What is Freight Factoring? | Apex Capital Blog

What is Freight Factoring?

by Apex Capital | April 14, 2015

Freight factoring is money that is advanced on accounts receivable, or freight bills. Selling your freight bills is an easy way for small to medium sized trucking companies to improve their cash flow and keep their trucks on the road. It’s similar to a short-term loan, but it is not actually considered a loan.

Watch this video to see how freight factoring helps trucking companies, large or small, manage cash flow, grow their businesses and more.

What is Freight Factoring?

Now that you have an idea of how freight factoring can help your trucking company, call us to learn how our flexible factoring program will work for you. One of our factoring specialists can answer any questions you have and start the application process.

Apex is a full-service freight factor. We’ve worked with trucking companies for over 20 years and we know the freight industry. Not only do we advance money on freight bills, we provide our clients with more solutions to the challenges they face.

Apex Factoring Advantages

  • FREE access to our load board, NextLOAD.com
  • FREE fuel card with discounts on fuel nationwide
  • FREE Online Account Management Portal (AMP) 24/7
  • FREE credit checks and self-funding 24/7
  • FREE Mobile Factoring™ app
  • Low, competitive rates
  • Recourse & non-recourse factoring options
  • Same-day or next-day funding
  • Fuel credit lines available
  • Fast and reliable funding with faxes and copies
  • 2% flat rate on invoices that have already been billed
  • No termination fees or long-term contracts
  • Exceptional customer service

Call us today to learn more about factoring your freight bills with Apex and how we can help your trucking company succeed.

855-369-2739 or get started here.

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