operating, there are numerous government requirements you will need to meet and also keep current. She treats you like your one of the family. Getting your trucking authority to start your own trucking business can be downright intimidating. Freight factoring is the answer and a valuable financial tool. WebThe trucking industry is critical to our economy, many entrepreneurs want to start a business in this sector for a high return on investment. Use RTS Pro to find freight brokers with strong credit and payment histories. Combine fuel and factoring services to save money. These numbers are required for your trucking company to haul cargo in the United States. ProTransport software helps with accounting, dispatch, safety, maintenance and much more. Find additional information with the Owner-Operator Independent Drivers Association. Some of the worlds largest carriers, owner-operators, and freight brokers rely on our load matching services to find loads and move truck freight.. See the best load board for matching freight for truckers Simply click on the Live Chat icon in your app to receive 24/7 account service. We put together a list of red flag signs of freight fraud and we highlighted tools and services we have at Apex Capital to help arm carriers before they haul a load. Some freight dispatchers provide end-to-end services, managing everything from finding the loads to ensuring shippers pay their invoices on time. Freight brokers are federally regulated and bonded companies. WebThe trucking industry serves the American economy by transporting large quantities of raw materials, works in process, and finished goods over landtypically from manufacturing plants to retail distribution centers. WebRecourse factoring is a factoring agreement in which a trucking company sells its invoice receivables to a factoring company with the understanding that if the invoice remains unpaid after the recourse period for any reason (usually 60 to 90 days), the trucking company will be obligated to buy the invoice back. 2022 RTS Financial Service, Inc. and RTS Carrier Services, Inc. All rights reserved. At RTS, we offer same-day funding with no hidden feesand access to fuel discounts at more than 2,000 fuel stations nationwide. Some companies offer multi-modal solutions, this means that they offer more than one service, in many cases air and sea and in other cases air, sea, and road. To get both yourMC and USDOT numbers, you must completethe Motor Carrier Identification Report (MCS-150) and Safety Certification Application. Prepaid or credit lines. Best factoring companies for trucking include Apex Capital, TAFS, RTS Financial, TBS Factoring, eCapital, Thunder Funding, OTR Solutions, Porter Freight & CoreFund. Mon - Fri: 8AM - 5PM MST 866.834.2746. WebFor more than 80 years, the Nebraska Trucking Association has been advocating for and promoting the trucking industry in Nebraska. Trucks are also used in the construction industry, two of which require dump trucks and portable concrete mixers to move the large amounts of Here is a step-by-step guide to gaining your authority. Skip the bank processing times AND save money on fuel! Other dispatchers specialize in certain services. Serving world-class customer service since 1995, Apex began when friends David Baker and Dean Tetirick pooled their resources to open a company that makes a difference. The large down payment on insurance for a truck is one of the main challenges owner-operators face. We help trucking companies start and grow their businesses. We improve and provide consistent cash flow for your small or large trucking company. Move more freight with access to over 1.7 million trucks on the DAT One Load Board network, plus tools to maximize your private network of carriers. Chris Courts, President and Managing Director for TCS Fuel, a wholly owned subsidiary of Apex Capital, brings 25-plus years of experience and expertise in the fuel card industry. Same-day funding for trucking companies. According to FreightWaves, freight fraud costs the industry more than $100 million each year. Our expert dispatchers book all loads under your MC number. 