Benefits of Factoring for Expedited Trucking Companies
Some of the many benefits of investing in factoring for your hot shot trucking company include:
- Immediate funds: Your company receives immediate cash for your invoices, increasing your cash flow and giving you the resources to pay for expenses like payroll, fuel, and repairs.
- No added debt: Unlike a loan, factoring doesn’t accumulate debt or require monthly payments.
- Unlimited capital: Factoring grows with your sales, meaning the more your sales increase, the more cash becomes available for your use.
- Back office support: As a new hot shot trucking company, you may require assistance managing the billing, collections, and communications for your invoices. Factoring companies take responsibility for these tasks for you.
Invest in Factoring for Hot Shot Trucking Companies Today
You can keep up with daily hot shot trucking costs and get paid fast with factoring services from Apex Capital. When you factor your freight bills with us, we’ll provide you with competitive rates, same- and next-day funding, and around-the-clock factoring to serve your needs.
Get in touch with our knowledgeable staff today!