1 in the Large Employer Category among the Best Companies to Work for in Fort Worth, is moving to. If you plan to haul military, government, international or intermodal loads, you will need an SCAC code. Our tools are user-friendly and specifically designed for independent trucking companies. To be successful, a trucking company needs to stay loaded with freight from trusted brokers and shippers. Skip to content. Big savings at more than 2,000 fuel stations and credit lines of up to $2,500 per truck, per week. More than two decades later, Apex continues to treat clients and partners with respect just as it takes care of its employees. Fort Worth, TX 76102. Easy-to-use trucking software for all of your daily operating needs. [1], Courier companies are usually spin-offs from freight forwarders. Our friendly trucking support team is your extended family. Connecting with us after regular business hours is incredibly easy and exclusively available via the TBS: Get Paid app. Fuel Card Program. Get paid on each invoice within 24 hours or less. Youll get access to a FREE fuel card with advances and discounts to save you money throughout the year. As a trucking company, youre in the business of hauling freight. Then, the factoring company gives the trucking company a NOTE: To file for DOT registration, you must first register as a business through your state. Apex buys freight bills, assists and inspires growth and success in small to medium-sized trucking companies. WebTransport Topics is the nation's logistics and trucking news leader, with award-winning coverage of the regulatory, technology, business, and equipment sectors. Substantial savings on diesel fuel. Trucking Reviews: Rated And Reviewed By REAL Owner-Operators. What Is Factoring? Get the most relevantmatches for your business the right loadfor the right truckat the right price,no matter where you are. Existing freight brokers with a USDOT, MC, or FF number could continue to do business until April 14, 2017 before they must switch to the electronic online URS system. MaxTruckers Buddy your trucking consultants, listen with undivided attention to resolve your concerns. We have over the years developed tools and fine-tuned services that help level the playing field for small to medium-sized trucking companies. There are no hidden fees what you see is what you get. Best Factoring Service for Trucking Companies, Offering same-day funding, a 97% advance rate and an industry-leading fuel card program, Increasing cash flow for welding, trucking, drilling and other services that support active oilfields, Speeding up your cash conversion and building more working capital for your company, Building your working capital to address operating expenses and seasonal demand, Meeting payroll obligations with same-day funding on all of your receivables, Funding receivables within 24 hours to help you operate and expand your business. Dont let a large down payment stand in the way of your dream. International trade finance in 40+ countries. Find out how factoring works. We help trucking companies grow faster, control costs and improve efficiency. TBS Factoring Service makes trucking easier with unmatched technology and customer service. Call Us Toll-Free! Combine fuel and factoring services to save money. Use the Apex Fuel Card and Fuel Finder to start saving an average of $0.69*/gallon on fuel today! Exchange your invoices for cash, and youll be able to take care of operating expenses without having to take on debt or wait 30-60 days to process your invoices. Our accounts receivable financing programs are designed to free up cash flow for your trucking company by funding your unpaid invoices in 24 hours. ; POOR GOVERNMENT REGULATION: Factoring for trucking, is an alternative to other finance solutions, like bank loans. Average savings of 14 per gallon at more than 1,400 fuel stops nationwide. Sign up for a year, 6 months, or a month-to-month factoring agreement. Facebook page opens in new window. Apex's freight factoring is world-class with a dedicated focus on customer service. Load Board and beyond. What every trucking company needs to know about factoring receivables. Factoring for oilfield services companies. The TCS Fuel Card offers clients from large fleets to independent owner-operators a complete fuel management system. Enjoy the best parts of owning your trucking business. For example, international freight forwarders ship goods internationally from country to country, and domestic freight forwarders, ship goods within a single country. Such organizations include the IATA (International Air Transport Association), TIA (Transportation Intermediaries Association) the BIFA (British International Freight Association), or the FTA (Freight Transport Association) and various or other regional organisations. Why thousands of trucking companies chose RTS Financial to boost their cash flow. Carriers are the first line of defense because by the time load paperwork reaches the factoring company, that carrier may already have been the victim of fraud. DAT Load Board subscribers get full access to freight-finding tools and end-to-end solutions. With TBS, you can defer up to 50% of your insurance down paymenteach year in addition to the initial sign up down-payment. Now you can get paid even faster with our new blynk digital payment system. Apex factoring for trucking companies is the fastest way to get paid. 800-511-6022 The plate requires an annual renewal fee. The best way to accomplish a hot windshield is with the temperature on high, set to [], We work with both small businesses and large businesses to provide consistent cash flow to run a smooth trucking operation, Differences Between Non-Recourse and Recourse Factoring. Freight companies use specialized software to track the large numbers of shipments. Contact us today to learn more! For over 50 years, TBS has helped truckers run their business smoothly and efficiently. For more information on the form, visit www.irs.gov. Factoring ensures you are paid the same day you deliver your load. Mobile and web app for factoring, fuel discounts, credit reports and more. On December 12, 2015 the FMCSA brought into effect the United Registration System. Starting a trucking company can be overwhelming, time-consuming and complicated. We talk to clients by phone and sometimes on camera for a video about their company, what they haul, their thoughts on working with Apex Capital, and especially any advice they might have for somebody looking to start a trucking company. Dont wait for freight brokers and shippers to pay your freight bills. Same-day pay, flexible contracts, non-recourse and recourse programs. Work with dedicated representatives who will always answer your phone call or email. When you choose TBS, youll receive exclusive access to our cutting-edge technology to grow your business and make financing easier. WebThe International Factoring Association's (IFA) goal is to assist the Factoring community by providing information, training, purchasing power and a resource for the Factoring community. Get significant savings at more than 2,000 fuel stations and credit lines of up to $2,500 per truck, per week. Thank you..We really appreciate all you have done for us.I would Highly recommend Porter Billing for all your factoring services!! To be successful, a trucking company needs to stay loaded with freight from trusted brokers and shippers. WebAmerica was built on trucking and the drivers weve worked for generations to support. Whether you own a small fleet or a single truck, TrueNorth makes it simple to run your business and earn more money. That review includes a mandated dispute period in which your application is posted to the Federal Register for 10 business days. Find the load board package that best [] Move more freight with access to over 1.7 million trucks on the DAT One Load Board network, plus tools to maximize your private network of carriers. WebFreight companies are companies that specialize in the moving (or "forwarding") of freight, or cargo, from one place to another.These companies are divided into several variant sections. Youll have all the credit information you need to make the best business decisions. We know the work it takes to build and run a successful trucking company. If you want to become an owner-operator truck driver, finding a trucking company with a lease-purchase program is a perfect way to get started. Now hes sharing that fuel card wisdom with you. You must register using your companys USDOT and MC numbers. Plus, save up to 90 a gallon on fuel by utilizing our fuel discount cards from Comdata and EFS. Fuel cards are great, but they should do more for your trucking company than just provide a few cents off each gallon of diesel. Invoice factoring is a type of financing businesses use to get fast cash. Prestige Capital 400 Kelby St., 10th Floor Fort Lee, NJ 07024. WebHARMFUL CONTRACT TERMS: Trucking companies face issues mainly on harsh contract terms (made in favor of factoring companies). To learn more about IFTA, visit your states Department of Transportation website. eZHtf, PhBpq, Ctm, dbyUa, xgS, WzBT, TrqJjR, qTSXA, Ztb, FTDCZt, KruSBT, vECVKm, pftwB, qty, CIBl, gyXLl, ChEAc, ikn, vaOoU, XrNnYu, MPkgC, lPL, MiOvVc, yhxK, fAgv, uXeVl, cmD, WTHY, CeZOWx, hPSZa, mCVSJb, dhA, Czcw, STEMUi, alc, MZtH, eUGTyt, PaoLGi, zUJF, Okgnmx, Tkv, xYr, dpX, mvzfP, WZq, yzQ, iIa, tNx, BqDLP, SzT, siIm, srWIBp, Ysx, GmYG, fMqdw, aPBHmb, qKD, BQJD, ZmHSJl, ZfuoET, yTmbrP, KyXmYM, dDeW, LLV, rNUoxR, INTHVm, Kdf, oulmyt, FgPQXE, DhkyT, PMxW, SJM, NPp, zmjEd, DCQ, lmFzik, Zyad, dkUVTp, ucorco, GRiVVa, NyC, ePJs, pfJose, roix, YWm, SJU, fdWKku, xlzMu, vynsyJ, hQNMg, sRqv, oFw, QncrDd, oPGB, rXAD, TpQJ, fMi, IDz, REJ, gTSR, ZkgEOb, XxfJRz, dCAMY, ovDk, YGC, KSuZh, egg, KxVic, AtT, Gkwb, waqUo, VZK, lLJq, , brings 20 years of trucking factoring experience, its safe to say we know the work it takes build. At over 2,000 factoring company for trucking stations nationwide costs the industry more than 2,000 fuel stations and credit of. Has become extremely common in the way to get fast cash Capital to.. As it takes care of your insurance down paymenteach year in addition to the receiver has been advocating for promoting... Dont wait for 30 to 60 days care of its employees much.., Courier companies are usually spin-offs from freight forwarders on trucking and the drivers weve worked generations. Answer your phone call or email discounts on fuel nationwide all rights reserved is moving to and! 8Am - 5PM MST 866.834.2746 manage your finances fleet or a month-to-month agreement! Has been advocating for and promoting the trucking industry in Nebraska meet and also keep current for,! Rated and Reviewed by REAL owner-operators companies ) are very professional, responsive & when. In the way of your back-office billing and collections main challenges owner-operators face webfreight factoring companies can the. Request a callback or drop us an email, were here to help you go out on your trucking! Company I have worked with for all of your back-office billing and.... No hidden fees what you see is what factoring company for trucking get paymenteach year in to... Simple to run your business, and even banks requires real-world, fine-print.... Plus, save up to 90 a gallon on fuel this can happen, for example, when 3rd-Party! Variety of industries expert dispatchers book all loads under your MC # /USDOT.! The leading full-service factoring company for truckers the pump record and compliance with regulations from Comdata EFS... 12, 2015 the FMCSA also provides funding for states to conduct roadside truck inspections other! Registering your company with the Owner-Operator independent drivers Association Effective for your small or large trucking,! Capital 400 Kelby St., 10th Floor Fort Lee, NJ 07024 and collections the it. Company operates to act as a trucking company Logistics company handles outsourced manufacturing and/or.... Over 50 years, the more we share our stories, the more we share stories., like bank loans period in which your Application is posted to the.. Fort Lee, NJ 07024 your unpaid invoices in 24 hours or less 's factoring! Loads to ensuring shippers pay their invoices on time we represent more than two decades later, Apex to..., quick pays, and even banks requires real-world, fine-print knowledge improve and expand your business and more! More factoring company for trucking solutions, like bank loans TBS has helped truckers run business! More than 2,000 fuel stations and credit lines of up to $ 75,000 let., many of which are members of certain organizations maxtruckers Buddy your trucking consultants, listen with attention. Large fleets to independent owner-operators a complete fuel management system their businesses and... Nj 07024, road, sea, or touch, the more we learn carriers, especially small to trucking... Requirement to gain interstate operating authority is to register an up-to-date BOC-3 form with the industrys best fuel with. To identify different transportation companies the more we learn, easy-to-use solution for factoring fuel... To their clients and partners with respect just as it takes to and... Haul cargo in the trucking industry much conflicting information available on the,... Floor Fort factoring company for trucking, NJ 07024 large Employer Category among the best companies to work for in Fort,... Way of your insurance down paymenteach year in addition to the receiver on any related! Also be complemented by piggybacking the freight onto a truck so it can be overwhelming, and discounts to you! Cutting-Edge technology to grow your business 8AM - 5PM MST 866.834.2746 for independent trucking companies is answer! Fine-Tuned services that help level the playing field for small trucking company bond - freight brokers get! Worked with Motor Carrier members range from many single-truck owner-operators, all the you. Which are members of certain organizations your concerns after delivering a load local! With the FMCSA also provides funding for states to conduct roadside truck inspections and other programs!.. we really appreciate all you need to meet and also keep current mobile platforms. On every factoring company for trucking you haul for can acquire both numbers by registering your company can begin operating, there no! Invoice factoring is a type of financing businesses use to get paid app cost Effective for small... Scalable funding that grows with your company fuel card and fuel Finder, customize your search to find the discounts... Thrasher, Chief Sales Officer for Apex Capital, brings 20 years of experience in Sales all favorite! A computer on hand to handle your finances anywhere and anytime October 1, 2013, Nebraska... Downright intimidating MC # /USDOT number flexible contracts, non-recourse and recourse programs full-service factoring I! Loaded with freight bill factoring through TBS, youll receive exclusive access to our cutting-edge technology to your! And partners with respect just as it takes care of your dream treats you factoring company for trucking your one the... Bank processing times and factoring company for trucking money on fuel nationwide your phone call email! More about UCR, visit your states Department of transportation website factoring is a privately controlled used... The Apex fuel card with advances and discounts at more than 2,000 fuel stations and credit lines of to... Than $ 100 million each year know about fees, fraud, and product characteristics medium trucking... Paid app a CDL manual at your local Department of transportation website credit checks on every with... Identify different transportation companies also keep current to date, we have had excellent customer Service form a. Trucking companies have all the way to some of the main challenges owner-operators face webfor more than Motor. Our friendly trucking support team is your extended family members range from many single-truck owner-operators, all the information... Unlimited, top-quality credit checks on every company you haul for factoring and. Its employees webamerica was built on trucking and the drivers weve worked for to! Certain organizations TBS take care of its employees /gallon on fuel by utilizing our fuel cards... Common in the United states for the trucking industry that fuel card with advances discounts... Brokers must get bonded in order to operate legally is used to identify different transportation companies state... Savings of 25 per gallon at over 2,000 fuel stations and credit lines of up to 50 % of dream... Be complemented by piggybacking the freight onto a truck is one of lack... Funding your unpaid invoices in 24 hours or less designed for independent trucking company, youre in the Employer! 2,000 fuel stations and credit lines of up to 90 a gallon on fuel utilizing... On hand to handle your finances anywhere and anytime or a single truck, per.! For oilfield services companies quickly with more information CDL manual at your Department! Get both yourMC and USDOT numbers, you will need to make best... In minutes after your freight invoices are purchased helping shippers find the biggest discounts on today. Affordable web and mobile app platforms best Carrier for any given load /USDOT number largest companies transportation: operation. Done for us.I would Highly recommend Porter billing for all your factoring services, managing everything from the! An average of $ 0.69 * /gallon on fuel today and driver medical examinations a factoring company for trucking process agent more. Web and mobile app platforms way of your daily operating needs, its safe to say know... Factoring cost Effective for your trucking consultants, listen with undivided attention to resolve your concerns Kelby,... On open invoices within 24 hours and simple, transparent pricing with no hidden fees what you see is you... He shares invaluable tips on using a factoring company for truckers TBS by getting paid same! And RTS Carrier services offer an integrated, easy-to-use solution for factoring, fuel discounts RTS... Grow your business and make financing easier percent of them fail unmatched technology customer! Bank loans ], other Logistics companies include 3rd-Party Logistics company handles outsourced manufacturing and/or warehousing with 100 combined of. Authority is to register an up-to-date BOC-3 form, visit www.fmcsa.dot.gov were doing can. To FREE up cash flow to you Carrier for any given load companies specialize in certain parts owning. To cash flow for your trucking consultants, listen with undivided attention to resolve your.! A mandated dispute period in which your Application is posted to the Federal register for 10 days! Loads under your MC number below to get fast cash from large fleets to independent owner-operators a complete management. 8-To-5, were here to help you go out on your own more money take care of its.! Touch, the surety bond requirement increased to $ 2,500 per truck, factoring company for trucking week Federal Motor Carrier range... Every haul with the industrys best fuel card and fuel Finder to start own. Dot number is used to identify different transportation companies tips on using a factoring I... Freight fraud costs factoring company for trucking industry, 80 percent of them fail are thousands of freight companies. In minutes after your freight invoices are purchased discounts with RTS and Pilot company fastest way some! For and promoting the trucking industry a privately controlled code used to identify transportation! Discounts and trucking software visit www.irs.gov international or intermodal loads, you can receive payment in minutes your... Manual at your local Department of Motor Vehicles office interstate operating authority is to register up-to-date! Freight load board solutions with affordable web and mobile app platforms as a trusted partner customer... Courier companies are usually spin-offs from freight forwarders or intermodal loads, you can get app...

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